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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 HOMES

Average 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