Madison Market Report
$391,063
AVERAGE PRICE OF 299 HOMES$1,753,581
AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES$395,187
AVERAGE PRICE OF 40 NEWLY BUILT HOMES$460,512
AVERAGE PRICE OF 39 HOMES WITH A POOL$248,266
AVERAGE PRICE OF 3 REDUCED PRICE HOMESAverage Home
| Average Price | $391,063 |
| Avg Bedrooms | 2.59 beds |
| Avg Bathrooms | 2.03 baths |
Average Price by Bedrooms
| 1 bedroom | $146,633 |
| 2 bedrooms | $224,484 |
| 3 bedrooms | $404,088 |
| 4 bedrooms | $480,178 |
| 5 bedrooms | $593,742 |
Madison Home Price Trends
| 11/2021 | 10/2021 | 9/2021 | 8/2021 | 7/2021 | |
|---|---|---|---|---|---|
| Total Listings | n/a | 136 | 132 | 129 | 127 |
| Average Price | n/a | $345,308 | $337,712 | $322,400 | $318,831 |
| Avg Price Change | n/a | +2.25% | +4.75% | +1.12% | -2.15% |
| Median Price | n/a | $332,236 | $314,326 | $295,570 | $290,235 |
| Med Price Change | n/a | +5.70% | +6.35% | +1.84% | -7.79% |
| Avg Bedrooms | n/a | 2.92 beds | 2.85 beds | 2.79 beds | 2.79 beds |
| Avg Bathrooms | n/a | 2.3 baths | 2.26 baths | 2.27 baths | 2.2 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Hillsboro Comp High School | 2 | $132,000 | 21 days |
| Hunters Lane Comp High School | 227 | $369,634 | 37 days |
| Madison School | 2 | $360,000 | 34 days |
| Maplewood Comp High School | 59 | $422,276 | 68 days |
| Stratford Stem Magnet School Upper Campus | 3 | $311,300 | 30 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 299 | $391,063 | 42 days |
| Multi-Million Dollar Homes | 8 | $1,753,581 | 16 days |
| Newly Built Homes | 40 | $395,187 | 81 days |
| Homes with a Pool | 39 | $460,512 | 69 days |
| Reduced Price Homes | 3 | $248,266 | 11 days |
