The Fort Payne housing market is not very competitive. The median sale price of a home in Fort Payne was $173K last month, down 17.0% since last year. The median sale price per square foot in Fort Payne is $143, up 10.0% since last year.
What is the housing market like in Fort Payne today?
In October 2024, Fort Payne home prices were down 17.0% compared to last year, selling for a median price of $173K. On average, homes in Fort Payne sell after 24 days on the market compared to 95 days last year. There were 3 homes sold in October this year, down from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$173,000
-17.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Fort Payne, AL
$173,000
-17.0%
United States
To compare other locations to the Fort Payne and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Fort Payne's median sale price is 40% lower than the national average. Overall cost of living in Fort Payne is 14% lower than the national average. Learn which home features in Fort Payne add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Fort Payne housing market?
Fort Payne is not very competitive. Homes sell in 73 days.
0
100
25
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 73 days.
Hot homes
can sell for around list price and go pending in around 53 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Fort Payne housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Fort Payne.
Flood Factor - Moderate
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Fort Payne has a moderate risk of flooding. 1,141 properties in Fort Payne are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in Fort Payne. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Fort Payne has a major risk of wildfire. There are 8,901 properties in Fort Payne that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Fort Payne.
99% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Fort Payne has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Fort Payne is most at risk from hurricanes. 8,874 properties in Fort Payne have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 70 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 83 mph.