Madison County, AL Home Values & Market Trends

The median home price in Madison County, AL is $289,490.09. There were 3,971 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 $289,220.067. The number of current listings in Madison County, AL is 850, and the percentage of properties for sale is 850.00%. The county has 44 foreclosures, 10 bank owned properties, 34 headed for auction, and 850 properties for sale.

Madison County, AL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Huntsville

$ 340,323

$ 160/sqft

Hazel Green

$ 300,000

$ 154/sqft

Madison

$ 449,000

$ 165/sqft

Toney

$ 259,560

$ 137/sqft

Harvest

$ 324,627

$ 142/sqft

Gurley

$ 511,539

$ 173/sqft

Owens Cross Roads

$ 391,856

$ 154/sqft

Brownsboro

$ 484,487

$ 175/sqft

Meridianville

$ 354,800

$ 153/sqft

New Hope

$ 170,314

$ 81/sqft

New Market

$ 337,500

$ 143/sqft

Housing Market Summary for Madison County, AL

Apr 2023March 2024Change
Median Listing Price$419.9K$286.3K-31.84%
Median Sold Price$356.3K$286.3K-19.67%
Homes For Sale190797319.47%
Homes Sold12,609260800.00%
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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 $18,816 to $33,759,258. Brownsboro is the priciest city with a median listing home price of $560,000, and Hazel Green is most affordable with average house prices of around $337,450.

Foreclosure
There are 11 cities within Madison County, AL; within these cities, the median estimated home value for homes in foreclosure ranges from $483,679 in Toney to the lowest value of $93,065 in Toney. Foreclosure homes account for 0.00% of properties in Madison County, AL with Huntsville containing 20 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 $364,135 in Madison to the lowest value of $117,874 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; New Market containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Huntsville has 17 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 0.02% 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 $800,000 in Meridianville to the lowest value of $93,065 in Meridianville.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.61% of residential properties in Madison County, AL with Huntsville containing 408 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 $32,624 in Huntsville.
    Sold Homes
    The median value for recently sold homes ranges from $2,741,505 in Brownsboro to the lowest price of $24,521 in Brownsboro. There are 11 cities within Madison County, AL. Huntsville has 1410 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.93% of properties in Madison County, AL.

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      Guide for Madison County, AL

      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Home Buying Tools
      Federal Eviction Ban Overturned. Here’s Why
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Market Reports|posted 20 March 2024

      Birmingham, Alabama’s real estate market is showing a positive growth trend, with increasing average property values from March 2023 to February 2024.

      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 […]

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Recently Listed Homes Madison County, AL

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