36861
Alexander City, Alabama
Alexander City 36861 needs watching.
The 36861 ZIP code in Alexander City, Alabama has a median sale price of $963K, down -12.5% year-over-year. Homes spend an average of 57 days on market, with 9% of homes selling above list price.
Folio's PropIQ™ score of 47 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 36861.
The Alexander City market in ZIP 36861 shows significant price correction, with the median sale price reaching $962,500 despite a 12.5% year-over-year decline. Properties average 57 days on market, suggesting moderate demand friction in this elevated price tier. Only 9% of homes sell above list price, indicating buyer leverage has returned after what was likely a period of stronger appreciation.
This environment favors patient buyers with strong cash positions who can negotiate on price. The combination of falling values and limited bidding competition creates conditions for 5-10% discounts from initial asking prices. Sellers face headwinds and should avoid this market unless necessary, as the momentum clearly favors the buy side. Investors seeking long-term holds may find entry points, but the declining trajectory demands careful cash flow analysis.
The PropIQ score of 47 signals caution and suggests further price discovery ahead. With values already down double digits and minimal above-ask sales, the market has not yet established a floor. Monitoring absorption rates and whether days-on-market trends above 60 will indicate if depreciation accelerates. Any score movement toward 40 would confirm a buyers' market deepening through 2026.
What is the median home price in 36861 Alexander City?
The median sale price in 36861 is $963K, down -12.5% year-over-year as of 2026-02-28.
How long do homes stay on the market in Alexander City 36861?
Homes in 36861 Alexander City spend an average of 57 days on market before going under contract.
Is Alexander City 36861 a good place to invest in real estate?
Folio's PropIQ™ score for 36861 is 47/100 — a Caution signal. 9% of homes sold above asking.
What does a PropIQ™ score of 47 mean for 36861?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 47 = Caution in 36861 Alexander City, Alabama.