Florence, AL 35631 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Florence, AL — 35631
Median Listing Price
$50K
Population
--
Households
39,258
Median Days on Market
359
Active Listings
0
New Listings
0
Housing Market
Pricing
Median Listing Price
$50K
-78.7% YoY
Average Listing Price
$50K
-78.7% YoY
Price per Sq Ft
$45
-82.8% YoY
Median Sq Ft
1,100
+5.5% YoY
Inventory
Active Listings
0
-100.0% YoY
New Listings
0
-- YoY
Total Listings
0
-100.0% YoY
Buyer Competition
Pending Listings
--
-- YoY
Pending Ratio
--
-- YoY
Median Days on Market
359
+203.0% YoY
Price Reduced
--
-- YoY
Units & Occupancy
2024 Occupancy
45K
units
Occupied
39,258
87.4%
Vacant
5,678
12.6%
2024 Tenure
39K
occupied
Owner
27,047
68.9%
Renter
12,211
31.1%
Renter Share
31.1%
-3.3% YoY
Total Housing Units
44,936
+0.3% YoY
FY2026 Fair Market Rent — Lauderdale County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$698
/month
1 BR
$775
/month
2 BR
$1,000
/month
3 BR
$1,242
/month
4 BR
$1,409
/month
FMR Trends — Lauderdale County
Source: HUD Fair Market Rents
County Demographics
Median Age
40.8
2024
Population
Lauderdale County Population
97,502
+0.7% YoY
Households
Total Households
39,258
+1.2% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.36
-0.8% YoY
Age
2024 Age Mix
96K
residents
Under 18
18,584
19.4%
Adults 18–64
57,601
60.1%
65 & Over
19,645
20.5%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
18,584
+0.2% YoY
Population 65 & Over
19,645
+2.5% YoY
Median Age
40.80
+0.2% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
85.4%
Moved (within US)
14.4%
Other
0.2%
Veterans
6.6%
-8.3% YoY
County Economy
Income
Median Household Income
$63K
+6.0% YoY
Per-Capita Income
$36K
+7.1% YoY
Mean Household Income
$84K
+7.2% YoY
Poverty
Below Poverty Level
12.2%
-10.3% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
79.2%
Public transit
0.0%
Worked from home
7.8%
Other
13.0%
Worked From Home
7.8%
+21.9% YoY
Mean Commute
25.90
-3.0% YoY
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