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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

$454,403

AVERAGE PRICE OF 382 HOMES

$1,485,214

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$496,779

AVERAGE PRICE OF 73 NEWLY BUILT HOMES

$757,356

AVERAGE PRICE OF 36 HOMES WITH A POOL

$369,724

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $454,403
Avg Bedrooms 3.87 beds
Avg Bathrooms 3.41 baths

Average Price by Bedrooms

1 bedroom $330,875
2 bedrooms $400,400
3 bedrooms $277,141
4 bedrooms $459,233
5 bedrooms $643,390
Madison Home Price Trends
  9/2020 8/2020 7/2020 6/2020 5/2020
Total Listings 411 441 492 509 494
Average Price $456,076 $440,576 $445,643 $443,868 $443,767
Avg Price Change +3.52% -1.15% +0.40% +0.02% +0.93%
Median Price $391,630 $389,437 $401,137 $390,171 $385,901
Med Price Change +0.56% -3.00% +2.81% +1.11% -0.03%
Avg Bedrooms 3.89 beds 3.88 beds 3.9 beds 3.9 beds 3.9 beds
Avg Bathrooms 3.45 baths 3.4 baths 3.42 baths 3.42 baths 3.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Canton 27 $391,496 116 days
Canton Career Center 1 $995,000 259 days
Germantown High School 130 $396,042 87 days
Madison Central 221 $494,454 127 days
Ridgeland 3 $418,966 70 days
Total Homes Average Price Avg Days on Site
All Homes 382 $454,403 112 days
Multi-Million Dollar Homes 14 $1,485,214 208 days
Newly Built Homes 73 $496,779 169 days
Homes with a Pool 36 $757,356 164 days
Reduced Price Homes 4 $369,724 60 days

School Data

Highly Rated Madison Schools

10
10

MADISON STATION ELEMENTARY SCHOOL
Elementary School
Public

9

MANNSDALE ELEMENTARY SCHOOL
Elementary School
Public

9

GERMANTOWN MIDDLE SCHOOL
Middle School
Public

10

MADISON MIDDLE SCHOOL
Middle School
Public

8

OLDE TOWNE MIDDLE SCHOOL
Middle School
Public