Is Florence, AL 35634 a buyer’s or seller’s market?

The Florence housing market right now

In the three months ending August 31, 2026, 17% of homes in Florence, AL 35634 sold above their list price, the typical home went under contract in 16 days and there were 4.4 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 37 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold faster (23 days then) and the median sale price fell 4% to $302,369. Overall, Florence is more competitive than a year ago, so tougher for buyers.

Within Lauderdale County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 86%. On our competition score, Florence ranks #51 of 249 AL ZIP codes with enough sales (score 46 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), while Florence 35633 (22% sold over asking) is even more competitive.