Patricia and Steven Lipe sell 309 Main St. S., New Douglas

The home at 309 Main St. S., New Douglas, was sold on April 30 by Patricia and Steven Lipe for $20,000.

Morgan Gruelle was listed as the buyer.

Property taxes on the home totaled $4,669 in 2024, or 23.3% of the sale price.

This property is the only sale in New Douglas, Madison County, between March 30 and April 30.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.