Madison Market Report
$495,737
AVERAGE PRICE OF 469 HOMES$274,500
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,518,560
AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES$501,317
AVERAGE PRICE OF 59 NEWLY BUILT HOMES$436,200
AVERAGE PRICE OF 4 HOMES WITH A POOL$460,412
AVERAGE PRICE OF 16 REDUCED PRICE HOMESAverage Home
| Average Price | $495,737 |
| Avg Bedrooms | 2.87 beds |
| Avg Bathrooms | 2.14 baths |
Average Price by Bedrooms
| 1 bedroom | $384,556 |
| 2 bedrooms | $380,626 |
| 3 bedrooms | $474,923 |
| 4 bedrooms | $656,802 |
| 5 bedrooms | $836,463 |
Madison Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 496 | 507 | 526 | 498 | 423 |
| Average Price | $485,041 | $495,704 | $497,932 | $489,484 | $461,190 |
| Avg Price Change | -2.20% | -0.45% | +1.73% | +6.13% | -2.29% |
| Median Price | $409,325 | $413,986 | $427,086 | $426,270 | $405,666 |
| Med Price Change | -1.14% | -3.16% | +0.19% | +5.08% | -1.66% |
| Avg Bedrooms | 2.88 beds | 2.87 beds | 2.88 beds | 2.87 beds | 2.81 beds |
| Avg Bathrooms | 2.13 baths | 2.11 baths | 2.14 baths | 2.15 baths | 2.14 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Memorial | 114 | $441,139 | 37 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 469 | $495,737 | 56 days |
| Distressed Homes | 1 | $274,500 | 10 days |
| Multi-Million Dollar Homes | 25 | $1,518,560 | 91 days |
| Newly Built Homes | 59 | $501,317 | 160 days |
| Homes with a Pool | 4 | $436,200 | 40 days |
| Reduced Price Homes | 16 | $460,412 | 46 days |
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