36502 — Monroe County, Alabama Market Snapshot
Housing market data for zip code 36502 in Monroe County, Alabama. Updated monthly with median prices, days on market, and more.
Market Sales Data
24 sales in 2026 (year to date)
Median Sale Price
$200,700
Days to Sell
129
Homes Sold
24
Inventory
31
Sale-to-List
95.5%
New Listings
36
Price/SqFt
$106
Pending Sales
37
Conforming Loan Available
Most homebuyers in 36502 can comfortably use conventional financing. The median home price of $200,700 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 129 days on average, 36502 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 36502 sells for 4.5% below asking price (95.5% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 36502 can comfortably use conventional financing. The median home price of $200,700 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 36502 are set at the county level.
2026 Loan Limits — Monroe County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 36502
To purchase the median home at $200,700 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,688.
Monthly Payment
$1,688
Income Required
$72,330
Principal & Interest
$1,237/mo
Down Payment (5%)
$10,035
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 36502.
Estimated Monthly Payment
$1,392
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