Is Flat Rock, AL 35966 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Flat Rock is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.3Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.5%Sold price ÷ list price
Median days on market35Listing to accepted offer
Median price per sq ft$192▲ +74.6% vs. last year

The Flat Rock housing market right now

In the three months ending August 31, 2026, 0% of homes in Flat Rock, AL 35966 sold above their list price, the typical home went under contract in 35 days and there were 4.3 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. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (91 days then) and the median sale price rose 71% to $319,862. Overall, Flat Rock is more competitive than a year ago, so tougher for buyers.

Within Jackson County, homes here sell faster than in 86% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Princeton 35766 (100% sold over asking) and Pisgah 35765 (33% sold over asking) are even more competitive.

Nearby markets

Bridgeport 35740Buyer’s market $134 /sq ftBryant 35958Buyer’s market $292 /sq ftDutton 35744Balanced $99 /sq ftEstillfork 35745Seller’s market $330 /sq ft Browse all markets →

Where Flat Rock is

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Questions about Flat Rock real estate

Is Flat Rock a buyer’s or seller’s market?

A balanced market: there were 4.3 months of supply in Flat Rock, AL 35966 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 Flat Rock?

The typical home went under contract in 35 days in the latest three months.

Do homes in Flat Rock sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.5% of the list price.

What are property taxes in Flat Rock?

About 0.30% of a home’s value a year in Jackson County, or roughly $1,200 on a $400,000 home.

What is the median home price in Flat Rock?

The median sale price was $319,862 in the three months ending August 31, 2026, about $192 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