Madison County and Huntsville AL 2013 Year End Market Report is below. There were 5073 homes sold in Madison County in 2013. That is an increase of 372 homes when compared to 2012. The breakdown by area with average home price and number of sales for each area is below.
| Area |
Average Sales Price |
Homes Sold |
| Huntsville East |
$ 262,457 |
260 |
| Huntsville North |
$ 58,538 |
439 |
| Huntsville South |
$ 171,250 |
840 |
| Huntsville Mill District |
$ 47,870 |
97 |
| Hampton Cove Area |
$ 296,918 |
407 |
| Huntsville Research Park |
$ 151,496 |
98 |
| Huntsville Zeirdt Rd Area |
$ 221,462 |
347 |
| Madison City |
$ 243,938 |
713 |
| Monrovia/Harvest |
$ 204,368 |
821 |
| Madison County NE |
$ 158,006 |
286 |
| Madison County NW |
$ 127,750 |
374 |
| Madison County Riverton/New Market |
$ 164,182 |
304 |
| Madison County Owens Cross Roads/NewHope |
$ 121,309 |
87 |
We expect 2014 to continue an upward sales trend. Interest rates are just over 4% on a 30 year fixed rate mortgage and around 3% on a 15 year mortgage. It is a great time to purchase or invest in real estate. If you or a friend are considering moving, call Mike to help today!
Huntsville AL Real Estate Broker, Mike Manosky