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Featured local agent — Madison, AR
Sarah Mitchell
Compass Real Estate · Madison, AR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Madison, AR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$110,000median sale price
How is the Madison, AR housing market right now?
The median home sale price in Madison, AR is $110,000. Homes sell in an average of 84 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of February 2024 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Madison a buyer's or seller's market?
Madison, AR is currently a buyer's market and homes selling in about 84 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
84
Average pace
Active listings
—
Sale-to-list
84.6%
Below asking
What does the Madison housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $110,000 |
| Average days on market | 84 days |
| Sale-to-list price ratio | 84.6% |
| Median price per sq ft | $58/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Madison by property type?
How the Madison, AR market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $110,000 | $58/sq ft | 1 | 84 days |
Source: Redfin · Updated monthly
The Madison housing market is currently classified as a buyer's market with a median sale price of $110,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 84 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Madison
Explore homes currently listed for sale in Madison, Arkansas across major real estate platforms.
Who lives in Madison?
Population
574
Median income
$60,809/yr
Median age
54 years
Owner-occupied
70.0%
College grads
15.0%
Avg commute
23.3 min
Source: U.S. Census Bureau ACS
What is it like to live in Madison?
Madison is a community of approximately 1K residents with a median age of 54 years.The median household income is $60,809, which represents a working-class community with solid middle-income opportunities. 15.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 70.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Madison offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Madison, AR?
Want a head-to-head view? Compare Madison side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Madison?
The median home sale price in Madison is $110,000, down 0.0% from last year.
How long do homes stay on market in Madison?
Homes typically spend 84 days on market before going under contract.
What is the median income in Madison?
The median household income is $60,809 per year.
How much does a single-family home cost in Madison?
The median single-family home price in Madison, AR is $110,000 (about $58 per square foot).
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