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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

$448,532

AVERAGE PRICE OF 496 HOMES

$1,404,900

AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES

$480,354

AVERAGE PRICE OF 117 NEWLY BUILT HOMES

$700,145

AVERAGE PRICE OF 37 HOMES WITH A POOL

$468,965

AVERAGE PRICE OF 21 REDUCED PRICE HOMES

Average Home

Average Price $448,532
Avg Bedrooms 3.91 beds
Avg Bathrooms 3.43 baths

Average Price by Bedrooms

1 bedroom $322,700
2 bedrooms $320,600
3 bedrooms $291,716
4 bedrooms $450,131
5 bedrooms $653,073
Madison Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 509 494 486 498 487
Average Price $443,868 $443,767 $439,689 $442,642 $441,488
Avg Price Change +0.02% +0.93% -0.67% +0.26% -3.31%
Median Price $390,171 $385,901 $386,027 $389,162 $387,932
Med Price Change +1.11% -0.03% -0.81% +0.32% -1.65%
Avg Bedrooms 3.9 beds 3.9 beds 3.91 beds 3.91 beds 3.89 beds
Avg Bathrooms 3.42 baths 3.4 baths 3.39 baths 3.41 baths 3.38 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Canton 35 $370,111 124 days
Canton Career Center 2 $782,000 140 days
Germantown High School 178 $398,846 80 days
Madison Central 279 $488,417 137 days
Ridgeland 2 $345,450 79 days
Total Homes Average Price Avg Days on Site
All Homes 496 $448,532 116 days
Multi-Million Dollar Homes 10 $1,404,900 289 days
Newly Built Homes 117 $480,354 160 days
Homes with a Pool 37 $700,145 174 days
Reduced Price Homes 21 $468,965 96 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