36559
Daphne, Alabama
Daphne 36559 needs watching.
The 36559 ZIP code in Daphne, Alabama has a median sale price of $4.38M, down N/A year-over-year. Homes spend an average of 112 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 27 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 36559.
ZIP code 36559 in Daphne presents a luxury market segment with a median sale price of $4,375,000, holding flat year-over-year with no appreciation or decline. Properties are averaging 112 days on market, significantly above the typical 30-60 day absorption rate seen in balanced markets. Zero homes sold above list price as of October 2023, indicating buyers maintain full negotiating leverage and sellers face resistance at current asking prices.
This environment favors patient buyers with substantial capital who can leverage the 112-day marketing period to negotiate concessions. Sellers face unfavorable conditions with flat pricing and extended exposure times, suggesting only non-distressed sellers with flexible timelines should enter. Investors seeking appreciation should look elsewhere, as the flat year-over-year trend and zero above-ask sales demonstrate absent price momentum in this ultra-luxury tier.
The PropIQ score of 27/100 signals significant caution, reflecting weak demand fundamentals at this price point. With 112 days on market and no competitive bidding activity, the data suggests continued buyer advantage through Q4 2023 and into 2024. Monitor absorption rates and any movement in days-on-market metrics; without improvement in DOM and above-list transactions, prices may face downward pressure.
What is the median home price in 36559 Daphne?
The median sale price in 36559 is $4.38M, down N/A year-over-year as of 2023-10-31.
How long do homes stay on the market in Daphne 36559?
Homes in 36559 Daphne spend an average of 112 days on market before going under contract.
Is Daphne 36559 a good place to invest in real estate?
Folio's PropIQ™ score for 36559 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 36559?
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 27 = Caution in 36559 Daphne, Alabama.