MyMarketPulse (mymarketpulse.com) just released its analysis of the May 2024 market data for Madison County, Tennessee.
The report shows that the Median Sale Price in Madison County reached $283,700 as of May 2024, marking a decrease of 3.1% over the previous month and a 5.1% rise compared to a year ago.
The area witnessed the sale of 124 homes during this period, which is a 47.6% increase from the preceding month and an increase of 9.7% compared to the same timeframe last year.
The median time homes spent on the market was 27 days, which is down 7 days compared to last month and an increase of 7 days over the previous year.
Currently, with a Market Pulse Score of 113, Madison County’s real estate market appears to be experiencing an upturn.
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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