Fort Payne, AL metro area Housing Market
Cold MarketComprehensive housing market data for the Fort Payne, AL metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$224K
↓ 4.8% YoY
Days on Market
88 days
↑ 10.0% YoY
Active Inventory
230
↑ 26.4% YoY
Homes Sold
43
↑ 13.2% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Fort Payne, AL metro area Market Summary
The Fort Payne, AL metro area housing market is cooling down. As of March 2026, the median home sale price is $224K, down 4.8% year-over-year. Homes are spending a median of 88 days on the market, 10.0% longer than a year ago.
There are 230 homes for sale — 26.4% more than last year. With 5.3 months of supply, this is a balanced market. 71 new listings were added during this period, up 18.3% year-over-year.
Homes are selling for 95.8% of their list price on average, suggesting room for negotiation. 16.3% of homes sell above their asking price. 23.0% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
81
Contributing Factors
How This Market Compares
vs. National Median
vs. Alabama Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 49% below the national median, which could indicate stronger cash flow potential.
Fort Payne, AL metro area Market Trends
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Detailed Market Metrics
Median List Price
$250K
Price per Sq Ft
$149
Sale-to-List Ratio
95.8%
Months of Supply
5.3
Sold Above List
16.3%
Price Drops
23.0%
New Listings
71
↑ 18.3% YoY
Pending Sales
72
Off Market in 2 Weeks
26.4%
Other Markets in Alabama
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.