In January, the median sale price of a home in Madison County rose by $29,222 from the same period in the previous year, while total sales increased by 430.6%, according to BlockShopper.com.
Data shows that there were 260 homes sold in January, with a median sale price of $127,000 - a 29.9% increase over the $97,778 median sale price for the same period of the previous year. There were 49 homes sold in Madison County in January 2023.
For context, the median sales tax in Madison County, based on the latest available data from 2020, was $2,273, which stands at 1.8% of January's median home sale price.
The following histogram displays changes in median sales prices in Madison County from January 2023 to January 2024.