Is Laceys Spring, AL 35754 a buyer’s or seller’s market?

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

Laceys Spring is a seller’s market. With about 2.8 months of supply and 13% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.8Under 4 months = seller’s market
Sold above original list12.5%Share of sales, last 3 months
Median sale-to-list96.3%Sold price ÷ list price
Median days on market34Listing to accepted offer
Median price per sq ft$159▼ −12.9% vs. last year

The Laceys Spring housing market right now

In the three months ending August 31, 2026, 13% of homes in Laceys Spring, AL 35754 sold above their list price, the typical home went under contract in 34 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 22%, homes sold faster (42 days then) and the median sale price rose 21% to $392,230. Overall, Laceys Spring is less competitive than a year ago, which gives buyers more room.

Within Morgan County, homes here sell faster than in 86% of the county’s ZIP codes, and sell more often over asking than in 57%.

Nearby, buyers who want less competition could look at Valhermoso Springs 35775 (0% sold over asking) or Eva 35621 (0% sold over asking), while Falkville 35622 (20% sold over asking) and Somerville 35670 (17% sold over asking) are even more competitive.

Nearby markets

Decatur 35601Seller’s market $134 /sq ftDecatur 35603Balanced $151 /sq ftEva 35621Seller’s market $157 /sq ftFalkville 35622Balanced $102 /sq ft Browse all markets →

Where Laceys Spring is

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Questions about Laceys Spring real estate

Is Laceys Spring a buyer’s or seller’s market?

A seller’s market: there were 2.8 months of supply in Laceys Spring, AL 35754 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 Laceys Spring?

The typical home went under contract in 34 days in the latest three months.

Do homes in Laceys Spring sell over asking?

13% 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 Laceys Spring?

About 0.34% of a home’s value a year in Morgan County, or roughly $1,360 on a $400,000 home.

What is the median home price in Laceys Spring?

The median sale price was $392,230 in the three months ending August 31, 2026, about $159 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