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Metro East Sun

Sunday, November 24, 2024

Home prices in Madison County fell

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The median sale price of a home sold in the first half of 2022 in Madison County fell by $750 while total sales decreased by 7%.

From January through June of 2022, there were 2,386 homes sold, with a median sale price of $127,000 - a 0.6% decrease from the $127,750 median sale price for the same period of the previous year. There were 2,566 homes sold in Madison County in the first half of 2021.

The median sales tax in Madison County for the most recent year with available data, 2020, was $2,273 approximately 1.8% of the median home sale price for the first half of 2022.

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

Jan. - June 2021July - Dec. 2021Jan. - June 2022$127750$127750$135000$135000$127000$127000

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