Is Hanceville, AL 35077 a buyer’s or seller’s market?
Hanceville is a balanced market. With about 4.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 10% of U.S. ZIP codes, and #207 of 249 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Hanceville housing market right now
In the three months ending August 31, 2026, 9% of homes in Hanceville, AL 35077 sold above their list price, the typical home went under contract in 73 days and there were 4.9 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 55 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold faster (80 days then) and the median sale price rose 21% to $289,775. Overall, Hanceville is about as competitive as it was a year ago.
Within Cullman County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Hanceville ranks #207 of 249 AL ZIP codes with enough sales (score 16 out of 100).
Nearby, buyers who want less competition could look at Logan 35098 (0% sold over asking) or Joppa 35087 (0% sold over asking), while Baileyton 35019 (33% sold over asking) and Cullman 35057 (20% sold over asking) are even more competitive.
Run the numbers for 35077
Nearby markets
Baileyton 35019Buyer’s market $169 /sq ftBremen 35033Balanced $346 /sq ftCrane Hill 35053Buyer’s market $369 /sq ftCullman 35055Balanced $156 /sq ft Browse all markets →Towns like Hanceville nearby
Find towns like Hanceville in other states →Where Hanceville is
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Questions about Hanceville real estate
Is Hanceville a buyer’s or seller’s market?
A balanced market: there were 4.9 months of supply in Hanceville, AL 35077 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Hanceville?
The typical home went under contract in 73 days in the latest three months.
Do homes in Hanceville sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.
What are property taxes in Hanceville?
About 0.26% of a home’s value a year in Cullman County, or roughly $1,040 on a $400,000 home.
What is the median home price in Hanceville?
The median sale price was $289,775 in the three months ending August 31, 2026, about $149 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology