Is Banks, AL 36005 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Banks is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Banks housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Pike County, AL

Population	1,600
Median income	$47,250
Average income	$64,628
Median home value	$107,300
Median rent	$1,109/month
Owner-occupied	83% of homes
Median year built	1984
Walkability	1.9 of 20 · least walkable

Natural hazard riskHurricanes (moderate), extreme heat (moderate), tornadoes (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 36005; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA); walkability from the EPA National Walkability Index.

Run the numbers for 36005

Prefilled for 36005Can I win this house?Multiple-offer likelihood for a listing Prefilled for 36005Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Brundidge 36010Buyer’s market $84 /sq ft Glenwood 36034 — /sq ft Goshen 36035Seller’s market $82 /sq ft Troy 36079Buyer’s market $166 /sq ft Browse all markets →

Towns like Banks nearby

Find towns like Banks in other states →

Grady, AL36036 · 23 miles away89% similarpricier homes ($34K more) · older residents Lapine, AL36046 · 30 miles away88% similarVery close on income, prices and more Ariton, AL36311 · 18 miles away84% similarpricier homes ($51K more) · larger Jack, AL36346 · 21 miles away84% similarpricier homes ($45K more)

Where Banks is

Loading map…

Questions about Banks real estate

What are property taxes in Banks?

About 0.27% of a home’s value a year in Pike County, or roughly $1,080 on a $400,000 home.

Local agents

See all agents in 36005 →

No sponsored agents in 36005 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 36005

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Pike County property taxes Pike County loan limits Closing costs in Alabama Hottest ZIP codes in Alabama

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="36005"><a href="https://offerbacked.com/market/36005">Banks, AL 36005 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview Dark version

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