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Ashley Wallace
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Madison Market Report

$436,539

AVERAGE PRICE OF 673 HOMES

$1,432,710

AVERAGE PRICE OF 21 MULTI-MILLION DOLLAR HOMES

$461,956

AVERAGE PRICE OF 170 NEWLY BUILT HOMES

$774,142

AVERAGE PRICE OF 42 HOMES WITH A POOL

Average Home

Average Price $436,539
Avg Bedrooms 3.96 beds
Avg Bathrooms 3.46 baths

Average Price by Bedrooms

1 bedroom $483,166
2 bedrooms $351,763
3 bedrooms $267,458
4 bedrooms $430,006
5 bedrooms $619,917
Madison Home Price Trends
  5/2018 4/2018 3/2018 2/2018 1/2018
Total Listings 665 n/a 562 522 490
Average Price $449,472 n/a $449,218 $450,259 $458,629
Avg Price Change n/a n/a -0.23% -1.86% -0.15%
Median Price $387,113 n/a $385,005 $388,346 $397,362
Med Price Change n/a n/a -0.87% -2.32% +0.81%
Avg Bedrooms 4.01 beds n/a 3.83 beds 3.57 beds 4 beds
Avg Bathrooms 3.52 baths n/a 3.51 baths 3.51 baths 3.57 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Canton 50 $469,593 136 days
Germantown High School 238 $353,965 96 days
Madison Central 381 $484,402 124 days
Ridgeland 4 $377,475 93 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 673 $436,539 115 days
Multi-Million Dollar Homes 21 $1,432,710 253 days
Newly Built Homes 170 $461,956 145 days
Homes with a Pool 42 $774,142 151 days