35674
Florence, Alabama
Florence 35674 needs watching.
The 35674 ZIP code in Florence, Alabama has a median sale price of $230K, down -4.2% year-over-year. Homes spend an average of 74 days on market, with 17% of homes selling above list price.
Folio's PropIQ™ score of 56 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 35674.
The 35674 ZIP code reports a median sale price of $230,000 as of February 2026, representing a 4.2% year-over-year decline that signals weakening demand in this Florence submarket. Properties are spending 74 days on market, well above the fast-market threshold of 30 days and indicating reduced buyer urgency. Only 17% of homes are capturing above-list offers, confirming the shift from last year's competitive dynamics to a more deliberate transaction environment.
This price correction creates entry points for first-time buyers and investors willing to absorb near-term depreciation risk for long-term positioning. Sellers with equity cushions and flexible timelines can still transact at $230,000, but those requiring quick exits face meaningful concessions. The 74-day absorption period favors buyers who can negotiate inspections, repairs, and closing cost credits that were unavailable during tighter inventory conditions.
The PropIQ score of 56/100 suggests continued price pressure through mid-2026, with stabilization dependent on inventory levels and local employment data. The 4.2% decline may accelerate if days-on-market extends beyond 80 or if the above-list percentage drops below 15%. Buyers should monitor monthly absorption rates, while sellers must decide whether to list into softening conditions or wait for demand signals that justify current valuations.
What is the median home price in 35674 Florence?
The median sale price in 35674 is $230K, down -4.2% year-over-year as of 2026-02-28.
How long do homes stay on the market in Florence 35674?
Homes in 35674 Florence spend an average of 74 days on market before going under contract.
Is Florence 35674 a good place to invest in real estate?
Folio's PropIQ™ score for 35674 is 56/100 — a Caution signal. 17% of homes sold above asking.
What does a PropIQ™ score of 56 mean for 35674?
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 56 = Caution in 35674 Florence, Alabama.