Vance, AL

Buyer's market-2.3% YoY

Housing market overview · Updated weekly

$275,950median sale price

Homes sold

2

Last 12 weeks

Days on market

65

Average pace

Active listings

13

6.5 months supply

Sale-to-list

99.5%

Below asking

The Vance housing market is currently classified as a buyer's market with a median sale price of $275,950. Prices have fallen 2.3% compared to last year, with homes spending an average of 65 days on market, indicating 6.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Vance

There are currently 13 homes listed for sale in Vance, Alabama. The median listing price is $282K.

Active listings

13

Homes on market

Median list price

$282K

Avg. days on market

65

Days until sale

New this week

4

Newly listed

Price drops:46.2%of listings
Sale-to-list:99.5%

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Frequently asked questions

What is the average home price in Vance?

The median home sale price in Vance is $275,950, down 2.3% from last year.

How long do homes stay on market in Vance?

Homes typically spend 65 days on market before going under contract.

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

With 6.5 months of supply, Vance is currently a buyer's market.

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