Madison Market Report
$436,216
AVERAGE PRICE OF 226 HOMES$1,360,615
AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES$352,373
AVERAGE PRICE OF 88 NEWLY BUILT HOMES$336,950
AVERAGE PRICE OF 2 HOMES WITH A POOL$461,957
AVERAGE PRICE OF 7 REDUCED PRICE HOMESAverage Home
| Average Price | $436,216 |
| Avg Bedrooms | 2.62 beds |
| Avg Bathrooms | 2.17 baths |
Average Price by Bedrooms
| 1 bedroom | $119,000 |
| 2 bedrooms | $288,261 |
| 3 bedrooms | $365,415 |
| 4 bedrooms | $541,143 |
| 5 bedrooms | $613,688 |
Madison Home Price Trends
| 3/2023 | 2/2023 | 1/2023 | 12/2022 | 11/2022 | |
|---|---|---|---|---|---|
| Total Listings | 228 | 221 | 201 | 219 | 236 |
| Average Price | $431,743 | $429,650 | $420,878 | $416,935 | $430,231 |
| Avg Price Change | +0.49% | +2.08% | +0.95% | -3.19% | -0.10% |
| Median Price | $348,682 | $346,510 | $321,509 | $315,948 | $320,662 |
| Med Price Change | +0.63% | +7.78% | +1.76% | -1.49% | +2.26% |
| Avg Bedrooms | 2.61 beds | 2.63 beds | 2.57 beds | 2.47 beds | 2.4 beds |
| Avg Bathrooms | 2.18 baths | 2.25 baths | 2.24 baths | 2.09 baths | 2 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Hunters Lane Comp High School | 197 | $389,055 | 139 days |
| Madison School | 5 | $600,560 | 90 days |
| Maplewood Comp High School | 10 | $629,460 | 125 days |
| McGavock Comp High School | 1 | $315,000 | 65 days |
| Whites Creek Comp High School | 2 | $974,949 | 95 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 226 | $436,216 | 139 days |
| Multi-Million Dollar Homes | 13 | $1,360,615 | 160 days |
| Newly Built Homes | 88 | $352,373 | 205 days |
| Homes with a Pool | 2 | $336,950 | 89 days |
| Reduced Price Homes | 7 | $461,957 | 33 days |
