Hanceville, AL Housing Market & Real Estate

Balanced market+21.7% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Hanceville, AL is $185,000, up 21.7% year-over-year. Homes sell in an average of 126 days with 14 active listings. The market is currently a balanced market.

$185,000median sale price

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

Balanced market3.5 months of supply126 avg. days on market

Hanceville, AL is currently a balanced market, based on 3.5 months of supply and homes selling in about 126 days. How we determine this →

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

Hanceville, AL market data

Current housing market statistics for Hanceville, AL
MetricValue
Median sale price$185,000
Median list price$194,450
Year-over-year price change+21.7%
Average days on market126 days
Active inventory14 listings
Months of supply3.5 months
Sale-to-list price ratio98.9%
Market conditionBalanced market

Source: Redfin · Updated weekly

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

Homes for sale in Hanceville

There are currently 14 homes listed for sale in Hanceville, Alabama. The median listing price is $194K.

Active listings

14

Homes on market

Median list price

$194K

Avg. days on market

126

Days until sale

New this week

4

Newly listed

Price drops:35.7%of listings
Sale-to-list:98.9%

Top public schools in Hanceville

3 schools tracked · 1,334 students

The largest public schools serving Hanceville, AL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Hanceville Elementary School

Grades PK-5 · 644 students

Public

Hanceville High School

Grades 9-12 · 369 students

Public

Hanceville Middle School

Grades 6-8 · 321 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in AL

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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