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Madison Market Report

$298,138

AVERAGE PRICE OF 92 HOMES

$2,600,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$521,293

AVERAGE PRICE OF 11 NEWLY BUILT HOMES

$513,750

AVERAGE PRICE OF 4 HOMES WITH A POOL

$300,881

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $298,138
Avg Bedrooms 2.9 beds
Avg Bathrooms 1.85 baths

Average Price by Bedrooms

1 bedroom $146,633
2 bedrooms $183,758
3 bedrooms $260,204
4 bedrooms $409,822
5 bedrooms $446,633
Madison Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 93 106 107 97 105
Average Price $261,793 $240,917 $235,460 $242,165 $239,173
Avg Price Change +8.67% +2.32% -2.85% +1.25% -1.34%
Median Price $226,573 $211,759 $217,124 $220,055 $219,806
Med Price Change +7.00% -2.53% -1.35% +0.11% -2.12%
Avg Bedrooms 2.84 beds 2.84 beds 2.87 beds 2.89 beds 2.8 beds
Avg Bathrooms 1.76 baths 1.76 baths 1.73 baths 1.74 baths 1.76 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Hunters Lane Comp High School 74 $265,601 50 days
Madison School 1 $425,000 141 days
Maplewood Comp High School 17 $432,311 42 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 92 $298,138 50 days
Multi-Million Dollar Homes 1 $2,600,000 26 days
Newly Built Homes 11 $521,293 77 days
Homes with a Pool 4 $513,750 67 days
Reduced Price Homes 6 $300,881 45 days