Is Lanett, AL 36863 a buyer’s or seller’s market?

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

Lanett is a seller’s market. With about 3.4 months of supply and 8% 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.

Competition score23/ 100

More competitive than 17% of U.S. ZIP codes, and #176 of 249 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.4Under 4 months = seller’s market
Sold above original list7.7%Share of sales, last 3 months
Median sale-to-list94.8%Sold price ÷ list price
Median days on market51Listing to accepted offer
Median price per sq ft$118▲ +2.0% vs. last year

Nearby markets

Cusseta 36852Balanced $168 /sq ftFive Points 36855Buyer’s market $229 /sq ftLafayette 36862Seller’s market $133 /sq ftValley 36854Balanced $167 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology