Is Dothan, AL 36301 a buyer’s or seller’s market?

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

Dothan is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score21/ 100

More competitive than 15% of U.S. ZIP codes, and #186 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 supply4.5Under 4 months = seller’s market
Sold above original list7.5%Share of sales, last 3 months
Median sale-to-list95.7%Sold price ÷ list price
Median days on market46Listing to accepted offer
Median price per sq ft$131▼ −0.9% vs. last year

The Dothan housing market right now

In the three months ending August 31, 2026, 8% of homes in Dothan, AL 36301 sold above their list price, the typical home went under contract in 46 days and there were 4.5 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 137 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 15%, homes sold about as fast and the median sale price rose 10% to $231,900. Overall, Dothan is less competitive than a year ago, which gives buyers more room.

Within Houston County, homes here sell faster than in 86% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Dothan ranks #186 of 249 AL ZIP codes with enough sales (score 21 out of 100).

Nearby, buyers who want less competition could look at Webb 36376 (0% sold over asking) or Gordon 36343 (0% sold over asking), while Cottonwood 36320 (17% sold over asking) and Newton 36352 (14% sold over asking) are even more competitive.

Nearby markets

Ashford 36312Seller’s market $156 /sq ftCottonwood 36320Buyer’s market $121 /sq ftCowarts 36321Buyer’s market $152 /sq ftDothan 36303Balanced $127 /sq ft Browse all markets →

Where Dothan is

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Questions about Dothan real estate

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

A balanced market: there were 4.5 months of supply in Dothan, AL 36301 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 Dothan?

The typical home went under contract in 46 days in the latest three months.

Do homes in Dothan sell over asking?

8% 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 Dothan?

About 0.31% of a home’s value a year in Houston County, or roughly $1,240 on a $400,000 home.

What is the median home price in Dothan?

The median sale price was $231,900 in the three months ending August 31, 2026, about $131 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