Lanett, AL 36863 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lanett, AL—36863

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$122,000

1.7% YoY Growth

Household Income

$45,300

22.9% YoY Growth

Days on Market

30.0% Shorter YoY

Home Price Forecast

2.1%

Median Rent

$1,300

20.7% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,300

15.0% YoY Growth

Home Price Trends — Lanett, AL

As of Dec '25, the median home price in Lanett, AL is $122,000, with a year-over-year change of 1.7%. This indicates that home prices in Lanett, AL are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$122,000	1.7%
Single Family	$122,000	0.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lanett, AL

As of July '25, Rentcast reports the average rent in Lanett, AL is $1,190, with a year-over-year rent change of -20.7%. Per bedroom, the median rent as of July '25 in Lanett, AL is 3-bedrooms: $1,190. The most common rental property sizes in Lanett, AL are 2-bedroom and 3-bedroom, accounting for 32.2% and 31.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,300	$1,190
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,300	$1,190
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

22.8%

1 Bedroom

7.8%

2 Bedrooms

32.2%

3 Bedrooms

31.0%

4 Bedrooms

5.9%

5+ Bedrooms

0.3%

Property Listings — Lanett, AL

As of Dec '25, Realtor.com reports that the median days on market for a home in Lanett, AL is 58. This is a decrease of -34.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$208,000	-29.0%
Listing Count	33	10.0%
Listings as % of Homes	0.3%	10.0%
Days on Market	75	-30.0%

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Demographics — Lanett, AL

As of the latest ACS Survey released in 2023, Lanett, AL has a population of 12,300, which has increased by 6.3% over the past 5 years. Lanett, AL is a moderately popular place for families, as children make up 22.0% of the population. The area has a poorly educated workforce, with 9.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	12,300	6.3%
% Under 18	22.0%	8.4%
% Seniors	19.1%	-10.7%
% WFH	3.1%	29.2%
% w/ College Degree	9.8%	-34.2%

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As of the latest ACS Survey released in 2023, Lanett, AL is a predominantly white area, with 45.8% of the population identifying as white. The white population has shrunk by 14.4% in the last 5 years. The second most common race or ethnicity in Lanett, AL is black, making up 45.3% of the population. Foreign-born residents account for 4.6% of the population in Lanett, AL, and this percentage has increased by 283.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	45.8%	-14.4%
% Black	45.3%	7.9%
% Hispanic	5.7%	280.0%
% Asian	0.4%	-60.0%
% Foreign Born	4.6%	283.3%

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Mortgage and Risk — Lanett, AL

According to HUD data as of 2023, there were 116 mortgage originations in Lanett, AL, of which 57.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Lanett, AL. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	116
% Conventional Loans	57.0%
% Government Loans	43.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Lanett, AL

Lanett, AL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	379
Total Units Section 8	17
% Rentals under Section 8	N/A
% Occupied Section 8	73.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$740
2 Bedroom	N/A	N/A	$970
3 Bedroom	-$120	$1,300	$1,180
4 Bedroom	N/A	N/A	$1,300

Lanett, AL—36863

Key Metrics at a Glance

Home Price Trends — Lanett, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lanett, AL

% of Rental Stock

Property Listings — Lanett, AL

Demographics — Lanett, AL

Race and Ethnicity

Mortgage and Risk — Lanett, AL

Mortgages

Rentals and Section 8 — Lanett, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Lanett, AL

Home Price to Income Ratio

Lanett, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Five Points, AL

Cusseta, AL

Valley, AL

West Point, GA

Lafayette, AL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.6
Median Home Price	$122,000
Median Household Income	$45,300

Lanett, AL—36863

Key Metrics at a Glance

Home Price Trends — Lanett, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lanett, AL

% of Rental Stock

Property Listings — Lanett, AL

Demographics — Lanett, AL

Race and Ethnicity

Mortgage and Risk — Lanett, AL

Mortgages

Rentals and Section 8 — Lanett, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Lanett, AL

Home Price to Income Ratio

Lanett, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Five Points, AL

Cusseta, AL

Valley, AL

West Point, GA

Lafayette, AL

Frequently Asked Questions

What is the average home price in Lanett, AL 36863?

How have home prices in Lanett, AL 36863 changed over the past year?

What is the home price projection for Lanett, AL 36863?

What are the demographics of Lanett, AL 36863?

How long does it take homes to sell in Lanett, AL 36863?

What is the average rent price in Lanett, AL 36863?