In March 2023, the median sale price of a home in Madison County rose by $1,000 from the same period in the previous year, while total sales decreased by 22.9%, according to BlockShopper.com.
Data shows that there were 303 homes sold in March 2023, with a median sale price of $126,000 - a 0.8% increase over the $125,000 median sale price for the same period of the previous year. There were 393 homes sold in Madison County in March 2022.
For context, the median sales tax in Madison County, based on the latest available data from 2020, was $2,273, which stands at 1.8% of March 2023's median home sale price.
The following histogram displays changes in median sales prices in Madison County from March 2022 to March 2023.