Dothan, AL Home Values & Market Trends

Real estate market trends reflect that there have been 1,346 transactions over the past year in Dothan. The median value for residential home transactions that occurred over the previous year is $182,713.48. The number of current listings in Dothan is 223, and the percentage of properties for sale in the city is 223.00%. Dothan, AL currently has 36 properties in foreclosure, 14 bank owned properties, 22 properties headed for auction, and 223 properties for sale.

Dothan, AL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
36301

$ 187,900

$ 106/sqft

36305

$ 281,149

$ 130/sqft

36303

$ 195,680

$ 108/sqft

Housing Market Summary for Dothan, AL

Feb 2023January 2024Change
Median Listing Price$225.3K$191.8K-14.85%
Median Sold Price$185.8K$191.8K3.22%
Homes For Sale13621961.03%
Homes Sold7047181.99%
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 $18,701 to $4,520,232. The median estimated value of a home in Dothan is $182,713.48. The median list price of a home is 229,900, 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 $596,190 in 36303 to the lowest value of $28,910 in 36303. Foreclosure homes account for 0.00% of properties in Dothan, AL with 36301 containing 16 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 $229,676 in 36305 to the lowest value of $43,982 in 36303. Bank owned homes and properties account for 0.05% of properties in Dothan, AL. There are 3 zips within Dothan, AL; 36301 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    36303 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 $300,000 in 36301 to the lowest value of $28,910 in 36301.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.80% of residential properties in Dothan, AL with 36301 containing 114 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 $1,300,000 in 36305 to the lowest value of $20,000 in 36303.
    Sold Homes
    The median value for recently sold homes ranges from $1,800,540 in 36305 to the lowest price of $18,701 in 36305. There are 3 zips within Dothan, AL. 36301 has 336 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.50% of properties in Dothan, AL.

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      Guide for Dothan, AL

      Home Buying Tools
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      See More Articles
      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 […]

      A nice veranda
      5 Tips For Increasing Your Chances At Winning A Real Estate Auction
      Auction|posted 27 February 2024

      Buying your dream real estate at auction is tricky. Here are some quick tips to give you an edge.

      NYC Real Estate Rises: 8% Surge in Property Values Aug 2023-Jan 2024
      Market Reports|posted 27 February 2024

      New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.

      Long Beach Real Estate Property Values and Cost Per Square Foot on the Rise in 2024
      California|posted 27 February 2024

      Strong demand and a robust economy are driving Long Beach’s real estate market, with property values and cost per square foot on the rise.