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Madison Market Report

$571,917

AVERAGE PRICE OF 944 HOMES

$618,500

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,482,132

AVERAGE PRICE OF 47 MULTI-MILLION DOLLAR HOMES

$564,390

AVERAGE PRICE OF 165 NEWLY BUILT HOMES

$723,128

AVERAGE PRICE OF 24 HOMES WITH A POOL

$394,936

AVERAGE PRICE OF 72 REDUCED PRICE HOMES

Average Home

Average Price $571,917
Avg Bedrooms 3.45 beds
Avg Bathrooms 2.95 baths

Average Price by Bedrooms

2 bedrooms $257,096
3 bedrooms $374,911
4 bedrooms $515,951
5 bedrooms $691,781
Madison Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 937 932 850 786 747
Average Price $576,435 $573,353 $574,733 $587,385 $581,225
Avg Price Change +0.54% -0.24% -2.20% +1.06% +0.96%
Median Price $465,346 $464,783 $468,063 $473,977 $469,729
Med Price Change +0.12% -0.71% -1.26% +0.90% -0.43%
Avg Bedrooms 3.44 beds 3.44 beds 3.44 beds 3.44 beds 3.42 beds
Avg Bathrooms 2.94 baths 2.94 baths 2.93 baths 2.89 baths 2.86 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bob Jones 336 $511,834 108 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 944 $571,917 124 days
Distressed Homes 4 $618,500 97 days
Multi-Million Dollar Homes 47 $2,482,132 289 days
Newly Built Homes 165 $564,390 149 days
Homes with a Pool 24 $723,128 69 days
Reduced Price Homes 72 $394,936 89 days
Keller Williams Realty-United Home Group
1593 Hughes Road Suite A
Madison, AL 35758
256-319-3700

The data relating to ValleyMLS on this Web site derive in part from the North Alabama MLS (NALMLS) IDX datashare program. © 2024 Valley MLS, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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