Market report, updated

Market Report

Condo, Single Family Residential, Townhome search in the city of Madison

Create your own market report
WyzeRealty.com
Report prepared by WyzeRealty.com Wyze Realty
Wyze Realty logo

Market at a glance

Over the last 6 months, homes sold for 98.9% of list price in 107 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $453K Sold · $447K
$480K$450K$420K$390K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 219 sales in Jun. Last month: 117.

Where the market stands

All homes in this report, by status.

1,903homes
Active657 · 35%
Under contract198 · 10%
Sold (6 mo)1,048 · 55%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$497K
Under contract$464K
Sold$442K

Average days on market

Active156 days
Under contract135 days
Sold107 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 657
Average list price $496,673
Avg. days on market 156 days
Avg. price per ft² $189
Avg. living area 2,583 ft²
Avg. beds / baths 3.7 / 2.9

Charts and listings below cover the 250 highest-priced of 657 homes.

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

2 homes are larger or pricier than this chart’s scale and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 248 homes plotted, up to $1.5M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

1150 Balch Road$449
540 Mill Road$372
146 Steiner Street$327
371 Saint Louis Street$323
304 Saint Louis Street$319
377 Saint Louis Street$318
147 Steiner Street$318

Active listings (250 of 657)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
540 Mill RoadMadison, AL 35758 64.256,040$2,249,900$372234 days
207 Veranda DriveMadison, AL 35758 65.56,310$1,550,000$24548 days
113 Southern Pointe DriveMadison, AL 35758 45.255,084$1,400,000$27535 days
104 Grand Vista DriveMadison, AL 35758 565,470$1,400,000$255100 days
170 Madison Branch BoulevardMadison, AL 35756 64.254,544$1,396,900$30739 days
800 Rountree PlaceMadison, AL 35756 55.56,437$1,350,000$20919 days
1150 Balch RoadMadison, AL 35757 32.52,892$1,300,000$44946 days
115 Rainbow Glen CircleMadison, AL 35758 44.55,068$1,300,000$256135 days
111 Fieldmaster DriveMadison, AL 35758 85.56,587$1,284,999$195220 days
202 Silverado DriveMadison, AL 35758 44.56,912$1,275,000$184150 days
WyzeRealty.com

Questions about this market?

Wyze Realty logo

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

WyzeRealty.com Wyze Realty

Next steps

How much is your home worth?

Free and instant. We can follow up with a detailed valuation.

Listing data is derived in whole or in part from NALMLS and is for consumers' personal, non-commercial use only. All data should be independently verified..

This 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. Data is deemed reliable but not guaranteed.