35646
Florence, Alabama

ZIP code 35646 in Florence, AL recorded a median sale price of $180,000 as of February 2026, representing an extraordinary 63.6% year-over-year increase that significantly outpaces regional and national averages. Homes are moving in 54 days on average, indicating moderate absorption despite the sharp price acceleration. Notably, 22% of transactions closed above asking price, suggesting competitive bidding persists even at elevated price points, though this represents less than one-quarter of sales.

This market currently favors sellers who purchased before the recent appreciation cycle, as the 63.6% annual gain creates substantial equity extraction opportunities. The 54-day marketing period allows adequate time for pricing optimization without extended carrying costs. However, the 78% of homes selling at or below list price indicates that buyers maintain negotiating leverage outside the top-performing segments, benefiting purchasers willing to avoid bidding wars on premium inventory.

The PropIQ score of 70 signals neutral conditions with monitoring advisories, suggesting the 63.6% price surge may be approaching unsustainable territory. Markets experiencing acceleration above 60% annually typically face correction pressure or dramatic slowdowns within 6-12 months. The moderate days-on-market figure and sub-25% above-ask ratio indicate demand has not kept pace with price growth, warranting close observation of absorption rates and inventory levels through Q2 2026.