MyMarketPulse (mymarketpulse.com) just released its analysis of the August 2024 market data for Madison County, Virginia.
The report shows that the Median Sale Price in Madison County reached $497,450 as of August 2024, marking an increase of 22.2% over the previous month and a 32.7% rise compared to a year ago.
During this period, 16 homes were sold in the area, reflecting an increase 60.0% compared to the month beforeand and an increase of 6.7% from the same month in the previous year.
Homes remained on the market for a median of 50 days, which is up 15 days from the month before and up 7 days from the previous year.
Madison County’s Market Pulse Score currently stands at 114 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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