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Featured local agent — Madison, NY
Sarah Mitchell
Compass Real Estate · Madison, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Madison, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$228,500median sale price
How is the Madison, NY housing market right now?
The median home sale price in Madison, NY is $228,500, up 156.7% year-over-year. Homes sell in an average of 50 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of November 2025 — 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, NY is currently a balanced market and homes selling in about 50 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
50
Average pace
Active listings
—
Sale-to-list
100.0%
Above asking
What does the Madison housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $228,500 |
| Year-over-year price change | +156.7% |
| Average days on market | 50 days |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $80/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Madison by property type?
How the Madison, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $228,500 | $80/sq ft | 1 | 50 days |
Source: Redfin · Updated monthly
The Madison housing market is currently classified as a balanced market with a median sale price of $228,500. Prices have risen 156.7% compared to last year, with homes spending an average of 50 days on market.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 5.1x provides context for how home values compare to local earning capacity.
Homes for sale in Madison
Explore homes currently listed for sale in Madison, New York across major real estate platforms.
Who lives in Madison?
Population
392
Median income
$43,750/yr
Median age
28.3 years
Owner-occupied
62.0%
College grads
24.3%
Avg commute
24 min
Source: U.S. Census Bureau ACS
What are homes worth in Madison?
Zillow home value
$224,227
Price-to-income
5.1x
Source: Zillow Research
What is it like to live in Madison?
Madison is a community of approximately 0K residents with a median age of 28.3 years.The median household income is $43,750, which represents a working-class community with solid middle-income opportunities. 24.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 62.0%, showing a blend of owner and renter-occupied properties. The average commute time is 24 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?
1 schools tracked · 432 students
The largest public schools serving Madison, NY 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.
MADISON CENTRAL SCHOOL
Grades PK-12 · 432 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, NY?
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 $228,500, up 156.7% from last year.
How long do homes stay on market in Madison?
Homes typically spend 50 days on market before going under contract.
What is the median income in Madison?
The median household income is $43,750 per year.
What is the Zillow home value estimate for Madison?
The Zillow Home Value Index (ZHVI) for Madison is $224,227, representing the typical home value in the area.
How much does a single-family home cost in Madison?
The median single-family home price in Madison, NY is $228,500 (about $80 per square foot).
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