Madison County, AL Home Values & Market Trends

The median home price in Madison County, AL is $272,884.75. There were 3,732 home sales in Madison County, AL over the past 12 months. The median residential Madison County, AL home value for transactions over the previous year is $299,684.29. The number of current listings in Madison County, AL is 825, and the percentage of properties for sale is 825.00%. The county has 59 foreclosures, 10 bank owned properties, 49 headed for auction, and 825 properties for sale.

Madison County, AL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Huntsville

$ 316,276

$ 151/sqft

Hazel Green

$ 282,000

$ 147/sqft

Madison

$ 416,820

$ 162/sqft

Toney

$ 234,181

$ 115/sqft

Owens Cross Roads

$ 387,088

$ 148/sqft

Gurley

$ 485,697

$ 162/sqft

Harvest

$ 319,999

$ 146/sqft

Brownsboro

$ 508,326

$ 155/sqft

Meridianville

$ 307,296

$ 135/sqft

New Hope

$ 126,867

$ 74/sqft

New Market

$ 293,499

$ 146/sqft

Housing Market Summary for Madison County, AL

Mar 2023February 2024Change
Median Listing Price$407.5K$277.9K-31.81%
Median Sold Price$0$277.9K-
Homes For Sale210799280.48%
Homes Sold03,047-
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Madison County, AL

Madison County, AL home values range from $17,919 to $32,693,484. Brownsboro is the priciest city with a median listing home price of $602,439, and New Hope is most affordable with average house prices of around $247,450.

Foreclosure
There are 11 cities within Madison County, AL; within these cities, the median estimated home value for homes in foreclosure ranges from $1,079,735 in Toney to the lowest value of $88,829 in Toney. Foreclosure homes account for 0.00% of properties in Madison County, AL with Huntsville containing 27 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Madison County, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 11 cities within Madison County, AL; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Madison County, AL ranges from the highest value of $460,561 in New Market to the lowest value of $111,966 in Hazel Green. Bank owned homes and properties account for 0.01% of properties in Madison County, AL. There are 11 cities within Madison County, AL; Meridianville containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Huntsville has 25 auction properties, the highest number of properties going to auction in a single city in the state of Madison County, AL. Auction homes and other auction properties account for 0.04% of all properties in Madison County, AL. There are 11 cities within Madison County, AL; of those cities, the median estimated home value for homes going to auction ranges from $555,345 in Brownsboro to the lowest value of $88,829 in Brownsboro.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.59% of residential properties in Madison County, AL with Huntsville containing 375 homes for sale, the highest number of listed properties in a single city. There are 11 cities within Madison County, AL; homes for sale in those cities, have a range of median values from $1,275,000 in Brownsboro to the lowest value of $30,716 in Huntsville.
    Sold Homes
    The median value for recently sold homes ranges from $2,597,430 in Brownsboro to the lowest price of $23,587 in Brownsboro. There are 11 cities within Madison County, AL. Huntsville has 1506 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.08% of properties in Madison County, AL.

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      Guide for Madison County, AL

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      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Tools|posted 5 June 2021

      Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]

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      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.

      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      California|posted 1 March 2024

      Santa Ana’s real estate market thrives with fluctuating median property values and diverse submarkets. Recent trends indicate potential opportunities for investors with varied budgets despite market volatility, enhanced by Santa Ana’s comparatively low foreclosure rates and value-for-money square foot pricing.