Comprehensive market data and analysis• Updated Dec 2025
54.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | 3 |
| 2-5 acres | 1 | 1 | 1 | 4 |
| 5-10 acres | - | - | - | 5 |
| 10-20 acres | - | - | 1 | 4 |
| 20-50 acres | - | - | 1 | 3 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 4 | 20 |
Acreage buckets
The median price for land in Hanceville, Alabama is currently $17K per acre. For a typical parcel, the median sale price is $125K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $31K while premium lots reached $296K.
Hanceville, Alabama is currently a strong buyer's market with 54.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Hanceville, Alabama currently has 54.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Over the past 12 months, Hanceville, Alabama saw 20 properties sold, totaling $2.8M in sales volume. In just the last 3 months, 1 properties changed hands.
The 3-month absorption rate in Hanceville, Alabama is 1.9%. The 12-month rate is 9.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Hanceville, Alabama stands at $125K. This translates to roughly $17K per acre for the typical parcel size. The average price is $138K, indicating some higher-priced properties pulling up the average.
Land in Hanceville, Alabama averages $16K per acre. The median price per acre is $17K, which may be more representative of typical transactions. Most parcels sold are around 7.9 acres.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
