Is Phenix City, AL 36870 a buyer’s or seller’s market?

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

Phenix City is a seller’s market. With about 2.7 months of supply and 29% 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 score66/ 100

More competitive than 69% of U.S. ZIP codes, and #9 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 supply2.7Under 4 months = seller’s market
Sold above original list29.1%Share of sales, last 3 months
Median sale-to-list99.6%Sold price ÷ list price
Median days on market26Listing to accepted offer
Median price per sq ft$169▲ +9.2% vs. last year

The Phenix City housing market right now

In the three months ending August 31, 2026, 29% of homes in Phenix City, AL 36870 sold above their list price, the typical home went under contract in 26 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 81 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 35%, homes sold more slowly (19 days then) and the median sale price held steady to $264,885. Overall, Phenix City is less competitive than a year ago, which gives buyers more room.

Within Lee County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Phenix City ranks #9 of 249 AL ZIP codes with enough sales (score 66 out of 100).

Nearby, buyers who want less competition could look at Opelika 36801 (12% sold over asking) or Opelika 36804 (16% sold over asking).

Nearby markets

Auburn 36830Balanced $219 /sq ftAuburn 36832Seller’s market $210 /sq ftOpelika 36801Seller’s market $188 /sq ftOpelika 36804Seller’s market $169 /sq ft Browse all markets →

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 36870 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 26 days in the latest three months.

Do homes in Phenix City sell over asking?

29% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.

What are property taxes in Phenix City?

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 Phenix City?

The median sale price was $264,885 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