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Madison

Why you'd want to live in Madison

Madison, Alabama has become the fastest growing city in the state, and with that comes more restaurants, shopping, events and places to stay than ever before. In three decades, its population has increased from 4,000 to more than 50,000, and it is still growing via huntsville.org

Madison Market Report

$573,691

AVERAGE PRICE OF 851 HOMES

$686,300

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,495,386

AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

$572,249

AVERAGE PRICE OF 135 NEWLY BUILT HOMES

$747,670

AVERAGE PRICE OF 18 HOMES WITH A POOL

$453,635

AVERAGE PRICE OF 46 REDUCED PRICE HOMES

Average Home

Average Price $573,691
Avg Bedrooms 3.45 beds
Avg Bathrooms 2.93 baths

Average Price by Bedrooms

2 bedrooms $292,880
3 bedrooms $379,837
4 bedrooms $501,911
5 bedrooms $691,723
Madison Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 786 747 718 732 739
Average Price $587,385 $581,225 $575,724 $577,148 $574,635
Avg Price Change +1.06% +0.96% -0.25% +0.44% -0.71%
Median Price $473,977 $469,729 $471,741 $475,008 $470,337
Med Price Change +0.90% -0.43% -0.69% +0.99% +0.66%
Avg Bedrooms 3.44 beds 3.42 beds 3.39 beds 3.38 beds 3.39 beds
Avg Bathrooms 2.89 baths 2.86 baths 2.85 baths 2.83 baths 2.83 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bob Jones 299 $497,370 94 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 851 $573,691 118 days
Distressed Homes 3 $686,300 51 days
Multi-Million Dollar Homes 43 $2,495,386 266 days
Newly Built Homes 135 $572,249 129 days
Homes with a Pool 18 $747,670 32 days
Reduced Price Homes 46 $453,635 105 days
Legend Realty Madison | John Evans Real Estate Team
John Evans
12181 County Line Road, Suite 180
Madison, AL 35758
256-426-5466

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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