HAAR Updates Archives

Weekly Real Estate Market Update: Madison County

10/13/2026

Inventory Growth: The inventory of single-family homes for sale increased by 10.8% year-over-year to 2,314 active properties for the week ending October 3, 2026.
New Listings: Weekly new listings rose by 13.7% to 208 properties compared to the same period last year.
Pending Sales: Pending sales held steady with a 0.9% increase, bringing the weekly count to 113.
Pricing and Pace: For the full month of September, the median sales price for single-family homes ticked up 3.0% year-over-year to $332,202. Days on market until sale dropped significantly by 21.2% down to 41 days, while the percent of list price received remained strong and flat at 98.6%.
Months Supply: Months supply of inventory increased by 5.1% to 4.1 months, giving buyers a bit more breathing room while maintaining a balanced market.

For more detailed neighborhood statistics, tools, and local MLS data, visit ValleyMLS.com or connect with your HAAR member resources today.

09/14/2026

Slaughter Road Development: The Council held a public hearing for Proposed Ordinance No. 2026-279 regarding a 23.4-acre parcel on the west side of Slaughter Road, north of Eastview Drive. The proposal seeks to rezone roughly 19 acres from AG (Agriculture) to R-1C (Single-Family Conservation District) and 4.4 acres to B-2 commercial.
Forrest Drive Annexation & Zoning: Ordinance No. 2026-274 and Ordinance No. 2026-272 address the annexation and R-1A (Low Density Residential) zoning of 0.46 acres located at 158 Forrest Drive.
Huntsville-Browns Ferry Road Cluster Zoning: Resolution No. 2026-315-R set an upcoming public hearing for October 26, 2026, regarding a proposed RC-2 (Residential Cluster District) zoning on 20.8 acres north of Huntsville-Browns Ferry Road and east of Holladay Boulevard.
Lewter Drive Residential Annexation: Resolution No. 2026-318-R set an October 26, 2026, public hearing to consider R-1A zoning for 1.55 acres at 139 Lewter Drive.

Greenway Expansion: Resolution No. 2026-323-R authorizes a Transportation Alternative Program (TAP) application to extend the Town Madison Greenway and Singing River Trail, with the city committing a $200,000 match.
Sidewalk & Traffic Upgrades: The Council authorized TAP funding applications for the Eastview Sidewalk Design project (Resolution No. 2026-352-R) and approved a $150,000 agreement with the Madison City Board of Education for joint sidewalk construction.
Subdivision Acceptance: Star Estates Phase 2B (Resolution No. 2026-321-R) and McCaulley Manor Subdivision (Resolution No. 2026-334-R) were formally accepted into the City of Madison Maintenance Program.
Highway & Road Operations: The Council approved closeout payments for the I-565 & County Line Road interchange project, a change order for the Town Madison/I-565 signal design, and right-of-way property acquisitions for the Bradley Street Improvement project.

FY2027 Budget: Resolution No. 2026-340-R authorizes the Fiscal Year 2027 Budget for the City of Madison.
Surplus Real Estate: Resolution No. 2026-356-R authorizes an agreement with Taylor Properties Alabama, LLC, for the sale of surplus city property on Kyser Boulevard.