đź“ŤThe Impact of Interest Rates on Madison County Real Estate: Weekly Update
Let’s talk about the elephant in the room: interest rates.
They’ve been a hot topic for months — and while headlines love to stir panic, here’s the truth about what we’re seeing right here in Madison County real estate.
The market isn’t crashing. It’s shifting. And understanding how interest rates are shaping buyer behavior, seller strategy, and price dynamics is the key to making smart moves right now.
Here’s what the numbers are telling us this week:
- Average Sold Price: $272,998
A strong indicator that property values are holding steady — even with rate pressure, the market isn’t backing down. Buyers are still investing in Madison County, and homes priced right are still moving. - Average Days on Market: 92
Yes, homes are sitting a bit longer — and that’s normal in a transitioning market. It’s not about panic, it’s about positioning. The right marketing and a strategic price make all the difference. - Sold Listings: 23
That’s 23 families who made a move last week — proof that deals are still getting done. This isn’t a waiting game, it’s a strategy game. - Average List-to-Sold Price: 93.2%
Sellers — take note. Buyers are watching those interest rates, and they’re negotiating accordingly. That’s why overpricing is a bigger risk now than ever. You need to lead with value and meet the market where it is — not where it was last year. - New Listings: 35
Inventory is coming in — slowly but surely. That gives buyers a little more breathing room, but competition is still alive and well for turnkey, well-priced homes. - Under Contract: 27
That’s 27 homes that went under contract — interest rates didn’t stop those buyers from making moves. The serious ones are still out there — and they’re ready.
So, what’s the takeaway?
Interest rates have changed the market — not killed it.
The days of 2.5% mortgages are behind us, but that doesn’t mean opportunity is. It just means buyers and sellers need a little more clarity, a little more strategy, and a lot less guesswork.
Whether you’re thinking about buying your first home, upgrading, or listing your place — the market isn’t about timing anymore. It’s about being informed, being prepared, and having a trusted guide in your corner.
📞 Let’s connect. I’d love to talk about what these numbers mean for your specific goals — and how we can make your next move a smart one.
As always — real talk, no pressure.