Market report, updated

Market Report

Search in the county of Madison

Jon Tharp Homes w/ Keller Williams logo
Report prepared by Jon Tharp Homes w/ Keller Williams

Market at a glance

Over the last 6 months, homes sold for 95.2% of list price in 192 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $2M Sold · $1.91M
$2.2M$1.5M$800K$100K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 3 sales in Jun. Last month: 0.

Where the market stands

All homes in this report, by status.

18homes
Active9 · 50%
Sold (6 mo)9 · 50%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$800K
Sold$667K

Average days on market

Active160 days
Sold192 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 9
Average list price $799,977
Avg. days on market 160 days
Avg. price per ft² $358
Avg. living area 2,098 ft²
Avg. beds / baths 2.9 / 1.9

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$3M$2M$1M$0

Price vs. living area: 9 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

8485 Meadow Fork Road$624
122 Running Deer Lane$609
145 Kirks Drive$488
789 & 00000 Morrow Branch Road$356
789 Morrow Branch Road$323
6090 Us 23 Highway$267
290 Appalachian Way$253

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
278 Kelses Valley DriveMars Hill, NC 28754 222,488$399,900$16046 days
1712 Little Creek RoadHot Springs, NC 28743 111,204$175,000$14560 days
8485 Meadow Fork RoadHot Springs, NC 28743 311,601$1,000,000$62487 days
789 & 00000 Morrow Branch RoadLeicester, NC 28748 332,315$825,000$35684 days
789 Morrow Branch RoadLeicester, NC 28748 332,315$750,000$32384 days
145 Kirks DriveHot Springs, NC 28743 411,483$725,000$488191 days
122 Running Deer LaneMars Hill, NC 28754 333,938$2,400,000$609198 days
6090 Us 23 HighwayMars Hill, NC 28754 311,959$525,000$267227 days
290 Appalachian WayMars Hill, NC 28754 421,580$399,900$253467 days
Jon Tharp Homes w/ Keller Williams logo

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Jon Tharp Homes w/ Keller Williams

Next steps

How much is your home worth?

...get instant property value now!

Free and instant. We can follow up with a detailed valuation.

“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Real Estate Company nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”