Madrid, AL
Housing market overview · Updated weekly
$193,000median sale price
Homes sold
1
Last 12 weeks
Days on market
36
Average pace
Active listings
—
Sale-to-list
101.6%
Above asking
Madrid, AL housing market analysis
The Madrid housing market is currently classified as a balanced market with a median sale price of $193,000. Homes in Madrid spend an average of 36 days on market before going under contract, which is a moderate pace, suggesting a reasonably active market with healthy demand.
Whether you're a first-time homebuyer evaluating Madrid as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Madrid with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
Market trends
Zip codes in Madrid, AL
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Frequently asked questions
What is the average home price in Madrid?
The median home sale price in Madrid is $193,000, down 0.0% from last year.
How long do homes stay on market in Madrid?
Homes typically spend 36 days on market before going under contract.
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