35634
Florence, Alabama

Florence ZIP 35634 shows a median sale price of $350,900 as of February 2026, representing a substantial 21.0% year-over-year increase that outpaces most regional benchmarks. Homes are moving at a moderate pace with 52 days on market, while only 11% of properties sell above list price—a relatively low premium rate despite strong price appreciation. This combination of sharp price growth and limited bidding wars suggests a market transitioning away from peak seller dominance.

The current conditions favor sellers with existing equity who can capitalize on the 21.0% annual gain, though the 52-day market time means realistic pricing remains essential. Buyers face headwinds from appreciation velocity but benefit from the fact that 89% of homes sell at or below list, creating room for negotiation. Investors should approach cautiously given the PropIQ score of 65, which signals potential overheating after sustained price increases without corresponding bidding intensity.

The 65 PropIQ rating indicates elevated risk of price correction or stagnation after this expansion cycle. Watch for days on market to extend beyond 60 and the above-list percentage to fall below 10%, both of which would confirm momentum loss. The disconnect between 21.0% appreciation and weak bidding competition suggests recent gains may not sustain through 2026 without fundamental demand catalysts emerging in Florence's employment or population base.