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2nd Quarter 2026 - Marshall and Madison County Real Estate Market Analysis

Madison/Marshall County Market Analysis

The Marshall and Madison County housing market remains a mixed market in the second quarter of 2026, with some segments favoring buyers and others favoring sellers, but it appears to be finding equilibrium, creating a balanced landscape for both buyers and sellers as the basic laws of supply, demand, and pricing work in our market. The majority of the data illustrates the mixed market including average Days on Market, the number of home sales, and the median price of sold homes. Additionally, inventory fluctuated across nearly every price range though overall levels remained generally higher compared to the previous three years – another indication of a normalizing market.

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Number of Homes Sold: In the City of Marshall, the number of home sales increased from 2 homes in the first quarter of 2025 to 3 homes in the first quarter of 2026 while in Madison County, the number of home sales decreased from 48 sales in the first quarter of 2025 to 37 sales in the first quarter of 2026.

Number of Homes Sold

 

Inventory Levels:   A balanced market is typically defined as having six months of inventory—meaning it would take six months to sell all available homes based on the past year’s pace. Less than six months indicates a seller’s market, while more than six months signals a buyer’s market. In Marshall, inventory fluctuated across nearly every price range, though overall levels remained generally higher compared to the previous three years – an indication of a normalizing market. In Marshall, inventory levels were less than six months in many price ranges and in Madison County, inventory levels were more than six months in most price ranges.

Marshall Housing Inventory


Madison County Inventory


Median Home Sales Price: The median home sales price decreased in both Marshall and Madison County in the second quarter of 2026.

Median Home Sale Price


Average Days on Market (DOM): Average Days on Market reached its highest since 2020 in both Marshall and Madison County.

Average Days on Market

 

For a complete market analysis, view the entire report here. If you have any questions or would like a price evaluation of your house, please contact one of our agents or call us at (828) 707-9556.

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