Is Madison, AL 35756 a buyer’s or seller’s market?
Madison is a seller’s market. With about 3.4 months of supply and 23% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 44% of U.S. ZIP codes, and #63 of 249 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Madison housing market right now
In the three months ending August 31, 2026, 23% of homes in Madison, AL 35756 sold above their list price, the typical home went under contract in 64 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 268 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold more slowly (57 days then) and the median sale price rose 2% to $392,280. Overall, Madison is about as competitive as it was a year ago.
Within Limestone County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Madison ranks #63 of 249 AL ZIP codes with enough sales (score 44 out of 100).
Nearby, buyers who want less competition could look at Tanner 35671 (0% sold over asking) or Mooresville 35649 (0% sold over asking).
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Nearby markets
Ardmore 35739Seller’s market $167 /sq ftAthens 35611Balanced $158 /sq ftAthens 35613Balanced $167 /sq ftAthens 35614Balanced $149 /sq ft Browse all markets →Towns like Madison nearby
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Questions about Madison real estate
Is Madison a buyer’s or seller’s market?
A seller’s market: there were 3.4 months of supply in Madison, AL 35756 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Madison?
The typical home went under contract in 64 days in the latest three months.
Do homes in Madison sell over asking?
23% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.
What are property taxes in Madison?
About 0.32% of a home’s value a year in Limestone County, or roughly $1,280 on a $400,000 home.
What is the median home price in Madison?
The median sale price was $392,280 in the three months ending August 31, 2026, about $172 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology