Call or Text (240) SELL-123

BANKS, AL 36005

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The BANKS, AL real estate market (36005) currently shows 3 active listings. Homes are averaging 67 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 67 days on market compared to 50 days last year.

The median listing price has risen 36.6% year-over-year, from $182,950 to $250,000.

Whether you are buying or selling in BANKS, AL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for BANKS, AL 36005 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 1,536  ·  Density: 4.0/mi²  ·  Median household income: $43,167

Typical home value: $110,571  ·  Homeownership: 83.8%

Market Overview

Active Listings
3
⇩ 40% vs 5 last year
Pending
0
0% pending ratio
Median Price
$250,000
⇧ 36.6% vs $182,950 last year
Average Price
$227,375
⇩ 3.5% vs $235,650 last year
Days on Market
67
⇧ 34% vs 50 days last year

Price Per Square Foot

Median $/sqft
$136
⇧ 34.7% vs $101/sqft last year
Median Home Size
1,455 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 5 last year
  • Days on market: 67 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $250,000 (+36.6% YoY)
  • Average: $227,375 (-3.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 34.9 miles — 142 listings ($35,831,803 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
36005Banks, AL 360050.0 mi3$675,000$250,000$225,000
36010Brundidge, AL 3601015.6 mi13$1,742,598$122,000$134,046
36016Clayton, AL 3601617.9 mi9$1,966,221$183,100$218,469
36089Union Springs, AL 3608919.2 mi4$1,247,052$243,675$311,763
36053Midway, AL 3605320.0 mi3$564,999$98,500$188,333
36035Goshen, AL 3603524.1 mi4$1,995,500$441,000$498,875
36374Skipperville, AL 3637425.6 mi2$1,882,000$941,000$941,000
36317Clopton, AL 3631726.3 mi1$249,900$249,900$249,900
36034Glenwood, AL 3603428.8 mi3$1,073,100$357,700$357,700
36360Ozark, AL 3636029.4 mi77$18,759,433$204,950$243,629
36860Hurtsboro, AL 3686031.8 mi1$119,900$119,900$119,900
36049Luverne, AL 3604933.4 mi21$5,157,600$202,425$245,600
36041Highland Home, AL 3604134.9 mi1$398,500$398,500$398,500

Frequently Asked Questions

How many homes are for sale in BANKS, AL 36005?

As of March 2026, there are 3 active listings in BANKS, AL (zip code 36005), compared to 5 the prior year.

What is the median home price in BANKS, AL 36005?

The median listing price in BANKS, AL 36005 is $250,000 as of March 2026, a 36.6% increase from $182,950 the prior year.

How long do homes stay on the market in BANKS, AL?

Homes in BANKS, AL 36005 spend an average of 67 days on the market before going under contract, compared to 50 days the prior year.

Is it a seller's or buyer's market in BANKS, AL 36005?

Based on current inventory and days-on-market data as of March 2026, BANKS, AL 36005 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 67 days on market compared to 50 days last year.

How much can I save on real estate commission in BANKS, AL?

With SELL123.com's maximum 3% commission, sellers in BANKS, AL 36005 save an estimated $5,000 compared to a typical 5% commission on the median listing price of $250,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.