The market continues to return to pre-pandemic levels after years of tight inventory, with increased choices for buyers across all price ranges. Notably, homes priced below $150,000 saw a 61% increase in sales compared to Q1 2024, while luxury homes above $800,000 continued their upward sales trend.

Madison County’s strong economic foundations remain intact, with population growth reaching an estimated 423,355 residents, median household income rising to $83,523, and the county’s GDP growing to $30.9 billion in 2023.

With mortgage rates averaging around 6.7% in March and inflation easing to 2.4%, the market appears to be transitioning toward greater stability, offering more opportunities for both buyers and sellers in the coming quarters.