🏡 Madison County, Mississippi Real Estate Report – April 2025
Hey there, future homeowners and curious minds! Let's take a fun and easy look at how the housing market in Madison County, Mississippi, is doing. We'll compare April 2025 to April 2024 and see what's been happening over the past few months. Ready? Let's go!
📊 Home Prices: A Little Up, A Little Down
- Average Home Value: As of February 2025, the average home value in Madison County was $322,869, which is a 1.1% increase from the previous year. Zillow
- Median Sale Price: In January 2025, homes were selling for a median price of $325,000, down 6.3% from January 2024.
So, while home values have slightly increased, the prices homes are actually selling for have dipped a bit.
🏠 Homes for Sale: More Choices for Buyers
- Inventory Increase: In February 2025, there were 594 homes for sale in Madison County, up 11.2% from January 2025.
This means buyers have more options to choose from compared to earlier in the year.
⏳ Time on Market: Homes Selling a Bit Faster
- Average Days on Market: Homes spent an average of 79 days on the market in February 2025, which is a decrease from previous months. FRED
Homes are selling a bit quicker, so if you see one you like, don't wait too long!
📅 Year-over-Year Snapshot: April 2024 vs. April 2025
- Home Values: Up 1.1% from April 2024 to February 2025.
- Median Sale Price: Down 6.3% from January 2024 to January 2025.
- Inventory: Increased by 11.2% from January to February 2025.
Overall, home values have slightly increased, sale prices have dipped, and there are more homes available for buyers.
Conclusion
The Madison County housing market in early 2025 shows a slight increase in home values, a decrease in sale prices, and more homes available for buyers. Homes are also selling a bit faster than before. Whether you're buying or selling, it's a dynamic market with opportunities on both
