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Pat Starnes
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Madison Market Report

$434,734

AVERAGE PRICE OF 542 HOMES

$1,836,825

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$470,940

AVERAGE PRICE OF 127 NEWLY BUILT HOMES

$758,474

AVERAGE PRICE OF 43 HOMES WITH A POOL

$525,109

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $434,734
Avg Bedrooms 3.92 beds
Avg Bathrooms 3.4 baths

Average Price by Bedrooms

1 bedroom $425,000
2 bedrooms $294,537
3 bedrooms $253,494
4 bedrooms $452,095
5 bedrooms $599,501
Madison Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 487 454 482 531 538
Average Price $433,209 $431,716 $432,062 $428,311 $432,284
Avg Price Change +0.35% -0.08% +0.88% -0.93% -0.29%
Median Price $374,830 $378,183 $381,618 $376,205 $370,838
Med Price Change -0.89% -0.91% +1.44% +1.45% +0.50%
Avg Bedrooms 3.93 beds 3.93 beds 3.94 beds 3.97 beds 3.96 beds
Avg Bathrooms 3.41 baths 3.41 baths 3.42 baths 3.44 baths 3.44 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Canton 39 $421,353 156 days
Germantown High School 179 $358,713 111 days
Madison Central 320 $479,686 127 days
Ridgeland 4 $370,975 152 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 542 $434,734 124 days
Multi-Million Dollar Homes 12 $1,836,825 398 days
Newly Built Homes 127 $470,940 157 days
Homes with a Pool 43 $758,474 167 days
Reduced Price Homes 11 $525,109 94 days
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