36316
Dothan, Alabama
Dothan 36316 needs watching.
The 36316 ZIP code in Dothan, Alabama has a median sale price of $254K, down N/A year-over-year. Homes spend an average of 118 days on market, with 20% of homes selling above list price.
Folio's PropIQ™ score of 60 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 36316.
The 36316 ZIP code in Dothan shows stagnation at a $254,000 median sale price with flat year-over-year growth, indicating price appreciation has halted after previous gains. Homes are averaging 118 days on market, well above the national median of approximately 60 days, signaling weak buyer urgency. Only 20% of properties sold above list price, meaning four out of five sellers accepted at-ask or below-ask offers, confirming limited competition among buyers in this price segment.
This environment favors patient buyers with financing approval who can leverage the 118-day market time to conduct thorough inspections and negotiate terms. Sellers facing timeline pressure should avoid this market, as the 80% rate of at-or-below list sales demonstrates minimal bidding wars. Cash investors seeking rental yields may find opportunity if the extended days on market translate to 5-8% discounts from initial list prices during negotiation.
The PropIQ score of 60 signals caution rather than crisis, suggesting neither strong appreciation nor significant decline ahead. The flat price trajectory combined with elevated days on market indicates oversupply relative to demand at current pricing levels. Monitoring the next quarter's sales velocity and any movement in the 20% above-ask metric will determine whether this represents temporary seasonal softness or a structural shift requiring 5-10% price corrections to clear inventory.
What is the median home price in 36316 Dothan?
The median sale price in 36316 is $254K, down N/A year-over-year as of 2026-02-28.
How long do homes stay on the market in Dothan 36316?
Homes in 36316 Dothan spend an average of 118 days on market before going under contract.
Is Dothan 36316 a good place to invest in real estate?
Folio's PropIQ™ score for 36316 is 60/100 — a Caution signal. 20% of homes sold above asking.
What does a PropIQ™ score of 60 mean for 36316?
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 60 = Caution in 36316 Dothan, Alabama.