Dothan, AL home prices
Typical home $193,192 · +1.7% in a year · income needed $50,800
The Dothan, AL metro area ranks 665 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +1.7% in a year and +22.3% over five years. With 20% down at 7.11%, the typical home costs about $1,186 a month including 0.31% property tax (Houston County rate).
Mortgage on the typical Dothan home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $38,638 | $154,553 | $1,040 | $0 | $146 | $1,186 | $50,800 |
| 10% down | $19,319 | $173,873 | $1,170 | $72 | $146 | $1,388 | $59,500 |
| 5% down | $9,660 | $183,532 | $1,235 | $76 | $146 | $1,457 | $62,400 |
| 3.5% down (FHA) | $6,762 | $189,693 | $1,276 | $85 | $146 | $1,507 | $64,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.31% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Dothan area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Houston County, AL | $200,548 | +1.5% | 0.31% |
| Geneva County, AL | $165,106 | +2.8% | 0.34% |
| Henry County, AL | $193,549 | +1.6% | 0.34% |
What can you afford in Alabama on your salary? · Alabama home prices · Salaries in Alabama
Frequently asked questions
How much is a house in Dothan?
The typical home in the Dothan, AL metro area is worth $193,192 (Zillow, September 2026).
What salary do you need to buy a house in Dothan?
About $50,800 a year for the typical home with 20% down at 7.11%.