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Madison Market Report

$465,456

AVERAGE PRICE OF 201 HOMES

$1,804,500

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$486,714

AVERAGE PRICE OF 37 NEWLY BUILT HOMES

$796,627

AVERAGE PRICE OF 18 HOMES WITH A POOL

$419,450

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $465,456
Avg Bedrooms 3.75 beds
Avg Bathrooms 3.28 baths

Average Price by Bedrooms

1 bedroom $332,833
2 bedrooms $297,360
3 bedrooms $304,781
4 bedrooms $486,291
5 bedrooms $664,112
Madison Home Price Trends
  5/2021 4/2021 3/2021 2/2021 1/2021
Total Listings 212 227 225 246 246
Average Price $468,593 $449,809 $460,667 $459,819 $482,038
Avg Price Change +4.18% -2.41% +0.18% -4.83% +2.34%
Median Price $397,212 $366,573 $380,295 $365,474 $396,327
Med Price Change +8.36% -3.74% +4.06% -8.44% +3.02%
Avg Bedrooms 3.85 beds 3.77 beds 3.78 beds 3.81 beds 3.87 beds
Avg Bathrooms 3.3 baths 3.23 baths 3.33 baths 3.34 baths 3.42 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Canton 23 $424,217 67 days
Germantown High School 54 $436,845 56 days
Madison Central 121 $488,026 89 days
Ridgeland 3 $386,333 28 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 201 $465,456 77 days
Multi-Million Dollar Homes 6 $1,804,500 96 days
Newly Built Homes 37 $486,714 154 days
Homes with a Pool 18 $796,627 220 days
Reduced Price Homes 2 $419,450 14 days