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Madison Market Report

$480,003

AVERAGE PRICE OF 249 HOMES

$1,670,667

AVERAGE PRICE OF 9 MULTI-MILLION DOLLAR HOMES

$469,306

AVERAGE PRICE OF 72 NEWLY BUILT HOMES

$963,104

AVERAGE PRICE OF 23 HOMES WITH A POOL

$417,078

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $480,003
Avg Bedrooms 3.86 beds
Avg Bathrooms 3.39 baths

Average Price by Bedrooms

1 bedroom $354,500
2 bedrooms $354,500
3 bedrooms $299,330
4 bedrooms $466,429
5 bedrooms $711,628
Madison Home Price Trends
  12/2020 11/2020 10/2020 9/2020 8/2020
Total Listings 298 343 384 411 441
Average Price $471,029 $467,419 $456,728 $456,076 $440,576
Avg Price Change +0.77% +2.34% +0.14% +3.52% -1.15%
Median Price $384,704 $384,550 $377,273 $391,630 $389,437
Med Price Change +0.04% +1.93% -3.81% +0.56% -3.00%
Avg Bedrooms 3.83 beds 3.88 beds 3.87 beds 3.89 beds 3.88 beds
Avg Bathrooms 3.4 baths 3.45 baths 3.42 baths 3.45 baths 3.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Canton 28 $370,525 102 days
Germantown High School 79 $411,256 98 days
Madison Central 141 $542,832 143 days
Ridgeland 1 $117,500 47 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 249 $480,003 124 days
Multi-Million Dollar Homes 9 $1,670,667 174 days
Newly Built Homes 72 $469,306 150 days
Homes with a Pool 23 $963,104 225 days
Reduced Price Homes 7 $417,078 91 days