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Madison

Madison Market Report

$470,394

AVERAGE PRICE OF 329 HOMES

$1,483,643

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$491,053

AVERAGE PRICE OF 81 NEWLY BUILT HOMES

$843,370

AVERAGE PRICE OF 29 HOMES WITH A POOL

$454,000

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $470,394
Avg Bedrooms 3.84 beds
Avg Bathrooms 3.43 baths

Average Price by Bedrooms

1 bedroom $330,875
2 bedrooms $355,580
3 bedrooms $294,604
4 bedrooms $470,530
5 bedrooms $699,247
Madison Home Price Trends
  11/2020 10/2020 9/2020 8/2020 7/2020
Total Listings 343 384 411 441 492
Average Price $467,419 $456,728 $456,076 $440,576 $445,643
Avg Price Change +2.34% +0.14% +3.52% -1.15% +0.40%
Median Price $384,550 $377,273 $391,630 $389,437 $401,137
Med Price Change +1.93% -3.81% +0.56% -3.00% +2.81%
Avg Bedrooms 3.88 beds 3.87 beds 3.89 beds 3.88 beds 3.9 beds
Avg Bathrooms 3.45 baths 3.42 baths 3.45 baths 3.4 baths 3.42 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Canton 34 $390,541 93 days
Canton Career Center 1 $949,500 302 days
Germantown High School 108 $404,204 86 days
Madison Central 183 $525,332 129 days
Ridgeland 3 $247,300 67 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 329 $470,394 111 days
Multi-Million Dollar Homes 14 $1,483,643 222 days
Newly Built Homes 81 $491,053 134 days
Homes with a Pool 29 $843,370 191 days
Reduced Price Homes 5 $454,000 127 days