Is Phenix City, AL 36869 a buyer’s or seller’s market?
Phenix City is a seller’s market. With about 2.7 months of supply and 4% 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 46% of U.S. ZIP codes, and #54 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 Phenix City housing market right now
In the three months ending August 31, 2026, 4% of homes in Phenix City, AL 36869 sold above their list price, the typical home went under contract in 28 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 49 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold faster (30 days then) and the median sale price held steady to $249,142. Overall, Phenix City is less competitive than a year ago, which gives buyers more room.
Within Russell County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Phenix City ranks #54 of 249 AL ZIP codes with enough sales (score 46 out of 100).
Nearby, buyers who want less competition could look at Seale 36875 (0% sold over asking) or Hatchechubbee 36858 (0% sold over asking), while Hurtsboro 36860 (50% sold over asking) and Pittsview 36871 (33% sold over asking) are even more competitive.
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Nearby markets
Fort Mitchell 36856Seller’s market $148 /sq ftHatchechubbee 36858Seller’s market $191 /sq ftHurtsboro 36860Seller’s market $134 /sq ftPhenix City 36867Seller’s market $148 /sq ft Browse all markets →Towns like Phenix City nearby
Find towns like Phenix City in other states →Where Phenix City is
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Questions about Phenix City real estate
Is Phenix City a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Phenix City, AL 36869 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 Phenix City?
The typical home went under contract in 28 days in the latest three months.
Do homes in Phenix City sell over asking?
4% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.
What are property taxes in Phenix City?
About 0.38% of a home’s value a year in Russell County, or roughly $1,520 on a $400,000 home.
What is the median home price in Phenix City?
The median sale price was $249,142 in the three months ending August 31, 2026, about $136 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