Is Sulligent, AL 35586 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Sulligent is a seller’s market. With about 1.8 months of supply and 14% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.8Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list89.1%Sold price ÷ list price
Median days on market47Listing to accepted offer
Median price per sq ft$89▼ −3.8% vs. last year

The Sulligent housing market right now

In the three months ending August 31, 2026, 14% of homes in Sulligent, AL 35586 sold above their list price, the typical home went under contract in 47 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (97 days then) and the median sale price rose 70% to $164,929. Overall, Sulligent is more competitive than a year ago, so tougher for buyers.

Nearby markets

Beaverton 35544 — /sq ftKennedy 35574 — /sq ftMillport 35576 — /sq ftVernon 35592Seller’s market $102 /sq ft Browse all markets →

Where Sulligent is

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Questions about Sulligent real estate

Is Sulligent a buyer’s or seller’s market?

A seller’s market: there were 1.8 months of supply in Sulligent, AL 35586 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Sulligent?

The typical home went under contract in 47 days in the latest three months.

Do homes in Sulligent sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 89.1% of the list price.

What are property taxes in Sulligent?

About 0.24% of a home’s value a year in Lamar County, or roughly $960 on a $400,000 home.

What is the median home price in Sulligent?

The median sale price was $164,929 in the three months ending August 31, 2026, about $89 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology