Is Florence, AL 35633 a buyer’s or seller’s market?
Florence is a seller’s market. With about 3.9 months of supply and 22% 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.
More competitive than 58% of U.S. ZIP codes, and #24 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 Florence housing market right now
In the three months ending August 31, 2026, 22% of homes in Florence, AL 35633 sold above their list price, the typical home went under contract in 20 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 75 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold faster (30 days then) and the median sale price fell 4% to $269,783. Overall, Florence is more competitive than a year ago, so tougher for buyers.
Within Lauderdale County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Florence ranks #24 of 249 AL ZIP codes with enough sales (score 56 out of 100).
Nearby, buyers who want less competition could look at Waterloo 35677 (0% sold over asking) or Anderson 35610 (0% sold over asking).
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Nearby markets
Anderson 35610Buyer’s market $150 /sq ftFlorence 35630Balanced $132 /sq ftFlorence 35634Balanced $150 /sq ftKillen 35645Balanced $167 /sq ft Browse all markets →Towns like Florence nearby
Find towns like Florence in other states →Where Florence is
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Questions about Florence real estate
Is Florence a buyer’s or seller’s market?
A seller’s market: there were 3.9 months of supply in Florence, AL 35633 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 Florence?
The typical home went under contract in 20 days in the latest three months.
Do homes in Florence sell over asking?
22% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.
What are property taxes in Florence?
About 0.38% of a home’s value a year in Lauderdale County, or roughly $1,520 on a $400,000 home.
What is the median home price in Florence?
The median sale price was $269,783 in the three months ending August 31, 2026, about $144 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