Florala, AL—36442
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Florala, AL
Florala, AL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $142,000 | 6.3% |
| Single Family | $142,000 | 5.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Florala, AL
Florala, AL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Florala, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Florala, AL is 56. This is a increase of 36.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $206,000 | -9.0% |
Listing Count | 26 | 12.0% |
| Listings as % of Homes | 0.6% | 12.0% |
Days on Market | 56 | 36.0% |
Demographics — Florala, AL
As of the latest ACS Survey released in 2023, Florala, AL has a population of 3,620, which has increased by 21.1% over the past 5 years. Florala, AL is a moderately popular place for families, as children make up 20.8% of the population. The area has a poorly educated workforce, with 10.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,620 | 21.1% |
% Under 18 | 20.8% | 14.9% |
% Seniors | 19.6% | -28.2% |
% WFH | 0.4% | -42.9% |
% w/ College Degree | 10.9% | 29.8% |
As of the latest ACS Survey released in 2023, Florala, AL is a predominantly white area, with 82.8% of the population identifying as white. The white population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Florala, AL is black, making up 11.1% of the population. Foreign-born residents account for 1.5% of the population in Florala, AL, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 82.8% | -6.3% |
% Black | 11.1% | 22.0% |
% Hispanic | 2.0% | 33.3% |
% Asian | 1.2% | 71.4% |
% Foreign Born | 1.5% | 0.0% |
Mortgage and Risk — Florala, AL
According to HUD data as of 2023, there were 34 mortgage originations in Florala, AL, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Florala, AL. Investor activity is low, as 6.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 34 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Florala, AL
Florala, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 100 |
Total Units Section 8 | 44 |
% Rentals under Section 8 | 12.1% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $670 |
| 2 Bedroom | N/A | N/A | $820 |
| 3 Bedroom | N/A | N/A | $1,100 |
| 4 Bedroom | N/A | N/A | $1,320 |
Affordability — Florala, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $142,000 |
| Median Household Income | $50,500 |