Quarter over quarter comparisons shows the greatest number of homes sold (624) was in the $200,000 to $250,000 range. Homes priced $250-$300,000 was a close second at 446 homes sold followed by 424 homes priced between $350-$500,000.
The rise in the number of homes sold in price ranges above $200,000 and the drop in the number of homes sold below $200,000 since 2018 likely reflects a long-term increase in the price of homes in Madison County, Alabama. For example, third quarter sales increased in 2020 over 2019 by 50% (424 vs 283) for homes priced between $350,000 -$500,000, 113% (117 vs 55) for $500,000 -$650,000 homes, and 181% (31 vs 11) for homes priced above $850,000.