Madison Market Report
$517,771
AVERAGE PRICE OF 165 HOMES$1,517,875
AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES$565,145
AVERAGE PRICE OF 41 NEWLY BUILT HOMES$735,716
AVERAGE PRICE OF 24 HOMES WITH A POOL$352,400
AVERAGE PRICE OF 2 REDUCED PRICE HOMESAverage Home
| Average Price | $517,771 |
| Avg Bedrooms | 3.85 beds |
| Avg Bathrooms | 3.33 baths |
Average Price by Bedrooms
| 1 bedroom | $332,833 |
| 2 bedrooms | $519,000 |
| 3 bedrooms | $359,890 |
| 4 bedrooms | $492,698 |
| 5 bedrooms | $864,406 |
Madison Home Price Trends
| 12/2021 | 11/2021 | 10/2021 | 9/2021 | 8/2021 | |
|---|---|---|---|---|---|
| Total Listings | 154 | n/a | 187 | 62 | n/a |
| Average Price | $567,884 | n/a | $533,429 | $582,122 | n/a |
| Avg Price Change | n/a | n/a | -9.13% | n/a | n/a |
| Median Price | $432,020 | n/a | $412,984 | $522,450 | n/a |
| Med Price Change | n/a | n/a | -26.51% | n/a | n/a |
| Avg Bedrooms | 3.94 beds | n/a | 3.87 beds | 4 beds | n/a |
| Avg Bathrooms | 3.45 baths | n/a | 3.45 baths | 3.73 baths | n/a |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Canton | 26 | $499,746 | 36 days |
| Germantown | 50 | $416,832 | 39 days |
| Madison | 3 | $368,266 | 54 days |
| Madison Central | 80 | $598,585 | 60 days |
| Velma Jackson | 3 | $374,300 | 12 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 165 | $517,771 | 49 days |
| Multi-Million Dollar Homes | 8 | $1,517,875 | 100 days |
| Newly Built Homes | 41 | $565,145 | 47 days |
| Homes with a Pool | 24 | $735,716 | 77 days |
| Reduced Price Homes | 2 | $352,400 | 12 days |
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