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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

$537,833

AVERAGE PRICE OF 178 HOMES

$1,865,890

AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES

$566,395

AVERAGE PRICE OF 42 NEWLY BUILT HOMES

$846,342

AVERAGE PRICE OF 21 HOMES WITH A POOL

$755,483

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $537,833
Avg Bedrooms 3.84 beds
Avg Bathrooms 3.44 baths

Average Price by Bedrooms

1 bedroom $332,833
2 bedrooms $299,980
3 bedrooms $340,649
4 bedrooms $530,924
5 bedrooms $776,027
Madison Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 188 192 198 204 212
Average Price $485,419 $455,557 $465,608 $459,086 $468,593
Avg Price Change +6.56% -2.21% +1.42% -2.07% +4.18%
Median Price $387,330 $379,696 $394,419 $380,542 $397,212
Med Price Change +2.01% -3.88% +3.65% -4.38% +8.36%
Avg Bedrooms 3.85 beds 3.8 beds 3.78 beds 3.75 beds 3.85 beds
Avg Bathrooms 3.33 baths 3.26 baths 3.28 baths 3.25 baths 3.3 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Canton 20 $422,876 32 days
Germantown High School 51 $421,701 43 days
Madison Central 105 $613,963 91 days
Ridgeland 2 $651,950 37 days
Total Homes Average Price Avg Days on Site
All Homes 178 $537,833 70 days
Multi-Million Dollar Homes 10 $1,865,890 74 days
Newly Built Homes 42 $566,395 136 days
Homes with a Pool 21 $846,342 173 days
Reduced Price Homes 6 $755,483 49 days