36773
Selma, Alabama
Selma 36773 needs watching.
The 36773 ZIP code in Selma, Alabama has a median sale price of $275K, down N/A year-over-year. Homes spend an average of 65 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 27 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 36773.
The 36773 ZIP code in Selma shows a stagnant pricing environment with a median sale price of $275,000 holding flat year-over-year through November 2024. Properties are averaging 65 days on market, indicating moderate absorption rates in this segment. Notably, zero homes have sold above list price, signaling weak buyer competition and a clear shift in negotiating leverage. The market demonstrates limited pricing pressure in either direction, with sellers unable to command premiums.
This market favors patient buyers with flexible timelines who can leverage the extended 65-day marketing period to negotiate below asking prices. The absence of bidding wars and flat appreciation eliminates FOMO-driven decisions, allowing for thorough due diligence. Investors seeking cash flow over appreciation may find opportunity if rental yields justify the $275,000 entry point, though capital gains appear unlikely near-term. Sellers face headwinds and should price aggressively to avoid extending beyond the 65-day average.
The PropIQ score of 27 out of 100 signals fundamental weakness in market momentum and appreciation potential. This caution-level rating suggests continued price stagnation or potential softening if days on market extend further or inventory accumulates. Monitoring monthly absorption rates and any increase in distressed listings will be critical to assess whether the market stabilizes at current levels or deteriorates further through 2025.
What is the median home price in 36773 Selma?
The median sale price in 36773 is $275K, down N/A year-over-year as of 2024-11-30.
How long do homes stay on the market in Selma 36773?
Homes in 36773 Selma spend an average of 65 days on market before going under contract.
Is Selma 36773 a good place to invest in real estate?
Folio's PropIQ™ score for 36773 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 36773?
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 27 = Caution in 36773 Selma, Alabama.