36767
Selma, Alabama

The 36767 ZIP code is experiencing severe price deflation, with the median sale price at $204,000 after a dramatic 69.1% year-over-year decline. Homes are averaging 132 days on market, well above the national median, and zero properties have sold above asking price in the current period. This data indicates a market under significant downward pressure, where sellers hold minimal pricing power and buyer demand remains constrained. The collapse in values suggests either distressed sales activity or a fundamental repricing of local real estate assets.

This environment favors cash buyers and value investors willing to absorb extended hold periods and potential near-term volatility. The 132-day marketing window and complete absence of over-ask sales create negotiating leverage for patient purchasers. Existing sellers face difficult conditions with limited exit options unless pricing aggressively below recent comparables. Investors seeking opportunistic entry points may find discounted assets, though the 69% price drop signals underlying market stress that requires careful due diligence on employment, population trends, and property condition.

The PropIQ score of 45 reflects substantial caution, indicating elevated risk and poor momentum metrics for the immediate term. Buyers should monitor whether days-on-market stabilizes or continues expanding, as further increases would signal worsening liquidity. The key inflection point will be evidence that the price decline is moderating—watch for quarterly price changes moving closer to zero. Without stabilization in transaction velocity and pricing, the 45 score suggests this market remains in correction mode rather than recovery phase.