Market Intelligence Report — AL-840

Fort Payne, AL

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-AL-08
As of the latest 2026 data
Very Weak

Median Listing

$300K
+0.3% YoY

Pending Ratio

0.22
-8.7% YoY

Active Inventory

254
+24.5% YoY

Median DOM

76 Days
-5.0% YoY

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The Fort Payne, AL residential market is currently experiencing very weak demand absorption, with a pending ratio of 0.22 indicating demand is severely lagging supply. This condition is underscored by a substantial 24.5% year-over-year increase in active listings.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Fort Payne market right now.

Supply expanded significantly over the past year, evidenced by a 24.5% year-over-year increase in active listings and a 46.2% rise in new listings. Concurrently, the pending ratio declined by 8.7% over the past year, falling to 0.22. Despite a modest 0.3% year-over-year increase in the median listing price, the median days on market decreased by 5.0%, suggesting some underlying transaction velocity. However, the overall picture points to substantial inventory growth outpacing demand.

Historical Analysis

Market Trends

Median Price

$300K-4.8% MoM

Active Inventory

254+24.5% YoY

Days on Market

76-5.0% YoY

Sold Score™

22-8.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

22
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio well below 0.25, inventory levels are high relative to demand, placing considerable pressure on pricing discipline. The expanded supply and weak demand absorption imply that properties generally remain on the market for an extended duration, necessitating strategic pricing from sellers to attract buyer interest. The current environment favors protracted negotiation periods.

Luxury Segment

Average listing prices increased by 13.1% year-over-year, while the median listing price saw only a 0.3% gain, suggesting some divergence at higher price points. However, without more granular data on price tiers or other luxury-specific metrics, a definitive signal for luxury segment softness is not clear in this dataset.

Supply Dynamics

254 active listings represent the current floor, with new supply arriving at roughly 76 per month.

Pricing Pressure
16.1%

of active listings carry a price reduction, -3.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.8% year-over-year.

Absorption
0.22

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Fort Payne, AL? Homes here are taking 4 days less to sell than last year.

Buyers have leverage in Fort Payne, AL. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
22%
Median Days on Market
76 days
Inventory YoY
+25%

In a buyer's market, strategy beats timing. See how your home scores in Fort Payne, AL and what moves the number.

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Metro Demographics

Metro Area
Fort Payne, AL
CBSA Code
22840
State
AL