Madison Market Report
$552,677
AVERAGE PRICE OF 930 HOMES$725,000
AVERAGE PRICE OF 2 DISTRESSED HOMES$2,639,289
AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES$585,643
AVERAGE PRICE OF 170 NEWLY BUILT HOMES$727,894
AVERAGE PRICE OF 27 HOMES WITH A POOL$427,442
AVERAGE PRICE OF 30 REDUCED PRICE HOMESAverage Home
| Average Price | $552,677 |
| Avg Bedrooms | 3.41 beds |
| Avg Bathrooms | 2.95 baths |
Average Price by Bedrooms
| 1 bedroom | $193,000 |
| 2 bedrooms | $248,911 |
| 3 bedrooms | $377,970 |
| 4 bedrooms | $525,385 |
| 5 bedrooms | $667,315 |
Madison Home Price Trends
| 9/2024 | 8/2024 | 7/2024 | 6/2024 | 5/2024 | |
|---|---|---|---|---|---|
| Total Listings | 956 | 953 | 943 | 937 | 932 |
| Average Price | $549,733 | $551,235 | $568,121 | $576,435 | $573,353 |
| Avg Price Change | -0.27% | -3.06% | -1.46% | +0.54% | -0.24% |
| Median Price | $435,217 | $436,601 | $452,663 | $465,346 | $464,783 |
| Med Price Change | -0.32% | -3.68% | -2.80% | +0.12% | -0.71% |
| Avg Bedrooms | 3.45 beds | 3.46 beds | 3.45 beds | 3.44 beds | 3.44 beds |
| Avg Bathrooms | 2.94 baths | 2.93 baths | 2.95 baths | 2.94 baths | 2.94 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Bob Jones | 329 | $498,760 | 135 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 930 | $552,677 | 136 days |
| Distressed Homes | 2 | $725,000 | 201 days |
| Multi-Million Dollar Homes | 35 | $2,639,289 | 293 days |
| Newly Built Homes | 170 | $585,643 | 182 days |
| Homes with a Pool | 27 | $727,894 | 83 days |
| Reduced Price Homes | 30 | $427,442 | 83 days |
