Madison, AL Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Madison, AL is $440,000, up 9.0% year-over-year. Homes sell in an average of 92 days with 223 active listings. The market is currently a leaning buyer's.
$440,000median sale price
Is Madison a buyer's or seller's market?
Madison, AL is currently a leaning buyer's, based on 4.6 months of supply and homes selling in about 92 days. How we determine this →
Homes sold
49
Last 12 weeks
Days on market
92
Average pace
Active listings
223
4.6 months supply
Sale-to-list
98.3%
Below asking
Madison, AL market data
| Metric | Value |
|---|---|
| Median sale price | $440,000 |
| Median list price | $424,900 |
| Year-over-year price change | +9.0% |
| Average days on market | 92 days |
| Active inventory | 223 listings |
| Months of supply | 4.6 months |
| Sale-to-list price ratio | 98.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The Madison housing market is currently classified as a leaning buyer's with a median sale price of $440,000. Prices have risen 9.0% compared to last year, with homes spending an average of 92 days on market, indicating 4.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Madison
There are currently 223 homes listed for sale in Madison, Alabama. The median listing price is $425K.
Active listings
223
Homes on market
Median list price
$425K
Avg. days on market
92
Days until sale
New this week
61
Newly listed
Top public schools in Madison
12 schools tracked · 12,400 students
The largest public schools serving Madison, AL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
James Clemens High School
Grades 9-12 · 2,121 students
Bob Jones High School
Grades 9-12 · 1,968 students
Liberty Middle School
Grades 6-8 · 1,175 students
Discovery Middle School
Grades 6-8 · 1,069 students
MidTown Elementary School
Grades PK-5 · 1,030 students
Mill Creek Elementary School
Grades PK-5 · 937 students
Heritage Elementary School
Grades K-5 · 849 students
Columbia Elementary School
Grades PK-5 · 776 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Explore nearby cities in AL
Frequently asked questions
What is the average home price in Madison?
The median home sale price in Madison is $440,000, up 9.0% from last year.
How long do homes stay on market in Madison?
Homes typically spend 92 days on market before going under contract.
Is Madison a buyer's or seller's market?
With 4.6 months of supply, Madison is currently a leaning buyer's.
Pre-launch · for real estate professionals
Reserve a slot on this page
Get your brokerage in front of buyers actively shopping this city on the Madison, AL market page when featured listings launch in the next 1-2 weeks. One brokerage slot per page, billed monthly once live.
$100 / month
Reserve slotGet Madison market alerts
Weekly updates on prices, inventory, and trends. Free forever.