36344
Dothan, Alabama

ZIP code 36344 in Dothan, AL shows a median sale price of $204,950 as of February 2026, representing an 11.4% year-over-year increase that outpaces typical inflation adjustments. Homes are moving at a moderate pace with an average 53.5 days on market, while only 13% of properties sold above their list price. This combination of double-digit appreciation with limited bidding competition suggests a market transitioning away from the intensity of previous cycles, though demand remains sufficient to support price growth.

The current conditions favor traditional buyers with financing contingencies rather than cash-heavy investors or flippers. The 53.5-day marketing period provides adequate time for inspection and appraisal processes without requiring waived contingencies. Sellers still benefit from the 11.4% appreciation trend, but the 13% above-list-price rate indicates they must price accurately rather than testing the high end. First-time buyers and relocators gain negotiating leverage that wasn't present in tighter market conditions.

The PropIQ score of 65/100 signals caution about momentum sustainability in this ZIP code. While prices continue rising, the moderate absorption rate and limited premium sales suggest vulnerability to demand shocks or inventory increases. Buyers should monitor whether the 11.4% appreciation rate decelerates in coming quarters, as the gap between price growth and above-list activity typically narrows before corrections. Inventory levels and days-on-market trends will provide the earliest signals of directional change.