📊 December 2025 Real Estate Market Report — Madison & Rankin Counties
📍 Madison County Market Trends
📌 Median Sale Price: ~$360,000 — up 4.3% YoY compared with last year.
📌 Homes Sold (October 2025): 105 vs. 125 last year (down ~16% YoY).
📌 Median Days on Market: 57 days vs. 33 days last year — a sign of more thoughtful buyer activity. Redfin
Local Insight:
Prices continue rising while days on the market are increasing modestly — indicating a balanced environment where buyers have time to evaluate and sellers retain strong pricing power. Redfin
📍 Rankin County Market Trends
📌 Median Sale Price: ~$299,900 — up ~7.1% YoY.
📌 Homes Sold (October 2025): 149 vs. 143 (+4.2% YoY).
📌 Average Days on Market: ~35 days — faster than last year, reflecting strong demand. Redfin
Local Insight:
Rankin’s market shows continued buyer interest, with more homes selling and prices rising faster than in surrounding areas — a positive signal for local sellers. Redfin
📉 Inventory Snapshot
📌 Rankin County “for sale” inventory: ~559 homes active in late 2025 (latest available).
📌 Median list price: ~$321,667.
📌 Median sale price (Oct 2025): ~$258,833. Zillow
Local Insight:
Inventory levels provide options without pushing prices down — a healthy balance for both buyers and sellers. Zillow
💰 Mortgage Rate Comparison
📌 Current 30-year rates (Dec 2025): ~6.2%–6.3% nationally.
📌 Approximately a year ago (Dec 2024): ~6.6%–7.0% range.
Local Insight:
Mortgage rates remain slightly lower than last year, helping improve affordability for buyers and supporting continued market activity.
