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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

$596,127

AVERAGE PRICE OF 545 HOMES

$2,486,308

AVERAGE PRICE OF 52 MULTI-MILLION DOLLAR HOMES

$669,233

AVERAGE PRICE OF 111 NEWLY BUILT HOMES

$932,370

AVERAGE PRICE OF 20 HOMES WITH A POOL

$653,030

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $596,127
Avg Bedrooms 2.42 beds
Avg Bathrooms 2.1 baths

Average Price by Bedrooms

1 bedroom $414,950
2 bedrooms $453,249
3 bedrooms $394,267
4 bedrooms $593,876
5 bedrooms $873,438
Madison Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 520 499 465 466 462
Average Price $576,513 $545,794 $527,647 $521,657 $522,594
Avg Price Change +5.63% +3.44% +1.15% -0.18% -1.33%
Median Price $389,687 $368,484 $351,314 $344,875 $347,095
Med Price Change +5.75% +4.89% +1.87% -0.64% -0.23%
Avg Bedrooms 2.3 beds 2.15 beds 2 beds 1.92 beds 1.86 beds
Avg Bathrooms 1.98 baths 1.84 baths 1.7 baths 1.65 baths 1.63 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Madison Central 200 $536,933 119 days
Total Homes Average Price Avg Days on Site
All Homes 545 $596,127 154 days
Multi-Million Dollar Homes 52 $2,486,308 170 days
Newly Built Homes 111 $669,233 92 days
Homes with a Pool 20 $932,370 101 days
Reduced Price Homes 20 $653,030 100 days