Madison Market Report
$431,823
AVERAGE PRICE OF 225 HOMES$1,378,167
AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES$353,112
AVERAGE PRICE OF 88 NEWLY BUILT HOMES$336,950
AVERAGE PRICE OF 2 HOMES WITH A POOL$463,927
AVERAGE PRICE OF 11 REDUCED PRICE HOMESAverage Home
| Average Price | $431,823 |
| Avg Bedrooms | 2.63 beds |
| Avg Bathrooms | 2.18 baths |
Average Price by Bedrooms
| 1 bedroom | $119,000 |
| 2 bedrooms | $282,022 |
| 3 bedrooms | $362,397 |
| 4 bedrooms | $515,150 |
| 5 bedrooms | $613,688 |
Madison Home Price Trends
| 2/2023 | 1/2023 | 12/2022 | 11/2022 | 10/2022 | |
|---|---|---|---|---|---|
| Total Listings | 221 | 201 | 219 | 236 | 233 |
| Average Price | $429,650 | $420,878 | $416,935 | $430,231 | $430,645 |
| Avg Price Change | +2.08% | +0.95% | -3.19% | -0.10% | +5.71% |
| Median Price | $346,510 | $321,509 | $315,948 | $320,662 | $313,563 |
| Med Price Change | +7.78% | +1.76% | -1.49% | +2.26% | +0.37% |
| Avg Bedrooms | 2.63 beds | 2.57 beds | 2.47 beds | 2.4 beds | 2.44 beds |
| Avg Bathrooms | 2.25 baths | 2.24 baths | 2.09 baths | 2 baths | 2.05 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Hunters Lane Comp High School | 194 | $385,589 | 138 days |
| Madison School | 5 | $600,560 | 86 days |
| Maplewood Comp High School | 12 | $559,133 | 107 days |
| McGavock Comp High School | 1 | $315,000 | 61 days |
| Whites Creek Comp High School | 2 | $974,949 | 91 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 225 | $431,823 | 136 days |
| Multi-Million Dollar Homes | 12 | $1,378,167 | 170 days |
| Newly Built Homes | 88 | $353,112 | 201 days |
| Homes with a Pool | 2 | $336,950 | 85 days |
| Reduced Price Homes | 11 | $463,927 | 63 days |
