Is Chancellor, AL 36316 a buyer’s or seller’s market?
Chancellor is a seller’s market. With about 3.6 months of supply and 0% 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.
The Chancellor housing market right now
In the three months ending August 31, 2026, 0% of homes in Chancellor, AL 36316 sold above their list price, the typical home went under contract in 75 days and there were 3.6 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 was about the same (0% then), homes sold more slowly (69 days then) and the median sale price fell 12% to $243,395. Overall, Chancellor is about as competitive as it was a year ago.
Within Geneva County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Samson 36477 (50% sold over asking) and Hartford 36344 (10% sold over asking) are even more competitive.
Run the numbers for 36316
Nearby markets
Bellwood 36313 $87 /sq ftBlack 36314Seller’s market $89 /sq ftCoffee Springs 36318Buyer’s market $105 /sq ftGeneva 36340Buyer’s market $156 /sq ft Browse all markets →Towns like Chancellor nearby
Find towns like Chancellor in other states →Where Chancellor is
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Questions about Chancellor real estate
Is Chancellor a buyer’s or seller’s market?
A seller’s market: there were 3.6 months of supply in Chancellor, AL 36316 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 Chancellor?
The typical home went under contract in 75 days in the latest three months.
Do homes in Chancellor sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Chancellor?
About 0.34% of a home’s value a year in Geneva County, or roughly $1,360 on a $400,000 home.
What is the median home price in Chancellor?
The median sale price was $243,395 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