35661
Florence, Alabama
Florence 35661 is stable.
The 35661 ZIP code in Florence, Alabama has a median sale price of $292K, up +12.5% year-over-year. Homes spend an average of 60 days on market, with 9% of homes selling above list price.
Folio's PropIQ™ score of 65 signals Caution conditions. This market is holding steady. Monitor inventory shifts before committing.
The Florence 35661 market shows moderate acceleration with a median sale price of $292,450, up 12.5% year-over-year as of February 2026. Homes are moving at a measured pace, averaging 60 days on market, while only 9% of properties sell above asking price. This combination indicates steady appreciation without the bidding war dynamics seen in overheated markets, suggesting demand is present but not overwhelming supply in this price range.
Buyers gain negotiating leverage in this environment, with 91% of homes selling at or below list price and a two-month absorption window providing time for due diligence. Sellers with properly priced homes near the $292,450 median can still capture double-digit annual gains, though the 60-day timeline requires realistic expectations rather than quick-flip strategies. Primary residence buyers benefit most, as the 12.5% appreciation supports equity building without the premium costs associated with competitive offer situations.
The PropIQ score of 65 signals caution ahead, suggesting the current 12.5% appreciation rate may not sustain through 2026. Price growth could decelerate as affordability constraints emerge at higher price points, potentially extending days on market beyond the current 60-day average. Monitor the percentage of above-list sales and total inventory levels monthly; if the 9% figure drops below 5% while DOM exceeds 75 days, expect price corrections within two quarters.
What is the median home price in 35661 Florence?
The median sale price in 35661 is $292K, up +12.5% year-over-year as of 2026-02-28.
How long do homes stay on the market in Florence 35661?
Homes in 35661 Florence spend an average of 60 days on market before going under contract.
Is Florence 35661 a good place to invest in real estate?
Folio's PropIQ™ score for 35661 is 65/100 — a Caution signal. 9% of homes sold above asking.
What does a PropIQ™ score of 65 mean for 35661?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 65 = Caution in 35661 Florence, Alabama.