Lanett Real Estate Market

Lanett Market

The median mortgage debt is $41,040.

Additional Statistics for Single Family Homes and Condos in Lanett, AL
$89,450
Median Listing Price
211
Median Days on Market
64
Active Listings
1.6%
Distressed Listings
(foreclosures and short sales)
Lanett, AL Price Trends - Sold vs. Listed
The median list price in May for single family homes in Lanett is $89,450. The list prices dropped by -5.74% from the previous month.

The price per square foot for listings in this area is $57.

The median sale price in December for single family homes is $89,850. The sale prices increased by 60.44% from the previous month.

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Lanett, AL Market Inventory Trends

The number of active listings in Lanett increased by 3.2% from the previous month.

The median number of days active properties have been listed is 211. This is much longer than the national average.

The number of sales in December dropped by 71.4% from the previous month.

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Lanett, AL Property Ownership

The percent of owner occupied properties in Lanett is 12.4% below the national average.

The percent of rental properties in Lanett is 12.71% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.