Is Tallassee, AL 36078 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Tallassee is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score23/ 100

More competitive than 17% of U.S. ZIP codes, and #173 of 249 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.3Under 4 months = seller’s market
Sold above original list15%Share of sales, last 3 months
Median sale-to-list95.7%Sold price ÷ list price
Median days on market71Listing to accepted offer
Median price per sq ft$144▲ +10.6% vs. last year

The Tallassee housing market right now

In the three months ending August 31, 2026, 15% of homes in Tallassee, AL 36078 sold above their list price, the typical home went under contract in 71 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 41 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (17% then), homes sold more slowly (68 days then) and the median sale price fell 1% to $239,646. Overall, Tallassee is about as competitive as it was a year ago.

Within Elmore County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 62%. On our competition score, Tallassee ranks #173 of 249 AL ZIP codes with enough sales (score 23 out of 100).

Nearby, buyers who want less competition could look at Eclectic 36024 (4% sold over asking) or Titus 36080 (10% sold over asking), while Coosada 36020 (67% sold over asking) and Elmore 36025 (36% sold over asking) are even more competitive.

Nearby markets

Coosada 36020 $122 /sq ftDeatsville 36022Seller’s market $162 /sq ftEclectic 36024Balanced $277 /sq ftElmore 36025Seller’s market $141 /sq ft Browse all markets →

Where Tallassee is

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Questions about Tallassee real estate

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

A balanced market: there were 4.3 months of supply in Tallassee, AL 36078 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 Tallassee?

The typical home went under contract in 71 days in the latest three months.

Do homes in Tallassee sell over asking?

15% of homes sold above their original list price, and the typical sale closed at 95.7% of the list price.

What are property taxes in Tallassee?

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

What is the median home price in Tallassee?

The median sale price was $239,646 in the three months ending August 31, 2026, about $144 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