Madison Market Report
$557,811
AVERAGE PRICE OF 517 HOMES$2,066,909
AVERAGE PRICE OF 44 MULTI-MILLION DOLLAR HOMES$659,409
AVERAGE PRICE OF 120 NEWLY BUILT HOMES$860,240
AVERAGE PRICE OF 22 HOMES WITH A POOL$380,379
AVERAGE PRICE OF 10 REDUCED PRICE HOMESAverage Home
| Average Price | $557,811 |
| Avg Bedrooms | 2.58 beds |
| Avg Bathrooms | 2.18 baths |
Average Price by Bedrooms
| 1 bedroom | $497,000 |
| 2 bedrooms | $498,612 |
| 3 bedrooms | $401,475 |
| 4 bedrooms | $576,395 |
| 5 bedrooms | $829,664 |
Madison Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 555 | 568 | 573 | 562 | 571 |
| Average Price | $545,896 | $549,807 | $540,509 | $551,878 | $566,141 |
| Avg Price Change | -0.72% | +1.72% | -2.10% | -2.58% | -4.27% |
| Median Price | $398,555 | $400,442 | $398,834 | $399,844 | $413,746 |
| Med Price Change | -0.47% | +0.40% | -0.25% | -3.48% | +2.91% |
| Avg Bedrooms | 2.59 beds | 2.61 beds | 2.55 beds | 2.53 beds | 2.51 beds |
| Avg Bathrooms | 2.19 baths | 2.23 baths | 2.18 baths | 2.21 baths | 2.2 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Madison Central | 180 | $544,442 | 151 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 517 | $557,811 | 191 days |
| Multi-Million Dollar Homes | 44 | $2,066,909 | 232 days |
| Newly Built Homes | 120 | $659,409 | 127 days |
| Homes with a Pool | 22 | $860,240 | 121 days |
| Reduced Price Homes | 10 | $380,379 | 137 days |
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