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| SEPTEMBER 2025 | |||
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| Units Sold 13 |
Active Inventory 36 |
Median Sale Price $390,000 |
Days On Market 70 |
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| Up Vs. Year Ago |
Up 16% Vs. Year Ago |
Down -9% Vs. Year Ago |
Up 46% Vs. Year Ago |
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Units Sold
With relatively few transactions, there was an increase in total units sold in September, with 13 sold this month in Madison County Real Estate. This month's total units sold was higher than at this time last year, an increase from September 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 5 units or 16%. The total number of active inventory this September was 36 compared to 31 in September 2024. This month's total of 36 is lower than the previous month's total supply of available inventory of 39, a decrease of 8%. |
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Median Sale Price
Last September, the median sale price for Madison County Homes was $430,000. This September, the median sale price was $390,000, a decrease of 9% or $40,000 compared to last year. The current median sold price is 7% lower than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 16 |
Current Contracts 15 |
Sold Vs. List Price 103.8% |
Months of Supply 2.8 |
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| Up 60% Vs. Year Ago |
Up 114% Vs. Year Ago |
Up Vs. Year Ago |
Down -19% Vs. Year Ago |
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Months of Supply
In September, there was 2.8 months of supply available in Madison County, compared to 3.4 in September 2024. That is a decrease of 20% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. |
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New Listings & Current Contracts
This month there were 16 homes newly listed for sale in Madison County compared to 10 in September 2024, an increase of 60%. There were 15 current contracts pending sale this September compared to 7 a year ago. The number of current contracts is 114% higher than last September. |
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Sale Price to List Price Ratio
In September, the average sale price in Madison County was 103.8% of the average list price, which is higher than at this time last year. Days on Market
This month, the average number of days on market was 70, higher than the average last year, which was 48, an increase of 46%. | |||
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| *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. | |||
 Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc. |
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