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Madison Market Report

$583,020

AVERAGE PRICE OF 780 HOMES

$739,450

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,542,872

AVERAGE PRICE OF 40 MULTI-MILLION DOLLAR HOMES

$585,455

AVERAGE PRICE OF 115 NEWLY BUILT HOMES

$484,509

AVERAGE PRICE OF 11 HOMES WITH A POOL

$452,389

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

Average Home

Average Price $583,020
Avg Bedrooms 3.43 beds
Avg Bathrooms 2.87 baths

Average Price by Bedrooms

1 bedroom $149,500
2 bedrooms $289,942
3 bedrooms $404,040
4 bedrooms $494,609
5 bedrooms $667,595
Madison Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 718 732 739 722 712
Average Price $575,724 $577,148 $574,635 $578,700 $577,379
Avg Price Change -0.25% +0.44% -0.71% +0.23% +0.42%
Median Price $471,741 $475,008 $470,337 $467,232 $462,600
Med Price Change -0.69% +0.99% +0.66% +1.00% -0.93%
Avg Bedrooms 3.39 beds 3.38 beds 3.39 beds 3.38 beds 3.39 beds
Avg Bathrooms 2.85 baths 2.83 baths 2.83 baths 2.83 baths 2.82 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bob Jones 277 $530,175 94 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 780 $583,020 121 days
Distressed Homes 2 $739,450 21 days
Multi-Million Dollar Homes 40 $2,542,872 282 days
Newly Built Homes 115 $585,455 130 days
Homes with a Pool 11 $484,509 72 days
Reduced Price Homes 19 $452,389 81 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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