MyMarketPulse (mymarketpulse.com) just released its analysis of the August 2024 market data for Madison County, Tennessee.
The report shows that the Median Sale Price in Madison County reached $289,000 as of August 2024, marking an increase of 7.1% over the previous month and a 2.9% rise compared to a year ago.
Sales of homes in the region saw 91 home changing hands. This represents a decline of 15.0% from the month before and down 17.3% compared to the same month last year.
Furthermore, homes in Madison County were on the market for an average of 25 days before selling, reflecting an increase of 3 days days month-over-month and a decrease of 6 days day year-over-year.
With the Market Pulse Score sitting at 107, the trend in Madison County’s housing market seems to be rising.
For more information about the Madison County, Tennessee 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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