Florence, AL Housing Market
Warm MarketMetro-level monthly sale metrics for rental investors — prices, inventory, pace, and negotiation signals. Figures represent the Florence, AL metro area.
Data period: May 2026
Market snapshot
- Median sale price
- $258K
- Median days on market
- 34 days
- Months of supply
- 3.3
- Active inventory
- 616
- Homes sold
- 187
- Sale-to-list ratio
- 97.7%
- Listings with price drop
- 30.0%
- Data month
- May 2026
Pair this view with the rental property calculator, DSCR calculator, and cap rate calculator — or browse all calculators.
Rental Investor Snapshot
Labels below come from monthly sale-market indicators only. True cash flow requires local rent, taxes, insurance, vacancy, and expense assumptions — model those in the rental calculator, then sanity-check against sale-speed signals here.
- Market temperature
- Competitive
- Buyer leverage
- High
- Pricing signal vs. U.S. median
- Easier buy-in vs. U.S. median (price only)
- Investor fit (heuristic)
- Buy-in vs. U.S. · Appreciation · Negotiation
Watch-outs
- Elevated price cuts can signal negotiation room — verify condition, rents, and comps street-by-street.
Suggested next step: Run a rental property analysis with your own rent, financing, vacancy, and expense assumptions — then sanity-check against this market's sale-speed and negotiation signals.
Warm Market
The market is active with moderate buyer demand.
Florence, AL market summary
The Florence, AL metro area housing market is heating up. As of May 2026, the median home sale price is $258K, up 14.7% year-over-year. Homes are spending a median of 34 days on the market, 20.9% shorter than a year ago.
There are 616 homes for sale — 21.5% more than last year. With 3.3 months of supply, this is a seller's market. 238 new listings were added during this period, up 11.2% year-over-year.
Homes are selling for 97.7% of their list price on average, suggesting room for negotiation. 14.4% of homes sell above their asking price. 30.0% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
62
Contributing Factors
How This Market Compares
vs. National Median
vs. Alabama Median
Investor takeaway
A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 43% below the national median on this sale snapshot — that can mean lower buy-in, but cash flow still depends on local rent, financing, and expenses.
Florence, AL market trends
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Detailed market metrics
Median list price
$270K
Price per sq ft
$148
Sale-to-list ratio
97.7%
Months of supply
3.3
Sold above list
14.4%
Price drops
30.0%
New listings
238
↑ 11.2% YoY
Pending sales
177
Off market in 2 weeks
36.7%
Florence, AL housing market FAQs
What is the median home price in Florence, AL?
For the latest published month, the median sale price in Florence, AL is $258K. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.
Is Florence, AL a buyer's or seller's market?
With about 3.3 months of supply, conditions often favor sellers (inventory is relatively tight versus sales pace). Buyers may need to move quickly and keep offers competitive.
How long do homes stay on the market in Florence, AL?
For the latest published month, the median days on market in Florence, AL is 34 days — half of homes went pending faster and half slower.
Is Florence, AL good for rental property investors?
Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Florence, AL can still work for rentals if the numbers work on a deal-by-deal basis — use local rent comps, financing, vacancy, and expenses in the rental property calculator.
How should investors analyze a rental property in Florence, AL?
Start with purchase price, financing, rent, vacancy, operating expenses, and capital repairs. Stress-test rates and rent. Will It Flow’s rental property calculator is built to translate those inputs into cash flow, DSCR, cap rate, and cash-on-cash return for Florence, AL deals.
Compare more Alabama metro markets
Explore nearby sale-market pace and pricing, then run a shortlist through the rental property calculator.
Birmingham, AL
$331K · 52d on market
Huntsville, AL
$340K · 61d on market
Daphne, AL
$398K · 64d on market
Montgomery, AL
$285K · 63d on market
Mobile, AL
$245K · 35d on market
Tuscaloosa, AL
$285K · 41d on market
Auburn, AL
$390K · 38d on market
Decatur, AL
$242K · 60d on market
National context
Step up to the U.S. housing market hub for national trends, then browse top metro markets by sales activity.
Underwrite a Florence, AL deal with real numbers
Use Will It Flow for cash flow, DSCR, cap rate, and cash-on-cash return — free and fast.
Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.