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Featured local agent — Lanett, AL
Sarah Mitchell
Compass Real Estate · Lanett, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lanett, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$121,250median sale price
How is the Lanett, AL housing market right now?
The median home sale price in Lanett, AL is $121,250, down 3.0% year-over-year. Homes sell in an average of 105 days with 19 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lanett a buyer's or seller's market?
Lanett, AL is currently a buyer's market, based on 9.5 months of supply and homes selling in about 105 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
105
Average pace
Active listings
19
9.5 months supply
Sale-to-list
77.6%
Below asking
What does the Lanett housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $121,250 |
| Median list price | $235,000 |
| Year-over-year price change | -3.0% |
| Average days on market | 105 days |
| Active inventory | 19 listings |
| Months of supply | 9.5 months |
| Sale-to-list price ratio | 77.6% |
| Median price per sq ft | $107/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 9 |
| Listings with a price cut | 5.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Lanett by property type?
How the Lanett, AL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $121,250 | $107/sq ft | 2 | 105 days |
Source: Redfin · Updated monthly
The Lanett housing market is currently classified as a buyer's market with a median sale price of $121,250. Prices have fallen 3.0% compared to last year, with homes spending an average of 105 days on market, indicating 9.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 2.9x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Lanett
There are currently 19 homes listed for sale in Lanett, Alabama. The median listing price is $235K.
Active listings
19
Homes on market
Median list price
$235K
Avg. days on market
105
Days until sale
New this week
9
Newly listed
Who lives in Lanett?
Population
6,854
Median income
$42,415/yr
Median age
38.8 years
Owner-occupied
62.7%
College grads
9.0%
Avg commute
19 min
Source: U.S. Census Bureau ACS
What are homes worth in Lanett?
Zillow home value
$121,212
Price-to-income
2.9x
Source: Zillow Research
What is it like to live in Lanett?
Lanett is a community of approximately 7K residents with a median age of 38.8 years.The median household income is $42,415, which represents a working-class community with solid middle-income opportunities. 9.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 62.7%, showing a blend of owner and renter-occupied properties. The average commute time is 19 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lanett offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lanett?
4 schools tracked · 1,325 students
The largest public schools serving Lanett, 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.
W O Lance Elementary
Grades PK-6 · 551 students
Huguley Elementary School
Grades PK-5 · 365 students
Lanett Senior High School
Grades 9-12 · 261 students
Lanett Junior High School
Grades 7-8 · 148 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lanett, AL?
Want a head-to-head view? Compare Lanett side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lanett?
The median home sale price in Lanett is $121,250, down 3.0% from last year.
How long do homes stay on market in Lanett?
Homes typically spend 105 days on market before going under contract.
What is the median income in Lanett?
The median household income is $42,415 per year.
Is Lanett a buyer's or seller's market?
With 9.5 months of supply, Lanett is currently a buyer's market.
What is the Zillow home value estimate for Lanett?
The Zillow Home Value Index (ZHVI) for Lanett is $121,212, representing the typical home value in the area.
How much does a single-family home cost in Lanett?
The median single-family home price in Lanett, AL is $121,250 (about $107 per square foot).
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