Dothan, AL Home Values & Market Trends

Real estate market trends reflect that there have been 1,368 transactions over the past year in Dothan. The median value for residential home transactions that occurred over the previous year is $173,125.21. The number of current listings in Dothan is 232, and the percentage of properties for sale in the city is 232.00%. Dothan, AL currently has 34 properties in foreclosure, 13 bank owned properties, 21 properties headed for auction, and 232 properties for sale.

Dothan, AL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
36301

$ 164,191

$ 107/sqft

36305

$ 293,000

$ 131/sqft

36303

$ 208,956

$ 105/sqft

Housing Market Summary for Dothan, AL

Apr 2023March 2024Change
Median Listing Price$232.4K$177K-23.82%
Median Sold Price$179.7K$177K-1.48%
Homes For Sale14422254.17%
Homes Sold6506692.92%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Dothan, AL

Dothan home values range from $18,110 to $3,898,152. The median estimated value of a home in Dothan is $173,125.21. The median list price of a home is 242,000, and the total count of properties in the city is 27,763.

Foreclosure
There are 3 zips within Dothan, AL; within these zips, the median estimated home value for homes in foreclosure ranges from $374,900 in 36303 to the lowest value of $26,809 in 36303. Foreclosure homes account for 0.00% of properties in Dothan, AL with 36301 containing 15 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Dothan, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Dothan, AL; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Dothan, AL ranges from the highest value of $244,047 in 36305 to the lowest value of $26,809 in 36303. Bank owned homes and properties account for 0.05% of properties in Dothan, AL. There are 3 zips within Dothan, AL; 36303 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    36301 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Dothan, AL. Auction homes and other auction properties account for 0.08% of all properties in Dothan, AL. There are 3 zips within Dothan, AL; of those zips, the median estimated home value for homes going to auction ranges from $323,244 in 36301 to the lowest value of $29,506 in 36301.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.84% of residential properties in Dothan, AL with 36301 containing 104 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Dothan, AL; homes for sale in those zips, have a range of median values from $2,595,500 in 36303 to the lowest value of $31,129 in 36301.
    Sold Homes
    The median value for recently sold homes ranges from $1,261,705 in 36305 to the lowest price of $19,688 in 36305. There are 3 zips within Dothan, AL. 36301 has 325 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.45% of properties in Dothan, AL.

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      Guide for Dothan, AL

      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
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      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Home Buying Tools
      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Market Reports|posted 20 March 2024

      Birmingham, Alabama’s real estate market is showing a positive growth trend, with increasing average property values from March 2023 to February 2024.

      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Tools|posted 5 June 2021

      Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.