Madison Market Report
$562,601
AVERAGE PRICE OF 840 HOMES$672,450
AVERAGE PRICE OF 2 DISTRESSED HOMES$2,657,211
AVERAGE PRICE OF 34 MULTI-MILLION DOLLAR HOMES$577,311
AVERAGE PRICE OF 183 NEWLY BUILT HOMES$640,304
AVERAGE PRICE OF 25 HOMES WITH A POOL$419,406
AVERAGE PRICE OF 19 REDUCED PRICE HOMESAverage Home
| Average Price | $562,601 |
| Avg Bedrooms | 3.43 beds |
| Avg Bathrooms | 2.91 baths |
Average Price by Bedrooms
| 2 bedrooms | $256,536 |
| 3 bedrooms | $382,592 |
| 4 bedrooms | $516,813 |
| 5 bedrooms | $675,641 |
Madison Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 870 | 913 | 956 | 953 | 943 |
| Average Price | $564,963 | $556,495 | $549,733 | $551,235 | $568,121 |
| Avg Price Change | +1.52% | +1.23% | -0.27% | -3.06% | -1.46% |
| Median Price | $456,742 | $446,720 | $435,217 | $436,601 | $452,663 |
| Med Price Change | +2.24% | +2.64% | -0.32% | -3.68% | -2.80% |
| Avg Bedrooms | 3.45 beds | 3.43 beds | 3.45 beds | 3.46 beds | 3.45 beds |
| Avg Bathrooms | 2.94 baths | 2.94 baths | 2.94 baths | 2.93 baths | 2.95 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Bob Jones | 283 | $519,264 | 143 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 840 | $562,601 | 148 days |
| Distressed Homes | 2 | $672,450 | 113 days |
| Multi-Million Dollar Homes | 34 | $2,657,211 | 334 days |
| Newly Built Homes | 183 | $577,311 | 198 days |
| Homes with a Pool | 25 | $640,304 | 78 days |
| Reduced Price Homes | 19 | $419,406 | 173 days |
