Market Overview
Home Prices in Florala, AL
The median home value in Florala, AL is $145,639 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.3% compared to a year ago and up 7.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Florala are priced64% below average.
Over the past five years, Florala home values have risen by approximately17.4%, reflecting steady appreciation in this market.
Price History
Florala Home Price Trend
2020
$106,682
$107K
—
2021
$124,019
$124K
+16.3%
2022
$143,892
$144K
+16.0%
2023
$136,913
$137K
-4.9%
2024
$136,186
$136K
-0.5%
2025
$146,033
$146K
+7.2%
2026
$145,639
$146K
-0.3%
City Comparison
Florala vs. National Median
🏠 Florala
$145,639
National Median
$410,000
At $145,639, homes in Florala cost 64% below the national median of $410,000. This makes Florala a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Florala?
20% Down Payment
$29,128
on $145,639
Monthly P&I
$760/mo
30-yr @ 6.8%
Total Monthly Est.
~$965/mo
incl. taxes & insurance
Income Needed
$38,600
gross annual (30% rule)
10% Down Option
$14,564
+ PMI applies
Loan Amount (20% dn)
$116,511
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Florala, AL?
The median home value in Florala is $145,639 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.3% year-over-year.
How much have home prices changed in Florala?
Over the past year, home values in Florala have decreased by 0.3%. Over five years, prices have risen approximately 17.4%.
How much do I need to earn to buy a home in Florala?
To comfortably afford the median home price of $145,639 with a 20% down payment ($29,128) at today's rates (6.8%), you'd need a gross annual income of approximately $38,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Florala compare to the national average home price?
The national median home value is approximately $410,000. At $145,639, homes in Florala are 64% below the national average.