Madison, AL
Housing market overview · Updated weekly
$440,000median sale price
Homes sold
49
Last 12 weeks
Days on market
92
Average pace
Active listings
223
4.6 months supply
Sale-to-list
98.3%
Below asking
The Madison housing market is currently classified as a leaning buyer's with a median sale price of $440,000. Prices have risen 9.0% compared to last year, with homes spending an average of 92 days on market, indicating 4.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Madison?
The median home sale price in Madison is $440,000, up 9.0% from last year.
How long do homes stay on market in Madison?
Homes typically spend 92 days on market before going under contract.
Is Madison a buyer's or seller's market?
With 4.6 months of supply, Madison is currently a leaning buyer's.
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