Is Fayette, AL 35555 a buyer’s or seller’s market?
Fayette is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 3% of U.S. ZIP codes, and #234 of 249 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Fayette housing market right now
In the three months ending August 31, 2026, 0% of homes in Fayette, AL 35555 sold above their list price, the typical home went under contract in 58 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 21 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 23%, homes sold more slowly (47 days then) and the median sale price rose 4% to $162,630. Overall, Fayette is less competitive than a year ago, which gives buyers more room.
On our competition score, Fayette ranks #234 of 249 AL ZIP codes with enough sales (score 9 out of 100).
Nearby, Carbon Hill 35549 (33% sold over asking) and Winfield 35594 (24% sold over asking) are even more competitive.
Run the numbers for 35555
Nearby markets
Bankston 35542Buyer’s market $243 /sq ftBelk 35545 — /sq ftCarbon Hill 35549Buyer’s market $118 /sq ftEldridge 35554 — /sq ft Browse all markets →Towns like Fayette nearby
Find towns like Fayette in other states →Where Fayette is
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Questions about Fayette real estate
Is Fayette a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Fayette, AL 35555 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Fayette?
The typical home went under contract in 58 days in the latest three months.
Do homes in Fayette sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.2% of the list price.
What are property taxes in Fayette?
About 0.28% of a home’s value a year in Fayette County, or roughly $1,120 on a $400,000 home.
What is the median home price in Fayette?
The median sale price was $162,630 in the three months ending August 31, 2026, about $74 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology