Allen Tate/Beverly-Hanks Q2 2024 Market Report

MADISON COUNTY SALES BY PROPERTY TYPE

SINGLE-FAMILY RESIDENCE 68 2023: 66

CONDO/ TOWNHOUSE 1 2023: 2

LOTS (0–10 ACRES) 24 2023: 12

ACREAGE (10+ ACRES)

2023: 13 16

HOMES SOLD

HOMES FOR SALE Year Over Year -10%

1 2 7

$0-99,999

$100,000-199,999

$200,000-299,999

15 20 10

$300,000-399,999

$400,000-499,999

1

$0-99,999

$500,000-599,999

4

$100,000-199,999

4 3 4 0

$600,000-699,999

4

$200,000-299,999

$700,000-799,999

23

$300,000-399,999

$800,000-899,999

16

$400,000-499,999

$900,000-999,999

10

$500,000-599,999

3 TOTAL: 69

$1,000,000+

3

$600,000-699,999

6

$700,000-799,999

MEDIAN SALES PRICE $ 421,990

5

$800,000-899,999

3

$900,000-999,999

9 TOTAL: 84

$1,000,000+

SALES PACE

Days on Market

175

41

Homes Sold per Month

12

20

2014

2019

2024

LOTS

ACREAGE

p p p q q

p q q q q

Parcels Sold

24

Parcels Sold

16

Avg Sales Price (Per Lot) Days on Market (closed) Days on Market (active)

$84,016

Avg Sales Price (Per Acre) Days on Market (closed) Days on Market (active)

$8,040

301 470

99

310

Months of inventory

20

Months of inventory

9

ALLENTATE.COM/WNCMARKETRESEARCHCENTER

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