Is Opelika, AL 36801 a buyer’s or seller’s market?

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

Opelika is a seller’s market. With about 3.1 months of supply and 12% 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.

Competition score34/ 100

More competitive than 32% of U.S. ZIP codes, and #109 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 supply3.1Under 4 months = seller’s market
Sold above original list12.4%Share of sales, last 3 months
Median sale-to-list98.5%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$188▲ +4.7% vs. last year

The Opelika housing market right now

In the three months ending August 31, 2026, 12% of homes in Opelika, AL 36801 sold above their list price, the typical home went under contract in 70 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 182 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (11% then), homes sold more slowly (56 days then) and the median sale price held steady to $342,847. Overall, Opelika is less competitive than a year ago, which gives buyers more room.

Within Lee County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county. On our competition score, Opelika ranks #109 of 249 AL ZIP codes with enough sales (score 34 out of 100).

Nearby, Phenix City 36870 (29% sold over asking) and Smiths Station 36877 (27% sold over asking) are even more competitive.

Nearby markets

Auburn 36830Balanced $219 /sq ftAuburn 36832Seller’s market $210 /sq ftOpelika 36804Seller’s market $169 /sq ftPhenix City 36870Seller’s market $169 /sq ft Browse all markets →

Where Opelika is

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Questions about Opelika real estate

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

A seller’s market: there were 3.1 months of supply in Opelika, AL 36801 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 Opelika?

The typical home went under contract in 70 days in the latest three months.

Do homes in Opelika sell over asking?

12% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.

What are property taxes in Opelika?

About 0.48% of a home’s value a year in Lee County, or roughly $1,920 on a $400,000 home.

What is the median home price in Opelika?

The median sale price was $342,847 in the three months ending August 31, 2026, about $188 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