With huge job growth and low interest rates, homes in Huntsville are selling fast.

The Huntsville housing market continues strong with more homes sold in the third quarter of this year than the average for the same period throughout the decade. Sales like that and fewer homes available could combine to cause higher prices ahead, researchers said.

The new analysis of the third quarter of 2019 was prepared by the University of Alabama in Huntsville for the Huntsville Area Association of Realtors.

The report also noted key area demographics, because real estate sales depend on a variety of things including need, ability to buy and confidence in future income. The Madison County population in 2010 was 334,811 people, and the most recent annual estimate in the 2018 shows a 9.5 percent increase to 366,519. Median household income is up nearly 10 percent since the decade began.

Click here to read more at AL.com ➡️ Madison County home prices stay strong with demand

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