Madison County Housing Market Update: October 20
Posted on 10/20/2026
Market Overview: Fall Momentum Meets Shifting Inventory
As the fall season progresses, the Madison County real estate market continues to balance shifting buyer activity with steady inventory growth. According to the latest Weekly Market Activity Report from ValleyMLS.com, higher mortgage rates, with Freddie Mac reporting the 30-year fixed-rate mortgage averaging 7.40%, are influencing buyer pace, while inventory levels expand across both single-family homes and townhouses/condos.
For local members of HAAR, understanding these weekly and monthly shifts is crucial for guiding clients through an evolving market landscape.
Single-Family Housing Trends
Single-family homes in Madison County experienced positive gains in new listings and active inventory heading into mid-October, paired with steady pricing metrics from September.
- New Listings: Increased 17.6% year-over-year to 154 for the week ending October 10.
- Pending Sales: Adjusted to 98, representing a 22.2% decrease compared to the same period last year.
- Inventory: Rose 15.7% year-over-year, reaching 2,376 homes available for sale.
- Median Sales Price (September): Rose 3.5% to $334,000, reflecting consistent property value appreciation.
- Days on Market (September): Decreased 21.2% to 41 days, showing that well-priced homes continue to move efficiently.
- Months Supply of Inventory (September): Crept up 5.1% to 4.1 months, moving closer to a balanced market equilibrium.