Housing Prices in Madison County, MS
How much do homes in Madison County, MS cost?
Median List Price
$360,205
$172/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Madison County has decreased by 1.6% since last year.
Summary: The median home list price in Madison County was $360,205 in April 2024, down 1.6% from the previous year, and the median price per square foot was $172.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $261.5K | $341.4K | +30.6% |
| 2 Bedrooms | $234.9K | $229.9K | -2.1% |
| 3 Bedrooms | $279.9K | $289.8K | +3.6% |
| 4 Bedrooms | $437K | $449.5K | +2.9% |
| 5+ Bedrooms | $709.9K | $699.9K | -1.4% |
Summary: Madison County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.6%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 1.4%.
Median List Price Compared To Nearby Counties
| Rankin County | $274.9K | $275K | 0.0% |
| Madison County | $366K | $360.2K | -1.6% |
| Yazoo County | $139K | $131.5K | -5.4% |
| Hinds County | $169K | $150.1K | -11.2% |
Housing Supply in Madison County, MS
How many homes are available in Madison County, MS?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 654 | 690 | +5.5% |
Summary: The Madison County real estate market had 690 homes for sale in April 2024, a 5.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 27 | 29 | +7.4% |
| 3 Bedrooms | 254 | 251 | -1.2% |
| 4 Bedrooms | 268 | 299 | +11.6% |
| 5+ Bedrooms | 103 | 109 | +5.8% |
Summary: The Madison County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.4%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 5.8%.
Days on Market for Madison County, MS
How long does it take to sell a home in Madison County, MS?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 124 Days | 129 Days | +4.7% |
Summary: Homes in Madison County had an average listing age of 129 days in Apr 2024, up by 4.7% compared to the previous year.
