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Is Mount Hope, AL 35651 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Mount Hope is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list101.2%Sold price ÷ list price
Median days on market50Listing to accepted offer
Median price per sq ft$211

The Mount Hope housing market right now

In the three months ending August 31, 2026, 100% of homes in Mount Hope, AL 35651 sold above their list price, the typical home went under contract in 50 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Within Lawrence County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Town Creek 35672 (10% sold over asking) or Danville 35619 (13% sold over asking).

Run the numbers for 35651

Prefilled for 35651Can I win this house?Multiple-offer likelihood for a listing Prefilled for 35651Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Courtland 35618Buyer’s market $110 /sq ftDanville 35619Seller’s market $154 /sq ftHillsboro 35643Balanced $142 /sq ftMoulton 35650Buyer’s market $146 /sq ft Browse all markets →

Towns like Mount Hope nearby

Find towns like Mount Hope in other states →
Lexington, AL35648 · 33 miles away82% similarlarger · younger residents Tanner, AL35671 · 32 miles away75% similarpricier homes ($73K more) · larger Killen, AL35645 · 29 miles away68% similarpricier homes ($52K more) · larger Leighton, AL35646 · 16 miles away67% similarcheaper homes ($26K less) · larger

Where Mount Hope is

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Questions about Mount Hope real estate

Is Mount Hope a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Mount Hope, AL 35651 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 Mount Hope?

The typical home went under contract in 50 days in the latest three months.

Do homes in Mount Hope sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 101.2% of the list price.

What are property taxes in Mount Hope?

About 0.29% of a home’s value a year in Lawrence County, or roughly $1,160 on a $400,000 home.

What is the median home price in Mount Hope?

The median sale price was $505,781 in the three months ending August 31, 2026, about $211 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