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Untitled 2026 04 14T145543.973
Haley Walden

Madison County home sales drop in April 2026; builder confidence on the rise

May 1, 2026/in Economy, Featured, Finance, Government, Housing, Lead, News, Real Estate, Research/by Haley Walden

The April 13, 2026 weekly report from the Huntsville Area Association of Realtors (HAAR), for the week ending April 4, reported that new single-family home listings in Madison County decreased by 8.7% year-over-year. That’s a significant decrease from the three-month average: an increase of 4.1% year-over-year. 

Madison County pending sales increased by 10.2% year-over-year last month, with a three-month average increase of 8.4% year-over-year. The inventory of available homes for sale increased by 5.4% year-over-year, with a three-month average increase of 7.5% year-over-year. 

Homes for sale spent 8.6% more time on the market, an average of 63 days. April’s supply of available homes remained flat. 

Last month saw a slight decrease in median sales prices, decreasing by 0.3% year-over-year. Single-family homes for sale in Madison County averaged $333,946 in April, and the average seller received 98.6% of their list price. 

Madison County’s housing affordability index for April came in at 94, a 3.3% year-over-year increase. This index indicates regional housing affordability. April’s score means the median household income was 94% of what is necessary to qualify for the median-priced home under prevailing interest rates. The higher the number, the greater the affordability. 

Builder confidence rose in March

In March 2026, the NAHB/Wells Fargo Housing Market Index (HMI) from the National Association of Home Builders (NAHB) and Wells Fargo reported that builder confidence for new single-family homes was 38 in March, up one point. On average, builders reduced their prices by 6% in February and March. Thirty-seven percent of builders reduced prices in March, as opposed to 36% in February. 

The HMI is a monthly survey that tracks the single-family housing market and rates builder confidence on a scale of zero to 100. Builders rate the housing market based on volume of current single-family home sales, anticipated sales over the next six months, and prospective buyer traffic in the market.

 

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Tags: National Association of Home Builders, Wells Fargo
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https://huntsvillebusinessjournal.com/wp-content/uploads/2026/05/Untitled-2026-04-14T145543.973.png 316 833 Haley Walden https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Haley Walden2026-05-01 12:00:492026-04-14 15:07:42Madison County home sales drop in April 2026; builder confidence on the rise
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