$1,366 Closing Credit*
$115,000
385 SqFt
1 Bed
•1 Full Bath
Devin Schaff, Listing Office: Keller Williams - Mobile
Is Hannon Park, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Hannon Park was a Seller's Market.
Key Takeaway
Hannon Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hannon Park, AL
How much do homes in Hannon Park, AL cost?
Median Sold Price
$230,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$34,375(-13.0%)
Key Takeaway
Homes in Hannon Park have sold for 13% less than they did a year ago.
Summary: The median home sold price in Hannon Park was $230,000 in December 2024, down 13% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $226.2K | $174.8K | -22.7% |
| 3 Bedrooms | $278.3K | $337.5K | +21.3% |
| 4 Bedrooms | $460K | $215K | -53.3% |
| 5+ Bedrooms | $1.3M | - | N/A |
Summary: Hannon Park housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.7%, 3 bedroom homes increased by 21.3%, 4 bedroom homes decreased by 53.3%, and 5+ bedroom homes did not change.
Housing Supply in Hannon Park, AL
How many homes are available in Hannon Park, AL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 16 | 19 | +18.8% |
Summary: The Hannon Park real estate market had 19 homes for sale in December 2024, a 18.8% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Hannon Park housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 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 Hannon Park, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Hannon Park in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Hannon Park, AL
We’re sorry, we don't have information for this market at the moment
Listing information Copyright © 2025 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.