Lanett, AL Real Estate & Property Data

Lanett Real Estate Market Trends
Last Updated: April 25, 2024

To gain a better understanding of the real estate market in Lanett, AL, it is essential to have accurate and comprehensive real estate data. ATTOM provides up-to-date real estate data for Lanett, which is refreshed on a daily basis. Based on the latest market trends, a total of 120 residential properties have been sold in Lanett, AL over the past year, with a median home price of $132,900 and 3 foreclosure filings. Additionally, the 2022 effective property tax rate in Lanett is 0.44%. To find more detailed property data for Lanett, Alabama, look no further than ATTOM.

Lanett Real Estate Market Trends
Total Residential Properties 4,820
Total Commercial Properties 301
Avg. Home Age (Single Family Home) 63 Years
Avg. Square Feet (Single Family Home) 1,589
Total 2024 Residential Sales (year-to-date) 15
% of Homes Seriously Underwater (Q2 2024) 1.33%
Total 2023 Residential Sales 111
% of Equity Rich Homes (Q2 2024) 16.46%
Effective 2023 Property Tax 0.44%
Total Foreclosure Filings (year-to-date) 4
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Lanett, AL Real Estate Overview

A total of 120 residential properties have been sold in Lanett, AL over the past year, with a median home price of $108,213. There are currently 4,820 residential properties in Lanett, AL, which can be further analyzed by looking at the 1 zip codes and 279 streets encompassing the city.

Median Sales Price i
$132,900
(Feb 2024)
+46.9%
year-over-year
y-o-y
  • February '24 Feb '24 $132,900
  • January '24 Jan '24 $151,000
  • December '23 Dec '23 N/A
  • November '23 Nov '23 $114,000
  • October '23 Oct '23 $239,500
  • September '23 Sep '23 $224,950
  • August '23 Aug '23 $189,750
  • July '23 Jul '23 $159,900
  • June '23 Jun '23 $118,695
  • May '23 May '23 $148,000
  • April '23 Apr '23 $179,500
  • March '23 Mar '23 $109,800
Median Down Payment i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 $17,356
  • December '23 Dec '23 N/A
  • November '23 Nov '23 $31,535
  • October '23 Oct '23 $16,250
  • September '23 Sep '23 $60,950
  • August '23 Aug '23 $4,520
  • July '23 Jul '23 $2,897
  • June '23 Jun '23 $4,166
  • May '23 May '23 $3,897
  • April '23 Apr '23 $80,000
  • March '23 Mar '23 $10,420
Number of Homes Sold i
9
(Feb 2024)
-30.8%
year-over-year
y-o-y
  • February '24 Feb '24 9
  • January '24 Jan '24 6
  • December '23 Dec '23 5
  • November '23 Nov '23 17
  • October '23 Oct '23 10
  • September '23 Sep '23 3
  • August '23 Aug '23 11
  • July '23 Jul '23 7
  • June '23 Jun '23 18
  • May '23 May '23 8
  • April '23 Apr '23 6
  • March '23 Mar '23 7
Number of Purchase Loans i
5
(Feb 2024)
+66.7%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 5
  • December '23 Dec '23 4
  • November '23 Nov '23 10
  • October '23 Oct '23 8
  • September '23 Sep '23 4
  • August '23 Aug '23 6
  • July '23 Jul '23 1
  • June '23 Jun '23 13
  • May '23 May '23 6
  • April '23 Apr '23 4
  • March '23 Mar '23 3
Number of REFI Loans i
5
(Feb 2024)
+25%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 6
  • December '23 Dec '23 2
  • November '23 Nov '23 5
  • October '23 Oct '23 8
  • September '23 Sep '23 6
  • August '23 Aug '23 8
  • July '23 Jul '23 2
  • June '23 Jun '23 6
  • May '23 May '23 3
  • April '23 Apr '23 6
  • March '23 Mar '23 2
Number of HELOC Loans i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 2
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 7
  • May '23 May '23 4
  • April '23 Apr '23 3
  • March '23 Mar '23 1

Lanett, AL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Lanett, AL Foreclosure Activity

There were a total of 3 Lanett, AL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
3
(Feb 2024)
+50%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 1
  • December '23 Dec '23 2
  • November '23 Nov '23 N/A
  • October '23 Oct '23 2
  • September '23 Sep '23 2
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
Foreclosure Starts i
3
(Feb 2024)
+50%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 1
  • December '23 Dec '23 2
  • November '23 Nov '23 N/A
  • October '23 Oct '23 2
  • September '23 Sep '23 2
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 1
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 2
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 3
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