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Huntsville AL Real Estate 2013 Year End Market Report

By: Huntsville Real Estate Expert Mike Manosky On January 24, 2014

Madison County and Huntsville AL 2013 Year End Market Report is below. There were 5073 homes sold in Madison County in 2013. That is an increase of 372 homes when compared to 2012. The breakdown by area with average home price and number of sales for each area is below.

Area Average Sales Price Homes Sold
Huntsville East $ 262,457 260
Huntsville North $ 58,538 439
Huntsville South $ 171,250 840
Huntsville Mill District $ 47,870 97
Hampton Cove Area $ 296,918 407
Huntsville Research Park $ 151,496 98
Huntsville Zeirdt Rd Area $ 221,462 347
Madison City $ 243,938 713
Monrovia/Harvest $ 204,368 821
Madison County NE $ 158,006 286
Madison County NW $ 127,750 374
Madison County Riverton/New Market $ 164,182 304
Madison County Owens Cross Roads/NewHope $ 121,309 87

We expect 2014 to continue an upward sales trend. Interest rates are just over 4% on a 30 year fixed rate mortgage and around 3% on a 15 year mortgage. It is a great time to purchase or invest in real estate. If you or a friend are considering moving, call Mike to help today!

Huntsville AL Real Estate Broker, Mike Manosky

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