Is Russellville, AL 35653 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Russellville is a buyer’s market. With about 8.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score32/ 100

More competitive than 29% of U.S. ZIP codes, and #121 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

Months of supply8.7Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list97%Sold price ÷ list price
Median days on market41Listing to accepted offer
Median price per sq ft$123▼ −6.6% vs. last year

The Russellville housing market right now

In the three months ending August 31, 2026, 20% of homes in Russellville, AL 35653 sold above their list price, the typical home went under contract in 41 days and there were 8.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (46 days then) and the median sale price fell 23% to $171,926. Overall, Russellville is more competitive than a year ago, so tougher for buyers.

Within Franklin County, homes here sell faster than in 50% 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, Russellville ranks #121 of 249 AL ZIP codes with enough sales (score 32 out of 100).

Nearby, buyers who want less competition could look at Vina 35593 (0% sold over asking) or Spruce Pine 35585 (0% sold over asking).

Nearby markets

Hodges 35571Buyer’s market $76 /sq ftPhil Campbell 35581Seller’s market $116 /sq ftRed Bay 35582Buyer’s market $64 /sq ftRussellville 35654Balanced $126 /sq ft Browse all markets →

Where Russellville is

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Questions about Russellville real estate

Is Russellville a buyer’s or seller’s market?

A buyer’s market: there were 8.7 months of supply in Russellville, AL 35653 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 Russellville?

The typical home went under contract in 41 days in the latest three months.

Do homes in Russellville sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.

What are property taxes in Russellville?

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 Russellville?

The median sale price was $171,926 in the three months ending August 31, 2026, about $123 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