Home prices, new market trends + more Huntsville area real estate stats for July

Madison real estate
Madison real estate saw a drop in median home prices in July. (Jacob Blankenship / Hville Blast)

In July, home prices in most of the communities in North Alabama remained relatively the same compared to this time last year, although in many communities we are seeing homes stay on the market a little longer than they did in 2023.

Here’s a look at the housing market here in North Alabama for July 2024:

Florence real estate market among the hottest in North Alabama

real estate
There are few spots in Alabama more charming than downtown Florence. (Hville Blast)

Real estate stats for communities in North Alabama vary by location obviously, but the biggest changes in median home price compared to last year are in Florence this month.

Here’s a look at some real estate stats from several North Alabama communities for last month:

HuntsvilleMedian Home Price: $337,000% Change from 2023: +0.3Median Days on Market: 49
MadisonMedian Home Price: $445,500% Change from 2023: -7.3Median Days on Market: 44
AthensMedian Home Price: $335,000% Change from 2023: -7.6Median Days on Market: 108
DecaturMedian Home Price: $250,000% Change from 2023: +0.7Median Days on Market: 51
FlorenceMedian Home Price: $253,000% Change from 2023: +30.9Median Days on Market: 5
GuntersvilleMedian Home Price: $274,000% Change from 2023: -8.1Median Days on Market: 80
Sources: Redfin, ACRE

The hot spots in North Alabama

Real estate agent and home buyer looking at homes in Huntsville's Twickenham district
Looking at homes in the historic Twickenham district. (Lacey Muenstermann / Hville Blast)

For more info on the hot housing markets statewide, be sure to check out the Alabama Center for Real Estate.

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Michael Seale
Michael Seale
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