#21422458, Steven Pharo, Listing office: EXIT Justice Realty - Gardenda
Hanceville Housing Market Report May 2025•Cullman County, Alabama
Housing Prices in Hanceville, AL
How much do homes in Hanceville, AL cost?
Housing Market Conditions
Is Hanceville, AL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Hanceville is a Seller's Market
Difference Since May 2024
Since last year, Hanceville has remained a Seller's Market.
Hanceville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Hanceville have sold for 15.6% less than they did a year ago.
Summary: The median home sold price in Hanceville was $184,750 in May 2025, down 15.6% from last year, and the median price per square foot was $136.
Median Sold Price By Bedrooms
Beds | May 2024 | May 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $141K | N/A |
22 Bedrooms | $162.5K | $141.9K | -12.6% |
33 Bedrooms | $202.5K | $185K | -8.6% |
44 Bedrooms | $260.7K | $202.4K | -22.3% |
55+ Bedrooms | $547.5K | $325K | -40.6% |
Summary: Hanceville housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -12.6%. The home price for 3 bedroom homes decreased by -8.6%. The home price for 4 bedroom homes decreased by -22.3%. The home price for 5 bedroom homes decreased by -40.6%.
How does Hanceville, AL compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Hanceville, AL
Housing supply in Hanceville, AL
How many homes are available in Hanceville, AL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
59Last MonthMay 2025 | ||
572 months agoApr 2025 | +3.5 % Change MoMApr – May |
Summary: The Hanceville real estate market had 59 homes for sale in May 2025, a 3.5 % increase compared to Apr 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
11Last MonthMay 2025 | ||
72 months agoApr 2025 | +57.1 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 12 | 15 | +25.0% |
33 Bedrooms | 34 | 33 | -2.9% |
44 Bedrooms | 7 | 5 | -28.6% |
55+ Bedrooms | 3 | 5 | +66.7% |
Summary: Hanceville housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes decreased by -2.9%. The inventory for 4 bedroom homes decreased by -28.6%. The inventory for 5 bedroom homes increased by +66.7%.
Asking Price vs. Sold Price
How much do homes in Hanceville, AL cost?
Over Asking Price2 Homes
At Asking Price3 Homes
Under Asking Price6 Homes
If you're buying a home in Hanceville, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Hanceville in May 2025, up by 57.1% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and and 18% 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
Under 30 Days1 Home
30 – 90 Days6 Homes
Over 90 Days2 Homes
Avg time on Rocket Homes in Hanceville has remained consistent over time.
Summary: During May 2025, 11 homes were sold in Hanceville; 9% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
92 DaysThis YearMay 2025 | ||
151 Days1 year agoMay 2024 | -38.6 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Hanceville had an average listing age of 92 days in May 2025, down by 38.6% compared to the previous year.
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Newest Listings in Hanceville, AL
What homes are available in Hanceville, AL?
Nearby markets
Nearby markets aren't available for Hanceville, AL
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MLS Disclaimers and Copyright
Based on information from Strategic MLS Alliance, Greater Alabama MLS, and ValleyMLS for the period 06/01/2023 - 06/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/18/2025, 7:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/18/2025, 7:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/18/2025, 7:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.