Homes for Sale Under 500K in Madison, AL

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Madison, AL Housing Market Overview

Madison is a balanced market, giving buyers and sellers room to negotiate. With 3.6 months of supply and homes averaging 98 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

98

Inventory

50

Aug 2021Mar 2024Mar 2026

Median Home Price

$472,000Up 0.12%

In Mar 2026 · YoY

Aug 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
50 Up 0.04%
Newly Listed Homes
114 Up 0.20%
Months of Supply
3.6 Down 0.20%

Housing Demand

Homes Sold
70 Down 0.00%
Sale-to-List Ratio
99.3% Up 0.27%
Homes Sold Above List
21.4% Up 9.12%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Madison Market Report
  • mls-img
    Based on information from Realtracs® through Sep 13, 2026, 8:31 PM. Data courtesy of Realtracs® MLS as distributed by MLS GRID. Some IDX listings have been excluded from this website. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by Realtracs® MLS. © 2026 RealTracs Solutions. All Rights Reserved.

    Angela Fowler Real Estate, LLC | 423.320.4620 | afowler@catt.com
    Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
  • mls-imgIDX Logo
    Information Deemed Reliable But Not Guaranteed. © 2026 Georgia Multiple Listing Service. All Rights Reserved.
  • mls-img
    Based on information from the Montgomery Area Association of REALTORS® through Sep 12, 2026, 6:15 AM. Information is deemed reliable, but not guaranteed. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Copyright 2026 Multiple Listing Service of the Montgomery Area Association of REALTORS®. All Rights Reserved.
  • mls-img
    Based on information from the Greater Alabama MLS through Sep 13, 2026, 8:45 PM. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Greater Alabama MLS, Inc. All rights reserved.
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Madison, AL Housing Marketlink qauare
Homes Available icon

50

Homes Available

Median List Price icon

$ 472,000

Median List Price

Avg on Market icon

98 Days

Avg on Market

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