Is Letohatchee, AL 36047 a buyer’s or seller’s market?
Letohatchee 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.
The Letohatchee housing market right now
In the three months ending August 31, 2026, 0% of homes in Letohatchee, AL 36047 sold above their list price 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 Lowndes County, homes here sell less often over asking than in any other ZIP code in the county.
Run the numbers for 36047
Nearby markets
Fort Deposit 36032Balanced $98 /sq ftHayneville 36040Balanced $69 /sq ftHope Hull 36043Buyer’s market $125 /sq ftLowndesboro 36752Buyer’s market $247 /sq ft Browse all markets →Where Letohatchee is
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Questions about Letohatchee real estate
Is Letohatchee a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Letohatchee, AL 36047 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
Do homes in Letohatchee sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Letohatchee?
About 0.39% of a home’s value a year in Lowndes County, or roughly $1,560 on a $400,000 home.
What is the median home price in Letohatchee?
The median sale price was $299,370 in the three months ending August 31, 2026, about $148 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