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Featured local agent — Falkville, AL
Sarah Mitchell
Compass Real Estate · Falkville, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Falkville, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$197,000median sale price
How is the Falkville, AL housing market right now?
The median home sale price in Falkville, AL is $197,000. Homes sell in an average of 40 days with 3 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Falkville a buyer's or seller's market?
Falkville, AL is currently a seller's market, based on 3.0 months of supply and homes selling in about 40 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
40
Average pace
Active listings
3
3.0 months supply
Sale-to-list
103.7%
Above asking
What does the Falkville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $197,000 |
| Median list price | $194,950 |
| Average days on market | 40 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 103.7% |
| Median price per sq ft | $141/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Falkville by property type?
How the Falkville, AL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $197,000 | $141/sq ft | 1 | 40 days |
Source: Redfin · Updated monthly
The Falkville housing market is currently classified as a seller's market with a median sale price of $197,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 40 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.8x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Falkville
There are currently 3 homes listed for sale in Falkville, Alabama. The median listing price is $195K.
Active listings
3
Homes on market
Median list price
$195K
Avg. days on market
40
Days until sale
New this week
2
Newly listed
Who lives in Falkville?
Population
1,464
Median income
$43,145/yr
Median age
56 years
Owner-occupied
79.5%
College grads
6.4%
Avg commute
21.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Falkville?
Zillow home value
$208,579
Price-to-income
4.8x
Source: Zillow Research
What is it like to live in Falkville?
Falkville is a community of approximately 1K residents with a median age of 56 years.The median household income is $43,145, which represents a working-class community with solid middle-income opportunities. 6.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 79.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Falkville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Falkville?
2 schools tracked · 808 students
The largest public schools serving Falkville, AL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Falkville High School
Grades 6-12 · 429 students
Falkville Elementary School
Grades PK-5 · 379 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Falkville, AL?
Want a head-to-head view? Compare Falkville side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Falkville?
The median home sale price in Falkville is $197,000, down 0.0% from last year.
How long do homes stay on market in Falkville?
Homes typically spend 40 days on market before going under contract.
What is the median income in Falkville?
The median household income is $43,145 per year.
Is Falkville a buyer's or seller's market?
With 3.0 months of supply, Falkville is currently a seller's market.
What is the Zillow home value estimate for Falkville?
The Zillow Home Value Index (ZHVI) for Falkville is $208,579, representing the typical home value in the area.
How much does a single-family home cost in Falkville?
The median single-family home price in Falkville, AL is $197,000 (about $141 per square foot).
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