36323
Enterprise, Alabama
Enterprise 36323 needs watching.
The 36323 ZIP code in Enterprise, Alabama has a median sale price of $137K, down -32.0% year-over-year. Homes spend an average of 165 days on market, with 25% 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 36323.
The Enterprise, AL 36323 market has contracted sharply, with the median sale price settling at $137,200 after a 32.0% year-over-year decline. Homes are averaging 164.5 days on market, indicating weak buyer demand and limited urgency. Only 25% of properties are selling above list price, suggesting sellers hold minimal pricing power. This correction reflects a significant shift from previous market conditions, with inventory absorption rates pointing to a buyer-controlled environment.
Price-sensitive buyers gain substantial negotiating leverage in this environment, particularly those willing to wait through the 164.5-day average marketing period. Investors seeking below-market entry points can exploit the 32% price reduction, though the extended timeline requires patience and strong financing positions. Sellers face challenging conditions and should avoid this market unless relocation or financial circumstances force transactions, as only one in four buyers are willing to bid competitively.
The PropIQ score of 60 signals continued caution, indicating stabilization remains uncertain and further price discovery may occur. Buyers should monitor whether days on market begin declining below 150 days, which would suggest demand recovery. The 25% above-list-price metric needs to reach 40% before confirming a trend reversal, making the next quarter critical for determining whether $137,200 represents the floor or a temporary plateau in this downward cycle.
What is the median home price in 36323 Enterprise?
The median sale price in 36323 is $137K, down -32.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in Enterprise 36323?
Homes in 36323 Enterprise spend an average of 165 days on market before going under contract.
Is Enterprise 36323 a good place to invest in real estate?
Folio's PropIQ™ score for 36323 is 60/100 — a Caution signal. 25% of homes sold above asking.
What does a PropIQ™ score of 60 mean for 36323?
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 36323 Enterprise, Alabama.