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Madison Market Report

$242,077

AVERAGE PRICE OF 124 HOMES

$1,200,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$274,586

AVERAGE PRICE OF 13 NEWLY BUILT HOMES

$232,150

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $242,077
Avg Bedrooms 2.95 beds
Avg Bathrooms 1.85 baths

Average Price by Bedrooms

1 bedroom $95,380
2 bedrooms $156,600
3 bedrooms $235,400
4 bedrooms $402,021
5 bedrooms $314,979
Madison Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 136 148 148 145 133
Average Price $246,294 $250,974 $253,706 $248,602 $249,292
Avg Price Change -1.90% -1.09% +2.05% -0.28% +1.26%
Median Price $232,564 $232,746 $230,178 $226,029 $220,365
Med Price Change -0.08% +1.12% +1.84% +2.57% +0.65%
Avg Bedrooms 2.73 beds 2.73 beds 2.72 beds 2.78 beds 2.9 beds
Avg Bathrooms 1.82 baths 1.76 baths 1.79 baths 1.78 baths 1.79 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Hunters Lane Comp High School 106 $229,578 60 days
Madison School 1 $221,000 10 days
Maplewood Comp High School 16 $317,893 81 days
Stratford Comp High School 1 $375,000 21 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 124 $242,077 62 days
Multi-Million Dollar Homes 1 $1,200,000 194 days
Newly Built Homes 13 $274,586 95 days
Reduced Price Homes 6 $232,150 43 days
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