In July, the median sale price of a home in Madison County fell by $20,250 from the same period in the previous year, while total sales decreased by 98.7%, according to BlockShopper.com.
Data shows that there were four homes sold in July, with a median sale price of $125,250 - a 13.9% decrease from the $145,500 median sale price for the same period of the previous year. There were 309 homes sold in Madison County in July 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 July's median home sale price.
The following histogram displays changes in median sales prices in Madison County from July 2023 to July 2024.