The Fort Benning area year end Market report for Alabama including the cities of Fort Mitchell, Phenix City, Seale, Smiths and lake Harding
Total homes sold in this area: 1167
Total days on market: 128
Median home price: $153,000
Number of new listings taken: 2234
Total sold dollar volume: $178 million
Of all financing obtained, VA was the most popular with 50% more than FHA. This is due to the enormous increase in homes being built in Fort Mitchell. Fort Mitchell is just outside the west entrance of Fort Benning making it a very convenient location for military to reside. We have seen an increase of military families moving to the area due to the Base Realignment and Closings (BRAC) in which many bases around the country are closing. While many are closing, Fort Benning is expanding at a rapid pace.
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