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Featured local agent — Vance, AL

Sarah Mitchell

CNESRESABR

Compass Real Estate · Vance, AL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Vance, AL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Vance, AL Housing Market & Real Estate

Seller's market-3.6% YoY

Housing market overview · Updated monthly ·

$262,650median sale price

How is the Vance, AL housing market right now?

The median home sale price in Vance, AL is $262,650, down 3.6% year-over-year. Homes sell in an average of 39 days with 15 active listings. The market is currently a seller'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 Vance a buyer's or seller's market?

Seller's market2.5 months of supply39 avg. days on market

Vance, AL is currently a seller's market, based on 2.5 months of supply and homes selling in about 39 days. How we determine this →

Homes sold

6

Last 12 weeks

Days on market

39

Average pace

Active listings

15

2.5 months supply

Sale-to-list

100.0%

Below asking

What does the Vance housing market data show?

Current housing market statistics for Vance, AL
MetricValue
Median sale price$262,650
Median list price$266,150
Year-over-year price change-3.6%
Average days on market39 days
Active inventory15 listings
Months of supply2.5 months
Sale-to-list price ratio100.0%
Median price per sq ft$168/sq ft
Homes sold (latest month)6
New listings (latest month)6
Listings with a price cut33.3%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Vance by property type?

How the Vance, AL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Vance, AL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$262,650$168/sq ft639 days

Source: Redfin · Updated monthly

The Vance housing market is currently classified as a seller's market with a median sale price of $262,650. Prices have fallen 3.6% compared to last year, with homes spending an average of 39 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.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 Vance

There are currently 15 homes listed for sale in Vance, Alabama. The median listing price is $266K.

Active listings

15

Homes on market

Median list price

$266K

Avg. days on market

39

Days until sale

New this week

6

Newly listed

Price drops:33.3%of listings
Sale-to-list:100.0%

Who lives in Vance?

Population

1,822

Median income

$76,654/yr

Median age

30.2 years

Owner-occupied

83.5%

College grads

18.7%

Avg commute

34 min

Source: U.S. Census Bureau ACS

What are homes worth in Vance?

Zillow home value

$219,558

Price-to-income

2.9x

Source: Zillow Research

What is it like to live in Vance?

Vance is a community of approximately 2K residents with a median age of 30.2 years.The median household income is $76,654, which reflects a relatively affluent area with strong earning potential. 18.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 83.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 34 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Vance offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Vance?

2 schools tracked · 1,274 students

The largest public schools serving Vance, 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.

Brookwood Middle School

Grades 6-8 · 783 students

Public

Vance Elementary School

Grades PK-5 · 491 students

Public

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 Vance, AL?

Want a head-to-head view? Compare Vance side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Vance?

The median home sale price in Vance is $262,650, down 3.6% from last year.

How long do homes stay on market in Vance?

Homes typically spend 39 days on market before going under contract.

What is the median income in Vance?

The median household income is $76,654 per year.

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

With 2.5 months of supply, Vance is currently a seller's market.

What is the Zillow home value estimate for Vance?

The Zillow Home Value Index (ZHVI) for Vance is $219,558, representing the typical home value in the area.

How much does a single-family home cost in Vance?

The median single-family home price in Vance, AL is $262,650 (about $168 per square foot).

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