36080
Montgomery, Alabama

ZIP code 36080 in Montgomery shows significant price contraction, with the median sale price settling at $272,500 after a 36.6% year-over-year decline. Homes are averaging 78.5 days on market, well above the quick-turn threshold of 30-45 days that signals balanced demand. Only 13% of properties are closing above list price, indicating sellers hold minimal pricing power and buyers are successfully negotiating downward from initial asks.

This environment favors cash buyers and value-focused investors who can absorb the 78.5-day holding cost during acquisition. The 36.6% price drop creates entry points for buyers previously priced out at 2025 levels, though financing may prove challenging if appraisals lag recent comps. Sellers face difficult conditions with 87% of homes closing at or below list price, suggesting those without urgency should delay until absorption rates improve.

The PropIQ score of 55 signals caution rather than crisis, indicating volatility without complete market breakdown. The key monitoring point is whether days-on-market extends beyond 90 or contracts toward 60, which would confirm direction. If the 13% above-list figure remains static over the next quarter rather than declining further, it suggests price discovery is nearing completion and the 36.6% correction may be stabilizing.