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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

$549,302

AVERAGE PRICE OF 928 HOMES

$725,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,687,503

AVERAGE PRICE OF 34 MULTI-MILLION DOLLAR HOMES

$580,965

AVERAGE PRICE OF 173 NEWLY BUILT HOMES

$724,007

AVERAGE PRICE OF 22 HOMES WITH A POOL

$536,071

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $549,302
Avg Bedrooms 3.4 beds
Avg Bathrooms 2.92 baths

Average Price by Bedrooms

1 bedroom $193,000
2 bedrooms $251,536
3 bedrooms $372,081
4 bedrooms $524,861
5 bedrooms $668,262
Madison Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 956 953 943 937 932
Average Price $549,733 $551,235 $568,121 $576,435 $573,353
Avg Price Change -0.27% -3.06% -1.46% +0.54% -0.24%
Median Price $435,217 $436,601 $452,663 $465,346 $464,783
Med Price Change -0.32% -3.68% -2.80% +0.12% -0.71%
Avg Bedrooms 3.45 beds 3.46 beds 3.45 beds 3.44 beds 3.44 beds
Avg Bathrooms 2.94 baths 2.93 baths 2.95 baths 2.94 baths 2.94 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bob Jones 327 $495,338 134 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 928 $549,302 137 days
Distressed Homes 2 $725,000 192 days
Multi-Million Dollar Homes 34 $2,687,503 292 days
Newly Built Homes 173 $580,965 173 days
Homes with a Pool 22 $724,007 92 days
Reduced Price Homes 27 $536,071 158 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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