Let’s cut to the chase: if you’re a homeowner in Madison County, the current market has a message for you—buyers are showing up, offers are coming in, and sellers still hold a solid seat at the table. But is this officially a “seller’s market”? Let’s take a look at the numbers. 👇
📊 This Week’s Madison County Market Snapshot:
- 💰 Average Sold Price: $296,144
- ⏱️ Average Days on Market: 57
- 🔑 Sold Listings: 29
- 📉 List-to-Sold Price Ratio: 98.12%
- 🆕 New Listings: 36
- ✅ Under Contract: 37
🏠 So… Is This a Seller’s Market?
Short answer: Yes—but with a twist. 😉
A classic seller’s market typically means more demand than supply—think fewer homes available, faster sales, and higher offers. And while we’re not in the white-hot frenzy of 2021, Madison County’s market is still tilting in favor of sellers who price and prepare wisely.
Let’s break it down:
- 📍 Homes are still selling close to list price. With sellers averaging 98.12% of asking, buyers are showing they’re serious when the home is priced right.
- ⏳ 57 days on market isn’t lightning-fast, but it’s healthy—and definitely not sluggish.
- 🔄 Inventory is moving. With 36 new listings and 37 under contract, the turnover tells us demand is alive and well.
💡 What This Means for Sellers
If you’ve been on the fence about listing, here’s the reality: there’s still plenty of opportunity to win—especially if your home is move-in ready and priced with strategy. 🏆 Buyers are looking, and well-presented homes are holding value.
📣 Don’t wait for “the perfect market.” You may already be in it.
🛍️ What This Means for Buyers
Competition hasn’t disappeared—it’s just gotten smarter. Today’s buyers are watching interest rates 👀 and expecting homes to be worth the price tag.
That means:
- ✅ Due diligence
- ✍️ Fair offers
- 🏃♀️ Fast decisions
if you don’t want to lose out.
🔍 Final Word
Yes, Madison County is still a seller’s market—but it’s also a more balanced one. ⚖️ That’s not a bad thing. In fact, it means deals are happening for both sides when expectations are realistic and guided by strategy.
Whether you’re ready to list, looking to buy, or just keeping tabs on the market—I’m here to help you navigate it confidently. Let’s chat. 📲
—
Devin Todd Ramsey, Your Madison County Real Estate Expert