Is Florala, AL 36442 a buyer’s or seller’s market?

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

Florala is a buyer’s market. With about 7.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.1Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100.2%Sold price ÷ list price
Median days on market63Listing to accepted offer
Median price per sq ft$129▲ +3.3% vs. last year

The Florala housing market right now

In the three months ending August 31, 2026, 0% of homes in Florala, AL 36442 sold above their list price, the typical home went under contract in 63 days and there were 7.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 9 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 (68 days then) and the median sale price rose 3% to $189,818. Overall, Florala is about as competitive as it was a year ago.

Within Covington County, homes here sell faster than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Andalusia 36421 (7% sold over asking) and Opp 36467 (7% sold over asking) are even more competitive.

Nearby markets

Andalusia 36420Balanced $110 /sq ftAndalusia 36421Balanced $163 /sq ftDozier 36028Buyer’s market $235 /sq ftOpp 36467Balanced $89 /sq ft Browse all markets →

Where Florala is

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Questions about Florala real estate

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

A buyer’s market: there were 7.1 months of supply in Florala, AL 36442 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 Florala?

The typical home went under contract in 63 days in the latest three months.

Do homes in Florala sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.2% of the list price.

What are property taxes in Florala?

About 0.26% of a home’s value a year in Covington County, or roughly $1,040 on a $400,000 home.

What is the median home price in Florala?

The median sale price was $189,818 in the three months ending August 31, 2026, about $129 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