Madison Market Report
$479,579
AVERAGE PRICE OF 466 HOMES$1,805,520
AVERAGE PRICE OF 40 MULTI-MILLION DOLLAR HOMES$591,451
AVERAGE PRICE OF 92 NEWLY BUILT HOMES$929,504
AVERAGE PRICE OF 21 HOMES WITH A POOL$704,420
AVERAGE PRICE OF 5 REDUCED PRICE HOMESAverage Home
| Average Price | $479,579 |
| Avg Bedrooms | 1.98 beds |
| Avg Bathrooms | 1.5 baths |
Average Price by Bedrooms
| 1 bedroom | $421,500 |
| 2 bedrooms | $497,566 |
| 3 bedrooms | $374,525 |
| 4 bedrooms | $566,403 |
| 5 bedrooms | $845,459 |
Madison Home Price Trends
| 3/2023 | 2/2023 | 1/2023 | 12/2022 | 11/2022 | |
|---|---|---|---|---|---|
| Total Listings | 442 | 439 | 397 | 387 | 373 |
| Average Price | $477,159 | $479,164 | $470,254 | $492,582 | $498,307 |
| Avg Price Change | -0.42% | +1.89% | -4.75% | -1.16% | +2.59% |
| Median Price | $371,318 | $368,708 | $362,302 | $372,958 | $368,791 |
| Med Price Change | +0.71% | +1.77% | -2.94% | +1.13% | +4.41% |
| Avg Bedrooms | 1.97 beds | 1.9 beds | 1.87 beds | 1.97 beds | 2.05 beds |
| Avg Bathrooms | 1.49 baths | 1.45 baths | 1.42 baths | 1.51 baths | 1.57 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Canton | 73 | $393,412 | 97 days |
| Germantown | 87 | $431,609 | 63 days |
| Madison | 14 | $673,807 | 71 days |
| Madison Central | 157 | $484,228 | 77 days |
| Madison County | 4 | $267,500 | 29 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 466 | $479,579 | 84 days |
| Multi-Million Dollar Homes | 40 | $1,805,520 | 97 days |
| Newly Built Homes | 92 | $591,451 | 74 days |
| Homes with a Pool | 21 | $929,504 | 72 days |
| Reduced Price Homes | 5 | $704,420 | 98 days |
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