Huntsville home sales + listings see decrease in September
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Last month, the Huntsville housing market saw a decrease in number of homes listed and a decrease in sales, while median sales prices saw a slight increase.
Here’s a look at the housing market in September in Huntsville and surrounding areas:
Huntsville home prices increase slightly in September
While Huntsville saw a decrease in a few metrics, Athens saw a measurable increase in homes sold and total listings in September. Madison saw decreases in homes sold, median sales price and number of new listings last month.
Here’s a snapshot of local housing trends:
| City | Median Home Price September (% change from August) | New Listings in September (% change from August) | Homes Sold in September (% change from August) | Average Days on the Market (% change from August) |
| Huntsville | $319,900 (+1.6%) | 290 (-21.4%) | 237 (-16.3%) | 111 (+6.7%) |
| Athens | $299,900 (-2.2%) | 197 (+10.7%) | 136 (+7.1%) | 125 (-0.8%) |
| Madison | $377,000 (-0.8%) | 198 (-3.2%) | 127 (-3.8%) | 138 (+2.7) |
| Decatur | $242,000 (-6.0%) | 101 (+4.1%) | 83 (+18.6%) | 107 (+10.3%) |
Source: Valley MLS
Madison County as a whole saw 640 homes sold in September, while the median sales price stood at $316,700.
Statewide trends in August
Take a look at some statewide trends for Alabama in August, from the Alabama Economic and Real Estate Report:
- Alabama had 6,041home sales in August, a 1.7% decrease from last month and a 5.6% decrease from last year.
- The median sales price was $222,811, down 2.6% from July and $12,764 lower than a year ago. This is an annual decrease of 5.4%.
- The sold volume was $1.69 billion in August, a 3.4% decrease from July but an increase of $0.10 billion from last August. This marks a 6.3% annual increase.
- The 20,803 active listings at the end of August mark an increase of 14.7% compared to 18,136 one year ago.
- The 563 foreclosures in August represent a 2.6% month-over-month increase and a 27.7% year-over-year increase.
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