Apartments for sale in Hanceville, AL 35077, USA

According to statistics, the population in Hanceville, AL amounts to 3,297, which shows growth 2% compared to the previous year. The median age of the city’s residents is 53. The average household income is $31,424, shifting decline -3% from the past year, and the average property value in Hanceville, AL growth 1% to $90,900 throughout the year.

Population	3,297
Median Age	52.7
Poverty Rate	14%
Household Income	$31,424
Number Of Employees	1,002
Median Property Value	$90,900

Household Income

The average household income in Hanceville, AL declined from $32,381 to $31,424 in the past year. This data is an estimate based upon 1,281 households in Hanceville, AL . The chart below presents how household income is distributed in Hanceville, AL in comparison to the revenue allocation amid households nationally.

Property Value

According to data from last year, the average property value in Hanceville, AL shifted from $89,800 to $90,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Hanceville, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Hanceville, AL properties falls in the '$80,000 to $89,999' range, which is higher than the most significant median property across the country.

Rent vs. Own

Property Taxes

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Hanceville, AL compared to median property taxes around the country. The prevalent amount of property taxes in Hanceville, AL equals $800, which is less than the national average.

Housing Trends

How much does an apartment cost in Hanceville, AL 35077, USA

Average sale in Hanceville: $294,004 (+25%)

Apartment Size	May	vs Last Month
Studio for sale	$47,000	N/A
2 bed for sale	$214,900	N/A
3 bed for sale	$212,075	-0.3%
4+ bed for sale	$344,400	-6.9%

During May 2022, the average price for an apartment in/near Hanceville, AL increased by 25% to $294,004.

Asking price for 2-bed apartment remains the same, a place of this size will still cost you $214,900. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $212,075. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $344,400 for a big-family home.

Listing Type	May	vs Last Month
Houses for sale	$237,331	+0.9%
Land for sale	$407,350	N/A

According to statistics, average house is still $237,331 with no significant changes this month.

Median price for residential in as of May, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.

9 Hanceville, AL 35077, USA apartments for sale

Hanceville