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Ashley Wallace
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Madison Market Report

$433,622

AVERAGE PRICE OF 533 HOMES

$1,838,492

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$475,017

AVERAGE PRICE OF 124 NEWLY BUILT HOMES

$758,914

AVERAGE PRICE OF 42 HOMES WITH A POOL

$379,760

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $433,622
Avg Bedrooms 3.92 beds
Avg Bathrooms 3.4 baths

Average Price by Bedrooms

1 bedroom $425,000
2 bedrooms $294,537
3 bedrooms $246,326
4 bedrooms $454,471
5 bedrooms $595,538
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 35 $412,000 172 days
Germantown High School 177 $358,521 111 days
Madison Central 317 $478,732 127 days
Ridgeland 4 $370,975 150 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 533 $433,622 125 days
Multi-Million Dollar Homes 12 $1,838,492 396 days
Newly Built Homes 124 $475,017 160 days
Homes with a Pool 42 $758,914 170 days
Reduced Price Homes 15 $379,760 112 days
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