Madison Market Report

$505,497

AVERAGE PRICE OF 186 HOMES

$1,684,545

AVERAGE PRICE OF 9 MULTI-MILLION DOLLAR HOMES

$563,378

AVERAGE PRICE OF 40 NEWLY BUILT HOMES

$862,811

AVERAGE PRICE OF 17 HOMES WITH A POOL

$434,500

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $505,497
Avg Bedrooms 3.89 beds
Avg Bathrooms 3.39 baths

Average Price by Bedrooms

1 bedroom $332,833
2 bedrooms $439,000
3 bedrooms $347,938
4 bedrooms $461,208
5 bedrooms $716,611
Madison Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 192 198 204 212 227
Average Price $455,557 $465,608 $459,086 $468,593 $449,809
Avg Price Change -2.21% +1.42% -2.07% +4.18% -2.41%
Median Price $379,696 $394,419 $380,542 $397,212 $366,573
Med Price Change -3.88% +3.65% -4.38% +8.36% -3.74%
Avg Bedrooms 3.8 beds 3.78 beds 3.75 beds 3.85 beds 3.77 beds
Avg Bathrooms 3.26 baths 3.28 baths 3.25 baths 3.3 baths 3.23 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Canton 15 $387,302 52 days
Germantown High School 63 $434,558 47 days
Madison Central 107 $565,522 87 days
Ridgeland 1 $325,000 40 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 186 $505,497 71 days
Multi-Million Dollar Homes 9 $1,684,545 78 days
Newly Built Homes 40 $563,378 138 days
Homes with a Pool 17 $862,811 211 days
Reduced Price Homes 2 $434,500 67 days