Home prices
The median home value in Hanceville is $99,900. This is roughly $19,660 (16%) lower in comparison to the surrounding areas.In comparison to the United States as a whole it is approximately $117,600 (54%) lower, and it is roughly $8,800 (9%) higher compared to the city of Birmingham.
Rents
The median monthly rent in Hanceville is $668. In comparison to the surrounding areas this is roughly $62 (8%) lower.It is about $394 (37%) lower compared to the nation as a whole, and in comparison to the city of Birmingham it is roughly $169 (20%) lower.
Nearby places
Garden City
Garden City is Hanceville's neighbor to the south. The real estate prices there are a bit less expensive. Garden City's median home price is $85,300, which comes out to $14,600 (17%) lower than Hanceville. Its rents are somewhat more expensive. Garden City's median rent is $805 per month, which is $137 (17%) higher than Hanceville.
Good Hope
Good Hope is about 6 miles northwest from Hanceville. The real estate prices there are a little more expensive. The median home price in Good Hope is $120,700, which comes out to $20,800 (17%) higher than Hanceville. Rent there is somewhat more expensive. The median monthly rent in Good Hope is $829, which is $161 (19%) higher than Hanceville.
Dodge City
Dodge City is approximately 6 miles west from Hanceville. The real estate prices there are somewhat more expensive. Dodge City's median home price is $129,500, which is $29,600 (22%) higher than Hanceville. Its rents are somewhat more expensive. The median rent in Dodge City is $769 per month, which works out to $101 (13%) higher than Hanceville.
Blountsville
Blountsville is roughly 9 miles east from Hanceville. Its housing prices are a bit more expensive. The value of the median home in Blountsville is $119,500, which is $19,600 (16%) higher than Hanceville. The rent there is a little less expensive. The median rent in Blountsville is $574 per month, which is $94 (16%) lower than Hanceville.
Cullman
Cullman is approximately 9 miles northwest of Hanceville. Real estate prices there are a little more expensive. Cullman's median home price is $142,800, which comes out to $42,900 (30%) higher than Hanceville. Its rents are fairly similar. Cullman's median monthly rent is $671, which is very similar to Hanceville.