The story of this market
The typical home in Florala, Alabama sells for about $189,900, or $97 per square foot.
Prices are down 10.6% from a year ago, which gives buyers more room to negotiate. Homes take about 4 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $706 a month.
Monthly price momentum
Home values since 2015
+1.9%
AL · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Florala, Alabama
The Florala housing market is currently experiencing a period of low volume and price volatility, with a median sale price of $189,900 reflecting a year-over-year decline. The market is characterized by very low inventory and rapid turnover for the few homes that do list, though the broader economic indicators suggest a stable, slow-growth environment. Data gaps exist regarding specific municipal tax rates and detailed school performance metrics, which should be verified locally.
No ARED county foreclosure postings attributed to Florala yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved sideways 0.0% year over year.
Awaiting this reading — not graded.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 16.5% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A prominent local lake offering water-based recreation, fishing, and picnic areas, serving as a primary outdoor attraction for residents.
Florala is best suited for retirees or individuals seeking a low-cost, quiet, small-town lifestyle in rural Alabama. It is less attractive to commuters or high-growth investors due to the limited local job market and significant travel times to larger employment hubs.
Public education in Florala is served by the Covington County School District, which manages local facilities. The area's educational attainment levels are generally lower than state averages, with a significant portion of the adult population holding a high school diploma or equivalent.
Transportation is almost entirely dependent on private vehicles, with the majority of the workforce driving alone to work. There is no public transit infrastructure, and commute times are significant for those traveling outside the immediate vicinity.
Florala is home to Lake Jackson, a notable natural amenity that provides opportunities for fishing, boating, and outdoor recreation. The city's park system and proximity to rural landscapes offer a quiet, amenity-light environment focused on local community life.
The rental market in Florala is characterized by a mix of single-family homes and mobile housing, with a vacancy rate that reflects the small, rural nature of the town. Rental demand is steady but limited, with most inventory serving long-term residents rather than short-term visitors.
The local economy is driven by small businesses in retail, healthcare, and social assistance, with a workforce that largely resides and works within the immediate area. Economic growth is constrained by the town's small size and rural location.
Economic momentum in Florala is modest, with a local economy anchored by small-scale retail, service, and healthcare sectors. Development activity is currently limited, and the city's population has remained relatively stable with minor fluctuations over the last decade.
There are no major large-scale commercial or residential developments currently under construction or approved in the city.
Parcels in Florala are subject to standard county and state tax levies, with no significant special utility or improvement districts reported.
Florala is located in a region susceptible to severe weather, including tropical storms and hurricanes moving inland from the Gulf of Mexico. Property insurance markets in southern Alabama are sensitive to these wind and flood risks, which can influence premium costs and coverage availability.
Property insurance premiums in the area are influenced by regional exposure to wind and storm damage, typical of southern Alabama's climate profile.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Alabama) — Current Use Valuation: Allows property to be taxed based on its current use value rather than fair market value, potentially reducing the tax burden. Conversion to a non-qualified use triggers revaluation and potential back-tax liability. State (Alabama) — Class III Residential Property Tax Assessment: Property is assessed at 10% of its fair market value. The tax liability is calculated by multiplying the assessed value by the local millage rate. A standard homestead exemption applies to the 6.5 mill statewide property tax on the first $4,000 of assessed valuation. State (Alabama) — Class 3 Residential Property Tax Assessment: Residential property is classified as Class 3 and assessed at 10 percent of its fair market value. A standard homestead exemption applies to the 6.5 mill statewide property tax on the first $4,000 of assessed valuation. State (Alabama) — Standard State Ad Valorem Homestead Exemption: Exempts up to $4,000 in assessed valuation from the 6.5 mill state ad valorem tax levy (providing a maximum direct state tax reduction of $26.00). Formula: Adjusted State Tax = Max(0, (Assessed Value - $4,000)) × 0.0065. State (Alabama) — Statewide Ad Valorem Property Tax and Class III Residential Assessment Ratio: Establishes a baseline 6.5 statewide millage rate ($0.0065 per dollar of assessed value) under Ala.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical -0.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from Census Reporter and Alabama Demographics by Cubit.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.