$4,749 Closing Credit*
$399,900
1,920 SqFt
3 Beds
•2 Full Baths
Listing Office: Integrity Real Estate
Is Hanceville, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Hanceville was a Buyer's Market.
Key Takeaway
Hanceville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hanceville, AL
How much do homes in Hanceville, AL cost?
Median Sold Price
$234,900
$127/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$115,950(+97.5%)
Key Takeaway
Homes in Hanceville have sold for 97.5% more than they did a month ago.
Summary: The median home sold price in Hanceville was $234,900 in October 2024, up 97.5% from last month, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $37.9K | $176K | +364.4% |
| 3 Bedrooms | $200K | $287.4K | +43.7% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Hanceville housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 364.4%, 3 bedroom homes increased by 43.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Hanceville, AL
How many homes are available in Hanceville, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 28 | +7.7% |
Summary: The Hanceville real estate market had 28 homes for sale in October 2024, a 7.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Hanceville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hanceville, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Hanceville in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Hanceville, AL
How long does it take to sell a home in Hanceville, AL?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hanceville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Hanceville; 20% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
