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Featured local agent — Locust Fork, AL
Sarah Mitchell
Compass Real Estate · Locust Fork, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Locust Fork, AL Housing Market
The typical home in Locust Fork, AL is worth $231,210, rose 0.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $233,500, -19.5% year over year (through May 2026). With homes going under contract in about 50 days, Locust Fork is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $231,210 home is about $1,234/mo in principal and interest.
Key numbers for Locust Fork, AL
Typical home value
$231,210
+0.5% in 12 months
Zillow, August 2026
Median sale price
$233,500
-19.5% year over year
Redfin, through April 2026
Days on market
50
Average pace
Redfin, through April 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$42,045
Home costs 5.5x income
U.S. Census ACS, 2023
Sale-to-list ratio
89.5%
Selling below asking
Redfin, through April 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Locust Fork a buyer's or seller's market?
Locust Fork, AL is a leaning buyer's and homes selling in about 50 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Locust Fork housing market data show?
Every row below is Redfin's final published month for Locust Fork, AL. Redfin, through April 2026
| Metric | Value |
|---|---|
| Median sale price | $233,500 |
| Year-over-year price change | -19.5% |
| Median price per sq ft | $154/sq ft |
| Median days on market | 50 days |
| Sale-to-list price ratio | 89.5% |
| Homes sold (that month) | 5 |
| Market condition | Leaning buyer's |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Locust Fork is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Locust Fork is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Locust Fork home prices moved?
Across the 35 months we hold for Locust Fork, AL, the median sale price rose 18.5%, from $197,000 in April 2021 to $233,500. The live Zillow value series has rose 0.5% in the last 12 months, which is the more current read now that Redfin's series has stopped.
Redfin, through April 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Locust Fork?
Priced off the typical home value of $231,210 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $46,242 | $184,968 | $1,234/mo |
| 5% | $11,561 | $219,650 | $1,466/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,234, that implies roughly $52,900 a year before you add taxes and insurance. The median household in Locust Fork earns $42,045, about $10,855 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.5x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Locust Fork in the next 12 months?
Tell us your timeline. We send the Locust Fork market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Locust Fork?
Zillow does not publish a rent index (ZORI) for Locust Fork, AL, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Locust Fork?
Active listings in Locust Fork, AL went from 1 in November 2023 to 1 in December 2025, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| April 2024 | 1 | not published |
| May 2024 | 1 | 1 |
| November 2024 | 3 | not published |
| December 2024 | 2 | not published |
| January 2025 | 1 | not published |
| March 2025 | 4 | 3 |
| April 2025 | 6 | 3 |
| May 2025 | 5 | 1 |
| June 2025 | 3 | not published |
| July 2025 | 3 | 1 |
| August 2025 | 1 | not published |
| December 2025 | 1 | not published |
Redfin, through December 2025
How does Locust Fork compare to Alabama and the U.S.?
Locust Fork homes sell for $233,500 — 25% below the Alabama median of $312,600. Against the national median of $410,700, Locust Fork runs 43% lower. Year-over-year, Locust Fork moved -19.5% against Alabama's +7.2% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Locust Fork, AL | $233,500 | -19.5% | 50 days |
| Alabama statewide | $312,600 | +7.2% | 57 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through April 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Locust Fork
What buyers should watch
- The gap between 5% and 20% down here is $231 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $231,210 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Locust Fork listing goes under contract in 50 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 89.5% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Your equity moved +0.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Locust Fork varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Locust Fork
Explore homes currently listed for sale in Locust Fork, Alabama across major real estate platforms.
How much do homes cost in Locust Fork by property type?
How the Locust Fork, AL market breaks down across single-family homes, condos and townhouses. Redfin, through April 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $233,500 | $154/sq ft | 5 | 50 days |
Who lives in Locust Fork?
American Community Survey estimates for Locust Fork. U.S. Census ACS, 2023
Population
1,312
Households
506
Median income
$42,045/yr
Median age
47.3 years
Owner-occupied
80.4%
Median home value
$169,600
Median gross rent
$1,054/mo
Mean commute
33.1 min
80.4% of occupied homes in Locust Fork are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $169,600 against Zillow's $231,210 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Locust Fork?
2 schools tracked · 954 students
The largest public schools serving Locust Fork, 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.
Locust Fork Elementary
Grades PK-6 · 539 students
Locust Fork High School
Grades 7-12 · 415 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 Locust Fork, AL?
Ordered by distance from Locust Fork, not by size. Compare Locust Fork side by side with any of them.
Locust Fork housing market FAQ
Is Locust Fork a buyer's or seller's market?
Locust Fork, AL is currently a leaning buyer's based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in Locust Fork?
The typical home in Locust Fork, AL is worth $231,210 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $233,500, about $154 per square foot.
Is Locust Fork cheaper than the rest of Alabama?
Locust Fork's median sale price of $233,500 is 25% lower than the Alabama statewide median of $312,600, and 43% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Locust Fork?
Homes in Locust Fork, AL spent a median of 50 days on market before going under contract, versus 57 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Locust Fork?
At the current 30-year fixed rate of 7.03%, 20% down on a $231,210 home is about $1,234 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $52,900 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $42,045.
Are home prices rising in Locust Fork?
The typical home value in Locust Fork, AL rose 0.5% over the last 12 months, from $230,058 to $231,210 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Locust Fork?
Locust Fork ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Locust Fork?
That depends on your timeline, not on a headline. What the data says today: Locust Fork, AL is a leaning buyer's, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $231,210, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.