Why you'd want to live in Madison
Madison is a city located primarily in Madison County, near the northern border of the U.S. state of Alabama. Madison extends west into neighboring Limestone County. via wiki
Madison
Madison Market Report
$580,232
AVERAGE PRICE OF 703 HOMES$245,000
AVERAGE PRICE OF 1 DISTRESSED HOMES$2,381,925
AVERAGE PRICE OF 40 MULTI-MILLION DOLLAR HOMES$584,191
AVERAGE PRICE OF 85 NEWLY BUILT HOMES$649,357
AVERAGE PRICE OF 19 HOMES WITH A POOL$491,280
AVERAGE PRICE OF 25 REDUCED PRICE HOMESAverage Home
| Average Price | $580,232 |
| Avg Bedrooms | 3.38 beds |
| Avg Bathrooms | 2.81 baths |
Average Price by Bedrooms
| 1 bedroom | $163,000 |
| 2 bedrooms | $286,963 |
| 3 bedrooms | $403,223 |
| 4 bedrooms | $490,529 |
| 5 bedrooms | $656,275 |
Madison Home Price Trends
| 9/2023 | 8/2023 | 7/2023 | 6/2023 | 5/2023 | |
|---|---|---|---|---|---|
| Total Listings | 712 | 709 | 717 | 711 | 677 |
| Average Price | $577,379 | $574,950 | $556,685 | $570,430 | $574,655 |
| Avg Price Change | +0.42% | +3.28% | -2.47% | -0.74% | +1.53% |
| Median Price | $462,600 | $466,892 | $475,067 | $485,889 | $482,759 |
| Med Price Change | -0.93% | -1.75% | -2.28% | +0.65% | +3.64% |
| Avg Bedrooms | 3.39 beds | 3.4 beds | 3.42 beds | 3.44 beds | 3.43 beds |
| Avg Bathrooms | 2.82 baths | 2.85 baths | 2.87 baths | 2.9 baths | 2.89 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Bob Jones | 274 | $517,769 | 124 days |
| Columbia High | 122 | $411,525 | 109 days |
| East Limestone | 45 | $778,864 | 123 days |
| Jamesclemens | 149 | $563,288 | 110 days |
| Sparkman | 80 | $521,768 | 127 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 703 | $580,232 | 126 days |
| Distressed Homes | 1 | $245,000 | 117 days |
| Multi-Million Dollar Homes | 40 | $2,381,925 | 184 days |
| Newly Built Homes | 85 | $584,191 | 180 days |
| Homes with a Pool | 19 | $649,357 | 100 days |
| Reduced Price Homes | 25 | $491,280 | 85 days |
