Is Falkville, AL 35622 a buyer’s or seller’s market?
Falkville is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Falkville housing market right now
In the three months ending August 31, 2026, 20% of homes in Falkville, AL 35622 sold above their list price, the typical home went under contract in 81 days and there were 4.2 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 10 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 22%, homes sold faster (89 days then) and the median sale price fell 35% to $152,434. Overall, Falkville is about as competitive as it was a year ago.
Within Morgan County, homes here sell more slowly, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Valhermoso Springs 35775 (0% sold over asking) or Eva 35621 (0% sold over asking).
Run the numbers for 35622
Nearby markets
Decatur 35601Seller’s market $134 /sq ftDecatur 35603Balanced $151 /sq ftEva 35621Seller’s market $157 /sq ftHartselle 35640Seller’s market $151 /sq ft Browse all markets →Towns like Falkville nearby
Find towns like Falkville in other states →Where Falkville is
Loading map…
Questions about Falkville real estate
Is Falkville a buyer’s or seller’s market?
A balanced market: there were 4.2 months of supply in Falkville, AL 35622 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 Falkville?
The typical home went under contract in 81 days in the latest three months.
Do homes in Falkville sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 105.2% of the list price.
What are property taxes in Falkville?
About 0.34% of a home’s value a year in Morgan County, or roughly $1,360 on a $400,000 home.
What is the median home price in Falkville?
The median sale price was $152,434 in the three months ending August 31, 2026, about $102 per square foot.
Local agents
See all agents in 35622 →No sponsored agents in 35622 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 35622
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology