MyMarketPulse (mymarketpulse.com) has unveiled its analysis for May 2024, focusing on the property market trends in Madison County, Virginia.
According to the latest data, Madison County’s Median Sale Price was pegged at $430,000, showing an increase of 1.2% from the preceding month and a drop of 4.1% from the year before.
A total of 13 homes were sold in the region, indicating a decrease of 31.6% from last month and a drop of 13.3% when compared with a year ago.
Homes remained on the market for a median of 60 days, which is up 44 days from the month before and up 21 day from the previous year.
Madison County’s Market Pulse Score currently stands at 122 indicating a rising trend for the market.
For more information about the Madison County, Virginia market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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