New Streak in Contracts for Madison County Real Estate Market

The Madison County market was steady this week as sales remained at two homes over the prior 30 days, but the area is experiencing an identifiable upward trend of contracts closing, now up to three. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. While contracts numbers rose, prices dropped. This week's reported median sales price of $114,000 continued a four-week downward trend. Madison County is a definite buyer's market, with a big eight months of inventory to choose from coupled with falling prices.

Trying to find an affordable a home? Take a look at these low-priced listings in Madison County:

$145K   $149K   $157K  

Get started right now by checking out Madison County homes for sale or reviewing Madison County real estate trends.

Demographic facts about Madison County:

  • The median house value here is $80,100.
  • The area gets an average of 74 rainy days each year. (U.S. average: 100)
  • This area has an unemployment rate of 7.3%.
  • The students per teacher ratio in this area is 12.8:1. (15.3:1 = national average)

Data reported through 10/12/2016

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