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Madison

Why you'd want to live in Madison

Madison, Mississippi, named for James Madison, the fourth President of the United States, grew up along a bustling railroad track in pre-Civil War Mississippi. Madison offers its residents a unique suburban hometown. The town is a planned community giving priority to safety, comfort and a small-town atmosphere. We invite you to experience and share our hometown spirit. A once small farming community, Madison is now your passport to the best the world has to offer! Small-town flavor nestled close to the amenities of a large metropolitan area, Madison also offers an international doorway to business, recreational and educational experiences through its sister city relationship with Solleftea, Sweden. via Madison The City

Madison Market Report

$484,950

AVERAGE PRICE OF 240 HOMES

$1,623,500

AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES

$480,486

AVERAGE PRICE OF 67 NEWLY BUILT HOMES

$1,000,017

AVERAGE PRICE OF 23 HOMES WITH A POOL

$293,675

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $484,950
Avg Bedrooms 3.87 beds
Avg Bathrooms 3.43 baths

Average Price by Bedrooms

1 bedroom $354,500
2 bedrooms $354,500
3 bedrooms $296,721
4 bedrooms $466,148
5 bedrooms $724,066
Madison Home Price Trends
  12/2020 11/2020 10/2020 9/2020 8/2020
Total Listings 298 343 384 411 441
Average Price $471,029 $467,419 $456,728 $456,076 $440,576
Avg Price Change +0.77% +2.34% +0.14% +3.52% -1.15%
Median Price $384,704 $384,550 $377,273 $391,630 $389,437
Med Price Change +0.04% +1.93% -3.81% +0.56% -3.00%
Avg Bedrooms 3.83 beds 3.88 beds 3.87 beds 3.89 beds 3.88 beds
Avg Bathrooms 3.4 baths 3.45 baths 3.42 baths 3.45 baths 3.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Canton 24 $383,029 115 days
Germantown High School 73 $413,471 101 days
Madison Central 142 $541,510 144 days
Ridgeland 1 $117,500 50 days
Total Homes Average Price Avg Days on Site
All Homes 240 $484,950 128 days
Multi-Million Dollar Homes 10 $1,623,500 159 days
Newly Built Homes 67 $480,486 161 days
Homes with a Pool 23 $1,000,017 223 days
Reduced Price Homes 4 $293,675 67 days