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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

$517,808

AVERAGE PRICE OF 462 HOMES

$2,291,067

AVERAGE PRICE OF 42 MULTI-MILLION DOLLAR HOMES

$597,551

AVERAGE PRICE OF 75 NEWLY BUILT HOMES

$995,416

AVERAGE PRICE OF 11 HOMES WITH A POOL

$468,887

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $517,808
Avg Bedrooms 1.83 beds
Avg Bathrooms 1.59 baths

Average Price by Bedrooms

1 bedroom $495,000
2 bedrooms $438,956
3 bedrooms $405,261
4 bedrooms $607,412
5 bedrooms $846,902
Madison Home Price Trends
  10/2023 9/2023 8/2023 7/2023 6/2023
Total Listings 446 436 446 451 447
Average Price $541,743 $546,138 $523,241 $515,014 $510,415
Avg Price Change -0.81% +4.38% +1.60% +0.90% +5.91%
Median Price $351,126 $351,330 $338,629 $344,693 $344,318
Med Price Change -0.06% +3.75% -1.79% +0.11% -3.61%
Avg Bedrooms 1.91 beds 1.93 beds 1.88 beds 1.89 beds 1.89 beds
Avg Bathrooms 1.71 baths 1.58 baths 1.43 baths 1.43 baths 1.44 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Canton 75 $431,072 172 days
Germantown 87 $444,067 105 days
Madison 17 $680,686 128 days
Madison Central 143 $455,289 138 days
Madison County 3 $173,300 199 days
Total Homes Average Price Avg Days on Site
All Homes 462 $517,808 153 days
Multi-Million Dollar Homes 42 $2,291,067 190 days
Newly Built Homes 75 $597,551 122 days
Homes with a Pool 11 $995,416 111 days
Reduced Price Homes 8 $468,887 64 days