The typical home in Dothan, AL is worth about $210,000.
With 20% down that's a loan near $168,000 — the calculator
is pre-filled with that figure. Known as the 'Peanut Capital of the World,' Dothan anchors Alabama's Wiregrass region with an economy still tied to peanut and row-crop agriculture alongside a growing regional healthcare hub. Home prices and Alabama's rock-bottom property tax rate keep it among the most affordable metros in the Southeast.
$1,090.76 / month
Total interest
$224,676
Total paid
$392,676
Payoff
30.0 years
How much you need to earn
Dothan, AL's median household income is about
$50,000 a year. Under standard 28/36
lending rules that supports a home price around
$185,239 with 20% down —
below the $210,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.
Typical asking rent in Dothan, AL is about $1,150 a month, so owning the median home costs roughly
$177 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in Dothan, AL?
On the metro's roughly $210,000 typical home with 20% down, the loan is about $168,000. Principal and interest run near $1,091 a month at today's rate, and Dothan, AL's property tax plus insurance add about $237, for a full payment near $1,327.
Can I afford a home in Dothan, AL on the median income?
The median household income is about $50,000 a year. Under standard 28/36 lending rules that supports a home price around $185,239 with 20% down — below the $210,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Dothan, AL?
Typical asking rent is about $1,150 a month. The full owner payment on a median home is near $1,327, so owning costs roughly $177 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Dothan, AL?
The effective property tax rate in the core county is about 0.40% of market value — roughly $840 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Dothan, AL rising or falling?
Home values are up about 2% over the past year. Known as the 'Peanut Capital of the World,' Dothan anchors Alabama's Wiregrass region with an economy still tied to peanut and row-crop agriculture alongside a growing regional healthcare hub. Home prices and Alabama's rock-bottom property tax rate keep it among the most affordable metros in the Southeast.