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Foreclosure 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 $404,646.
In Madison, AL, how many homes are available?
There are currently 204 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 $77,941,584.
What is currently the cheapest priced home in Madison, AL?
The cheapest home for sale in Madison is priced at $10,036.

Living in Madison, AL

Madison, Alabama, is a vibrant city located just west of Huntsville. Known for its family-friendly atmosphere, excellent schools, and thriving economy, it offers a high quality of life for residents. The community boasts beautiful parks, top-notch dining, and a variety of shopping options, making it an ideal place for families and professionals alike.

Current Market Conditions in Madison, AL

The real estate market in Madison is currently strong, with increasing home values and demand outpacing supply. Buyers are attracted to the area's excellent schools and family-friendly atmosphere.

Renting remains competitive, with rental prices steadily rising due to high demand, especially among young professionals and families looking for space.

Home Value Estimator For Madison, AL

There are currently 26,474 real estate properties in Madison, AL, with a median automated valuation model (AVM) price of $357,039.00. 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 $404,646.00, with the most expensive house in Madison, AL, topping out at $77,941,584.00 and the cheapest home in Madison, AL, clocking in at $10,036.00. 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 Foreclosures

Market Trend for Madison, AL

Total Listings Available: 204

Market Values:

Home Prices from $10,036 to $77,941,584

Average Sales Price: $404,646

Rental Values:

Rental from $560 to $2,820

Average Rent Value: $1,454 / month

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