Madison Housing Market Report March 2025•Madison County, Alabama

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Housing Prices in Madison, AL

How much do homes in Madison, AL cost?

Housing Market Conditions

Is Madison, AL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Madison is a Buyer's Market

Difference Since March 2024

At the same time last year, Madison was a Seller's Market.

Insight

Madison is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$385,663$169/SqFt
+$17,624
+4.8%

Based on all homes sold in the last 12 months

Insight

Homes in Madison have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Madison was $385,663 in March 2025, up 4.8% from last year, and the median price per square foot was $169.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Madison
+5.1%
Madison
+4.8%
Huntsville
-0.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1$140.7K$171K
+21.5%
2$212.6K$228.7K
+7.6%
3$306.3K$305K
-0.4%
4$430.2K$450K
+4.6%
5$570K$551.5K
-3.2%

Summary: Madison housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +21.5%. The home price for 2 bedroom homes increased by +7.6%. The home price for 3 bedroom homes decreased by -0.4%. The home price for 4 bedroom homes increased by +4.6%. The home price for 5 bedroom homes decreased by -3.2%.

How does Madison, AL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Madison, AL

Housing supply in Madison, AL

How many homes are available in Madison, AL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
695Last MonthMar 2025
5902 months agoFeb 2025
+17.8 %
Change MoMFeb – Mar

Summary: The Madison real estate market had 695 homes for sale in Mar 2025, a 17.8 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
97Last MonthMar 2025
842 months agoFeb 2025
+15.5 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
22829
+3.6%
4278319
+14.7%
584103
+22.6%
3199241
+21.1%
113
+200.0%

Summary: Madison housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 2 bedroom homes increased by +3.6%. The inventory for 4 bedroom homes increased by +14.7%. The inventory for 5 bedroom homes increased by +22.6%. The inventory for 3 bedroom homes increased by +21.1%. The inventory for 1 bedroom homes increased by +200.0%.

Asking Price vs. Sold Price

How much do homes in Madison, AL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price16 Homes

At Asking Price33 Homes

Under Asking Price48 Homes

Insight

If you're buying a home in Madison, you may be able to get a good deal. 49.5% of homes here sold below asking price last month.

Summary: A total of 97 homes were sold or pending in Madison in March 2025, up by 15.5% month-over-month. Of the 97 sold homes, 49% were sold under asking, 34% were sold at asking, and and 16% were sold over asking.

Days on Market for Madison, AL

How long does it take to sell a home in Madison, AL?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Madison are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 97 homes were sold in Madison; 1% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
7 DaysThis YearMar 2025
0 Days1 year agoMar 2024
0.0 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Madison had an average listing age of 7 days in Mar 2025, down by .0% compared to the previous year.

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Newest Listings in Madison, AL

What homes are available in Madison, AL?

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Nearby markets

Nearby markets aren't available for Madison, AL

Popular Cities with Homes for Sale in Alabama

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Based on information from ValleyMLS, RealTracs Middle Tennessee Regional MLS, Greater Alabama MLS, First Multiple Listing Service Inc., and West Alabama Multiple Listing Service for the period 04/01/2023 - 04/01/2025

The data relating to ValleyMLS on this Web site derived in part from the VALLEYMLS.COM MLS (VALLEYMLS.COM) IDX datashare program. © 2025 Valley MLS, Inc.

All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 4:18:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 4:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is provided by West Alabama Multiple Listing Service, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 West Alabama Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 4:15:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.