Reviewed by: Elizabeth Hobbs
Home sales down in Huntsville area while median prices increase
Reading time: 2 minutes
The Huntsville real estate market remains strong as an average of 12 new people are moving to the area every day (according to stats from 2024). In January, we saw a newer trend in the market, with the number of homes sold decreasing in Huntsville and surrounding cities, while the number of new listings and median sales price increased in those same cities.
What does that mean for the Huntsville market? Read more to find out:
A look at home sales in the Huntsville metro
Some key takeaways from the most recent real estate markets reports from Valley MLS is that new listings increased significantly in January in Huntsville, Athens, Madison and Decatur.
At the same time median sales prices increased for Athens, Huntsville and Madison.
Here’s a look at January trends for Huntsville and neighboring cities:
| City | Median Home Price in December (% change from November) | New Listings in December (% change from November) | Homes Sold in December (% change from November) | Average Days on the Market (% change from November) |
| Huntsville | $325,000 (+3.2%) | 271 (+35.5%) | 165 (-28.9%) | 126 (-7.3%) |
| Athens | $305,000 (+5.2%) | 184 (+10.2%) | 73 (-30.5%) | 118 (-4.8%) |
| Madison | $424,950 (+10.1%) | 184 (+19.4%) | 122 (-6.9%) | 155 (+1.3) |
| Decatur | $205,500 (-20.1%) | 76 (+61.7%) | 54 (-25%) | 131 (+2.3%) |
Source: Valley MLS
What do January’s numbers mean for local real estate?
Realtor Jeanette McWhorter of First Choice Real Estate said the numbers we are seeing from January reflect a fairly typical early-year pattern for the local real estate market.
“We’re seeing a big jump in new listings, but buyer activity didn’t keep pace in January. That drop in homes sold (especially Huntsville and Athens) likely reflects typical early-year market patterns, interest rate hesitation, and buyers taking longer to make decisions.”
Jeanette McWhorter, First Choice Real Estate
Additionally, McWhorter said rising sales prices are indicative of increased demand, which bodes well for the market.
“The fact that median prices still rose in Athens, Huntsville and Madison shows demand is still strong — it’s just moving more cautiously.”
Jeanette McWhorter, First Choice Real Estate
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