Madison, MS
Housing market overview · Updated weekly
$299,000median sale price
Homes sold
11
Last 12 weeks
Days on market
32
Average pace
Active listings
101
9.2 months supply
Sale-to-list
96.7%
Below asking
The Madison housing market is currently classified as a buyer's market with a median sale price of $299,000. Prices have fallen 22.3% compared to last year, with homes spending an average of 32 days on market, indicating 9.2 months of inventory.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
There are currently 101 homes listed for sale in Madison, Mississippi. The median listing price is $470K.
Active listings
101
Homes on market
Median list price
$470K
Avg. days on market
32
Days until sale
New this week
33
Newly listed
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Frequently asked questions
What is the average home price in Madison?
The median home sale price in Madison is $299,000, down 22.3% from last year.
How long do homes stay on market in Madison?
Homes typically spend 32 days on market before going under contract.
Is Madison a buyer's or seller's market?
With 9.2 months of supply, Madison is currently a buyer's market.
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