Is Monroeville, AL 36460 a buyer’s or seller’s market?

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

Monroeville is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list92.6%Sold price ÷ list price
Median days on market54Listing to accepted offer
Median price per sq ft$90▲ +13.8% vs. last year

The Monroeville housing market right now

In the three months ending August 31, 2026, 0% of homes in Monroeville, AL 36460 sold above their list price, the typical home went under contract in 54 days and there were 4.8 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. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold faster (74 days then) and the median sale price rose 30% to $249,392. Overall, Monroeville is less competitive than a year ago, which gives buyers more room.

Nearby markets

Frisco City 36445Balanced $103 /sq ftUriah 36480Balanced $119 /sq ft Browse all markets →

Where Monroeville is

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Questions about Monroeville real estate

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

A balanced market: there were 4.8 months of supply in Monroeville, AL 36460 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 Monroeville?

The typical home went under contract in 54 days in the latest three months.

Do homes in Monroeville sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 92.6% of the list price.

What are property taxes in Monroeville?

About 0.32% of a home’s value a year in Monroe County, or roughly $1,280 on a $400,000 home.

What is the median home price in Monroeville?

The median sale price was $249,392 in the three months ending August 31, 2026, about $90 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