Is Opelika, AL 36804 a buyer’s or seller’s market?
Opelika is a seller’s market. With about 3.7 months of supply and 16% 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.
More competitive than 41% of U.S. ZIP codes, and #73 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
The Opelika housing market right now
In the three months ending August 31, 2026, 16% of homes in Opelika, AL 36804 sold above their list price, the typical home went under contract in 50 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 110 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 23%, homes sold faster (83 days then) and the median sale price rose 1% to $336,854. Overall, Opelika is more competitive than a year ago, so tougher for buyers.
Within Lee County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in 83%. On our competition score, Opelika ranks #73 of 249 AL ZIP codes with enough sales (score 42 out of 100).
Nearby, buyers who want less competition could look at Opelika 36801 (12% sold over asking), while Phenix City 36870 (29% sold over asking) and Smiths Station 36877 (27% sold over asking) are even more competitive.
Run the numbers for 36804
Nearby markets
Auburn 36830Balanced $219 /sq ftAuburn 36832Seller’s market $210 /sq ftOpelika 36801Seller’s market $188 /sq ftPhenix City 36870Seller’s market $169 /sq ft Browse all markets →Towns like Opelika nearby
Find towns like Opelika in other states →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 3.7 months of supply in Opelika, AL 36804 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 50 days in the latest three months.
Do homes in Opelika sell over asking?
16% of homes sold above their original list price, and the typical sale closed at 99.0% 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 $336,854 in the three months ending August 31, 2026, about $169 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