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Pat Starnes
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Madison Market Report

$428,690

AVERAGE PRICE OF 461 HOMES

$1,672,536

AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

$451,208

AVERAGE PRICE OF 135 NEWLY BUILT HOMES

$735,359

AVERAGE PRICE OF 28 HOMES WITH A POOL

$447,482

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $428,690
Avg Bedrooms 3.93 beds
Avg Bathrooms 3.4 baths

Average Price by Bedrooms

1 bedroom $425,000
2 bedrooms $490,975
3 bedrooms $238,842
4 bedrooms $449,631
5 bedrooms $608,893
Madison Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 482 531 538 549 588
Average Price $432,062 $428,311 $432,284 $433,552 $433,214
Avg Price Change +0.88% -0.93% -0.29% +0.08% -0.17%
Median Price $381,618 $376,205 $370,838 $368,991 $368,668
Med Price Change +1.44% +1.45% +0.50% +0.09% -1.10%
Avg Bedrooms 3.94 beds 3.97 beds 3.96 beds 3.96 beds 3.95 beds
Avg Bathrooms 3.42 baths 3.44 baths 3.44 baths 3.45 baths 3.45 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Canton 38 $407,655 176 days
Canton Career Center 2 $397,450 66 days
Germantown High School 167 $351,305 114 days
Madison Central 251 $484,795 154 days
Ridgeland 3 $329,633 144 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 461 $428,690 141 days
Multi-Million Dollar Homes 11 $1,672,536 381 days
Newly Built Homes 135 $451,208 150 days
Homes with a Pool 28 $735,359 208 days
Reduced Price Homes 17 $447,482 167 days
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