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Metro East Sun

Friday, May 31, 2024

Home prices in Madison County increased in 2022

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The median sale price of a home sold in 2022 in Madison County rose by $4,000 while total sales decreased by 16.3%.

From January through December of 2022, there were 4,599 homes sold, with a median sale price of $135,000 - a 3.1% increase over the $131,000 median sale price for the same period of the previous year. There were 5,494 homes sold in Madison County in 2021.

The median sales tax in Madison County for the most recent year with available data, 2020, was $2,273 approximately 1.7% of the median home sale price for 2022.

The following histogram displays changes in median sales prices in Madison County from January 2021 to December 2022.

20212022$131000$131000$135000$135000

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