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Featured local agent — Madison, GA
Sarah Mitchell
Compass Real Estate · Madison, GA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Madison, GA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$442,500median sale price
How is the Madison, GA housing market right now?
The median home sale price in Madison, GA is $442,500, down 36.6% year-over-year. Homes sell in an average of 60 days with 30 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — 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, GA is currently a leaning buyer's, based on 5.0 months of supply and homes selling in about 60 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
60
Average pace
Active listings
30
5.0 months supply
Sale-to-list
96.8%
Below asking
What does the Madison housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $442,500 |
| Median list price | $519,900 |
| Year-over-year price change | -36.6% |
| Average days on market | 60 days |
| Active inventory | 30 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 96.8% |
| Median price per sq ft | $229/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 9 |
| Listings with a price cut | 30.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Madison by property type?
How the Madison, GA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $442,500 | $229/sq ft | 6 | 60 days |
| Condo / Co-op | $560,000 | $249/sq ft | 1 | 115 days |
Source: Redfin · Updated monthly
The Madison housing market is currently classified as a leaning buyer's with a median sale price of $442,500. Prices have fallen 36.6% compared to last year, with homes spending an average of 60 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.6x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Madison
There are currently 30 homes listed for sale in Madison, Georgia. The median listing price is $520K.
Active listings
30
Homes on market
Median list price
$520K
Avg. days on market
60
Days until sale
New this week
9
Newly listed
Who lives in Madison?
Population
4,714
Median income
$79,133/yr
Median age
37.5 years
Owner-occupied
40.5%
College grads
42.4%
Avg commute
15 min
Source: U.S. Census Bureau ACS
What are homes worth in Madison?
Zillow home value
$442,254
Price-to-income
5.6x
Source: Zillow Research
What is it like to live in Madison?
Madison is a community of approximately 5K residents with a median age of 37.5 years.The median household income is $79,133, which reflects a relatively affluent area with strong earning potential. 42.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 40.5%, showing a blend of owner and renter-occupied properties. The average commute time is 15 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 public schools serve Madison?
4 schools tracked · 3,495 students
The largest public schools serving Madison, GA 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.
Morgan County High School
Grades 9-12 · 1,065 students
Morgan County Primary School
Grades PK-2 · 862 students
Morgan County Middle School
Grades 6-8 · 792 students
Morgan County Elementary School
Grades 3-5 · 776 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Madison, GA?
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 $442,500, down 36.6% from last year.
How long do homes stay on market in Madison?
Homes typically spend 60 days on market before going under contract.
What is the median income in Madison?
The median household income is $79,133 per year.
Is Madison a buyer's or seller's market?
With 5.0 months of supply, Madison is currently a leaning buyer's.
What is the Zillow home value estimate for Madison?
The Zillow Home Value Index (ZHVI) for Madison is $442,254, representing the typical home value in the area.
What is the median condo price in Madison?
The median condo/co-op sale price in Madison, GA is $560,000, compared to $442,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Madison?
The median single-family home price in Madison, GA is $442,500 (about $229 per square foot).
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