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  4. /Dothan, AL - 36305

Dothan, AL—36305

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$273,000
1.6% YoY Growth
Household Income
$81,400
25.3% YoY Growth
Days on Market
57
23.0% Longer YoY
Home Price Forecast
1.0%
Median Rent
$1,350
12.7% YoY Growth
1-Bed Rent
$900
N/A
2-Bed Rent
$1,100
4.5% YoY Growth
3-Bed Rent
$1,600
0.6% YoY Growth

Other Zip Codes in Dothan, AL

3630336301
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Dothan, AL

As of May '26, the median home price in Dothan, AL is $273,000, with a year-over-year change of 1.6%. This indicates that home prices in Dothan, AL are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$273,0001.6%
Single Family $273,0001.5%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$244,0001.7%
    4 Bed
    		$419,0001.2%
    5 Bed $694,0172.5%
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    % of Housing Stock

    Studio
    0.3%
    1 Bedroom
    4.8%
    2 Bedrooms
    17.7%
    3 Bedrooms
    55.4%
    4 Bedrooms
    17.4%
    5+ Bedrooms
    4.4%

    Rental Trends — Dothan, AL

    As of July '25, Rentcast reports the average rent in Dothan, AL is $1,370, with a year-over-year rent change of -12.7%. Per bedroom, the median rent as of July '25 in Dothan, AL is 1-bedrooms: $965, 2-bedrooms: $1,070, 3-bedrooms: $1,580. The most common rental property sizes in Dothan, AL are 3-bedroom and 2-bedroom, accounting for 41.5% and 39.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,350$1,370
    Studio Rent N/AN/A
    1 Bed Rent $900$965
    2 Bed Rent $1,100$1,070
    3 Bed Rent $1,600$1,580
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    0.4%
    1 Bedroom
    14.9%
    2 Bedrooms
    39.2%
    3 Bedrooms
    41.5%
    4 Bedrooms
    2.8%
    5+ Bedrooms
    1.3%

    Property Listings — Dothan, AL

    As of May '26, Realtor.com reports that the median days on market for a home in Dothan, AL is 57. This is a increase of 23.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$387,000-7.0%
    Listing Count
    		9036.0%
    Listings as % of Homes0.3%36.0%
    Days on Market
    		5723.0%
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    Demographics — Dothan, AL

    As of the latest ACS Survey released in 2023, Dothan, AL has a population of 17,600, which has increased by 11.2% over the past 5 years. Dothan, AL is a moderately popular place for families, as children make up 23.6% of the population. The area has a moderately educated workforce, with 34.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		17,60011.2%
    % Under 18
    		23.6%-3.7%
    % Seniors
    		17.4%0.6%
    % WFH
    		3.8%-2.6%
    % w/ College Degree
    		34.5%-0.3%
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    As of the latest ACS Survey released in 2023, Dothan, AL is a predominantly white area, with 77.0% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Dothan, AL is black, making up 11.9% of the population. Foreign-born residents account for 5.7% of the population in Dothan, AL, and this percentage has increased by 58.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		77.0%-6.7%
    % Black
    		11.9%15.5%
    % Hispanic
    		5.7%58.3%
    % Asian
    		1.6%-23.8%
    % Foreign Born
    		5.7%58.3%
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    Mortgage and Risk — Dothan, AL

    According to HUD data as of 2023, there were 290 mortgage originations in Dothan, AL, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Dothan, AL. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		290
    % Conventional Loans
    		66.0%
    % Government Loans
    		34.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		9.0%
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    Rentals and Section 8 — Dothan, AL

    Dothan, AL lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		124
    Total Units Section 8
    		124
    % Rentals under Section 8
    		5.6%
    % Occupied Section 8
    		95.7%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$60$900$960
    2 Bedroom$90$1,100$1,190
    3 Bedroom$20$1,600$1,620
    4 BedroomN/AN/A$1,840

    Affordability — Dothan, AL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3
    Median Home Price$273,000
    Median Household Income$81,400

    Dothan, AL — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions