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Foreclosure Auction Homes in Madison, AL

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Madison, AL Foreclosures

How much do homes sell for in Madison, AL?
The average home price is currently $404,248.
In Madison, AL, how many homes are available?
There are currently 3 active home listings available in Madison.
What’s the average rental cost in Madison, AL?
The average rental price in Madison is $1,454.
What is the most expensive home in Madison?
The most expensive home sold in Madison had a price of $77,998,432.
What is currently the cheapest priced home in Madison, AL?
The cheapest home for sale in Madison is priced at $10,025.

Living in Madison, AL

Madison, Alabama, is a vibrant suburban city known for its family-friendly atmosphere and strong community spirit. It boasts a top-rated school district and various parks, making it an ideal place for families. The city features a mix of suburban charm with modern amenities, providing residents with a comfortable lifestyle.

Current Market Conditions in Madison, AL

The Madison real estate market is experiencing robust growth, driven by the influx of new residents drawn to the area’s amenities and employment opportunities. The market has seen a consistent increase in home prices over the past year as demand continues to outpace supply. Many families and young professionals are relocating to this suburb for its quality schools and access to the high-tech job market in Huntsville, contributing to higher market activity and competitive pricing.

In recent months, Madison has become a desirable choice for homebuyers, leading to faster sales and a lower average time on the market. The trend shows no sign of slowing down, with new constructions and developments catered to the growing population.

Home Value Estimator For Madison, AL

There are currently 26,475 real estate properties in Madison, AL, with a median automated valuation model (AVM) price of $355,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Madison, AL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Madison, AL, is $404,248.00, with the most expensive house in Madison, AL, topping out at $77,998,432.00 and the cheapest home in Madison, AL, clocking in at $10,025.00. In other words, there’s something for every potential homebuyer or savvy investor in Madison, AL!

Rent Prices In Madison, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Madison, AL, is on a rollercoaster ride. The average rent price in Madison, AL, is $1,454.00. Indeed, when looking to rent in Madison, AL, you can expect to pay as little as $560.00 or as much as $2,820.00, with the average rent median estimated to be $1,390.00. The good news is that finding an affordable and desirable property to rent in Madison, AL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Madison, AL Foreclosure Auction Homes


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