New Weakness in Price Cuts for Madison County Real Estate Market

Sales in the Madison County market fell to eight homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with 14 price reductions in the same time frame. While price reduction numbers fell, sale prices dropped as well. This week's reported median sales price of $165,000 continued a four-week downward trend. Madison County is a strong buyer's market, due to falling prices and a large 12 months of inventory left.

Looking for an affordable home? Check out these inexpensive listings in Madison County:

$115K   $127K   $139K  

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

Demographic facts about Madison County:

  • This area has a population growth rating of 60. (Scale: 1 = Worst, 100 = Best)
  • This area has 67.6 physicians per 100,000 people.
  • The area's health cost index score is 101.0. (100 = national average)
  • The breakdown of residents commuting to work is 76.7% by car, 10.9% by carpool, and 0.2% by public transit.

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Fathom Realty
13 reviews
Roy Wheeler Realty Co.
Snapped 8 homes in this area
RE/MAX New Horizons
Snapped 2 homes in this area

Agents that specialize in this area
2 snaps in this area
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