Is Fort Payne, AL 35968 a buyer’s or seller’s market?

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

Fort Payne 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.

Months of supply8.7Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list94%Sold price ÷ list price
Median days on market68Listing to accepted offer
Median price per sq ft$152▲ +3.0% vs. last year

The Fort Payne housing market right now

In the three months ending August 31, 2026, 14% of homes in Fort Payne, AL 35968 sold above their list price, the typical home went under contract in 68 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. With only 7 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 (14% then), homes sold more slowly (44 days then) and the median sale price rose 7% to $237,897. Overall, Fort Payne is less competitive than a year ago, which gives buyers more room.

Within DeKalb County, homes here sell more slowly than in 58% of the county’s ZIP codes, and sell more often over asking than in 77%.

Nearby, buyers who want less competition could look at Valley Head 35989 (0% sold over asking) or Sylvania 35988 (0% sold over asking), while Higdon 35979 (50% sold over asking) and Fort Payne 35967 (20% sold over asking) are even more competitive.

Nearby markets

Collinsville 35961Seller’s market $182 /sq ftCrossville 35962Buyer’s market $164 /sq ftDawson 35963Buyer’s market $167 /sq ftFort Payne 35967Buyer’s market $163 /sq ft Browse all markets →

Where Fort Payne is

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Questions about Fort Payne real estate

Is Fort Payne a buyer’s or seller’s market?

A buyer’s market: there were 8.7 months of supply in Fort Payne, AL 35968 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 Fort Payne?

The typical home went under contract in 68 days in the latest three months.

Do homes in Fort Payne sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 94.0% of the list price.

What are property taxes in Fort Payne?

About 0.32% of a home’s value a year in DeKalb County, or roughly $1,280 on a $400,000 home.

What is the median home price in Fort Payne?

The median sale price was $237,897 in the three months ending August 31, 2026, about $152 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