36111
Montgomery, Alabama

Montgomery's 36111 ZIP code shows significant price compression with a median sale price of $150,000, down 16.7% year-over-year as of February 2026. Properties are averaging 101 days on market, substantially above the typical 30-60 day range seen in balanced conditions. Only 14% of homes are selling above list price, indicating limited competition and weak buyer urgency. This data pattern reflects a clear buyer's market with downward price momentum.

Price-sensitive buyers gain maximum leverage in this environment, with extended market time creating negotiation opportunities below already-declining asking prices. The 101-day average DOM suggests sellers are increasingly motivated after three months of carrying costs. Cash investors targeting sub-$150,000 acquisitions can exploit the 86% of transactions closing at or below list price. Current sellers face headwinds unless priced aggressively below recent comparables to counter the 16.7% decline trajectory.

The PropIQ score of 55 signals caution, suggesting continued softness rather than stabilization in near-term quarters. The combination of negative price velocity and triple-digit DOM indicates oversupply or weakening local demand fundamentals that haven't yet resolved. Buyers should monitor whether DOM begins contracting below 90 days or if the percentage selling above list rises toward 20%, both indicators that the market is finding a price floor and momentum is shifting.