Madison Market Report
$426,104
AVERAGE PRICE OF 207 HOMES$1,665,445
AVERAGE PRICE OF 9 MULTI-MILLION DOLLAR HOMES$382,081
AVERAGE PRICE OF 72 NEWLY BUILT HOMES$461,433
AVERAGE PRICE OF 6 HOMES WITH A POOL$372,662
AVERAGE PRICE OF 8 REDUCED PRICE HOMESAverage Home
| Average Price | $426,104 |
| Avg Bedrooms | 2.63 beds |
| Avg Bathrooms | 2.22 baths |
Average Price by Bedrooms
| 1 bedroom | $119,000 |
| 2 bedrooms | $277,989 |
| 3 bedrooms | $355,439 |
| 4 bedrooms | $496,719 |
| 5 bedrooms | $659,100 |
Madison Home Price Trends
| 1/2023 | 12/2022 | 11/2022 | 10/2022 | 9/2022 | |
|---|---|---|---|---|---|
| Total Listings | n/a | 219 | 236 | 233 | 238 |
| Average Price | n/a | $416,935 | $430,231 | $430,645 | $407,382 |
| Avg Price Change | n/a | -3.19% | -0.10% | +5.71% | -3.08% |
| Median Price | n/a | $315,948 | $320,662 | $313,563 | $312,403 |
| Med Price Change | n/a | -1.49% | +2.26% | +0.37% | -4.44% |
| Avg Bedrooms | n/a | 2.47 beds | 2.4 beds | 2.44 beds | 2.49 beds |
| Avg Bathrooms | n/a | 2.09 baths | 2 baths | 2.05 baths | 2.06 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Hunters Lane Comp High School | 174 | $379,777 | 125 days |
| Madison School | 3 | $586,233 | 93 days |
| Maplewood Comp High School | 17 | $514,658 | 94 days |
| Stratford Stem Magnet School Upper Campus | 1 | $160,000 | 83 days |
| Whites Creek Comp High School | 2 | $342,450 | 47 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 207 | $426,104 | 123 days |
| Multi-Million Dollar Homes | 9 | $1,665,445 | 174 days |
| Newly Built Homes | 72 | $382,081 | 195 days |
| Homes with a Pool | 6 | $461,433 | 50 days |
| Reduced Price Homes | 8 | $372,662 | 86 days |
