In January 2023, the median sale price of a home in Madison County rose by $76,930 from the same period in the previous year, while total sales decreased by 96.1%, according to BlockShopper.com.
Data shows that there were 14 homes sold in January 2023, with a median sale price of $192,700 - a 66.5% increase over the $115,770 median sale price for the same period of the previous year. There were 355 homes sold in Madison County in January 2022.
For context, the median sales tax in Madison County, based on the latest available data from 2020, was $2,273, which stands at 1.2% of January 2023's median home sale price.
The following histogram displays changes in median sales prices in Madison County from January 2022 to January 2023.