Is Phil Campbell, AL 35581 a buyer’s or seller’s market?
Phil Campbell is a seller’s market. With about 3.5 months of supply and 18% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Phil Campbell housing market right now
In the three months ending August 31, 2026, 18% of homes in Phil Campbell, AL 35581 sold above their list price, the typical home went under contract in 27 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold faster (81 days then) and the median sale price rose 2% to $173,925. Overall, Phil Campbell is more competitive than a year ago, so tougher for buyers.
Within Franklin County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 67%.
Nearby, buyers who want less competition could look at Vina 35593 (0% sold over asking) or Spruce Pine 35585 (0% sold over asking).
Run the numbers for 35581
Nearby markets
Hodges 35571Buyer’s market $76 /sq ftRed Bay 35582Buyer’s market $64 /sq ftRussellville 35653Buyer’s market $123 /sq ftRussellville 35654Balanced $126 /sq ft Browse all markets →Towns like Phil Campbell nearby
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Questions about Phil Campbell real estate
Is Phil Campbell a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Phil Campbell, AL 35581 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 Phil Campbell?
The typical home went under contract in 27 days in the latest three months.
Do homes in Phil Campbell sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.
What are property taxes in Phil Campbell?
About 0.32% of a home’s value a year in Franklin County, or roughly $1,280 on a $400,000 home.
What is the median home price in Phil Campbell?
The median sale price was $173,925 in the three months ending August 31, 2026, about $116 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