Hanceville, AL

Balanced market+21.7% YoY

Housing market overview · Updated weekly

$185,000median sale price

Homes sold

4

Last 12 weeks

Days on market

126

Average pace

Active listings

14

3.5 months supply

Sale-to-list

98.9%

Below asking

The Hanceville housing market is currently classified as a balanced market with a median sale price of $185,000. Prices have risen 21.7% compared to last year, with homes spending an average of 126 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Hanceville?

The median home sale price in Hanceville is $185,000, up 21.7% from last year.

How long do homes stay on market in Hanceville?

Homes typically spend 126 days on market before going under contract.

Is Hanceville a buyer's or seller's market?

With 3.5 months of supply, Hanceville is currently a balanced market.

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