Lanett, AL

Leaning buyer's-21.1% YoY

Housing market overview · Updated weekly

$176,000median sale price

Homes sold

2

Last 12 weeks

Days on market

92

Average pace

Active listings

13

6.5 months supply

Sale-to-list

100.6%

Above asking

The Lanett housing market is currently classified as a leaning buyer's with a median sale price of $176,000. Prices have fallen 21.1% compared to last year, with homes spending an average of 92 days on market, indicating 6.5 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 Lanett

There are currently 13 homes listed for sale in Lanett, Alabama. The median listing price is $185K.

Active listings

13

Homes on market

Median list price

$185K

Avg. days on market

92

Days until sale

New this week

4

Newly listed

Price drops:15.4%of listings
Sale-to-list:100.6%

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Frequently asked questions

What is the average home price in Lanett?

The median home sale price in Lanett is $176,000, down 21.1% from last year.

How long do homes stay on market in Lanett?

Homes typically spend 92 days on market before going under contract.

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

With 6.5 months of supply, Lanett is currently a leaning buyer's.

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