Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$215,246+2.9% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 24% have cut their price
Income needed to buy, per year$46,661About 0.7× the local median income ($65,539): affordable for a typical household
Days on market73 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.7%Zillow expects prices to rise slightly
The typical home in Florence-Muscle Shoals, AL is worth $215,246, up 2.9% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $208,670, so the area is 3.2% overvalued. It is a buyer's market: homes take about 73 days to sell, listings are up 24% from a year ago, 24% of listings have had a price cut. Zillow expects prices to rise about 1.7% over the next year. A household needs about $46,661 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $65,539. Typical rent is $1,073 a month, or $1,474 for a house. In the latest IRS figures, 809 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$215,246
Change in 1 year
+2.9%
Overvalued %
+3.2%
Show 7 more
Fair home value
$208,670
Change in 5 years
+24.4%
Zillow forecast, next 12 months
+1.7%
Home value to income
3.3×
Monthly mortgage payment (20% down)
$1,167
Income needed to afford it
$46,661
Property tax rate
0.39%
Rent and investing
Typical rent
$1,073
Typical rent for houses
$1,474
Price-to-rent ratio
16.7×
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HUD Fair Market Rent, 2 bedrooms
$1,085
Gross rental yield
5.98%
Cap rate (estimate)
3.89%
Market activity
Listings vs a year ago
+23.9%
Days on market
73
Listings with a price cut
23.8%
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Homes for sale
784
Pending sales per 100 listings
23
Asking price per sq ft
$155
People and jobs
Median household income
$65,539
Population change (1 year)
+0.2%
Unemployment rate
3.7%
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Population
156,609
Income adjusted for cost of living
$77,287
Net moves in (IRS)
+809
Cost of living (US = 100)
84.8
Schools, risk and environment
School rating (1 to 10)
6.3
FEMA hazard risk score (0 to 100)
83.7
Unhealthy air days a year
0
Show 4 more
Flood risk score
81.3
Wildfire risk score
25.5
Walkability (1 to 20)
6.2
Road, rail and air noise
53 dB
Questions people ask
Is Florence-Muscle Shoals, AL overvalued?
Home prices in Florence-Muscle Shoals, AL are slightly above what local incomes have historically supported: fair value is about $208,670, so the area is 3.2% overvalued.
Is Florence-Muscle Shoals, AL a buyer's or seller's market?
Florence-Muscle Shoals, AL is a buyer's market: homes take about 73 days to sell, listings are up 24% from a year ago, 24% of listings have had a price cut.
Are home prices going down in Florence-Muscle Shoals, AL?
Home values in Florence-Muscle Shoals, AL are up 2.9% over the last year. Zillow's forecast for the next 12 months is +1.7%.
How much do you need to earn to buy a home in Florence-Muscle Shoals, AL?
A household needs about $46,661 a year to afford the typical home in Florence-Muscle Shoals, AL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $65,539.