Is Madison County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Madison County has remained a Buyer's Market.
Housing Prices in Madison County, TX
How much do homes in Madison County, TX cost?
Median Sold Price
$266,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Madison County was $266,000 in April 2024, down 5.7% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $270K | N/A |
2 Bedrooms | $97K | $170K | +75.3% |
3 Bedrooms | $282K | $249K | -11.7% |
4 Bedrooms | $342.5K | $355K | +3.6% |
5+ Bedrooms | $695K | $372.5K | -46.4% |
Summary: Madison County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 75.3%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 46.4%.
Median Sold Price Compared To Nearby Counties
Leon County | $265.5K | $336.6K | +26.8% |
Grimes County | $312.5K | $360K | +15.2% |
Brazos County | $322.8K | $323.3K | 0.2% |
Walker County | $282.2K | $273.6K | -3.1% |
Madison County | $282K | $266K | -5.7% |
Housing Supply in Madison County, TX
How many homes are available in Madison County, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 38 | +5.6% |
Summary: The Madison County real estate market had 38 homes for sale in April 2024, a 5.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 17 | 18 | +5.9% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Madison County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Madison County in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Madison County, TX
How long does it take to sell a home in Madison County, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 49 Days | +53.9% |
Summary: Homes in Madison County had an average of 49 days on market in Apr 2024, up by 53.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Madison County; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.