Housing Prices in Madison County, MS

How much do homes in Madison County, MS cost?

Median List Price

$356,650

$171/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$8,713(-2.4%)

Key Takeaway

The list price of homes in Madison County has decreased by 2.4% since last year.

Summary: The median home list price in Madison County was $356,650 in March 2024, down 2.4% from the previous year, and the median price per square foot was $171.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $348K$343.9K
-1.2%
2 $235K$229.7K
-2.3%
3 $277.9K$289K
+4.0%
4 $439.2K$445K
+1.3%
5+ $720K$696.3K
-3.3%

Summary: Madison County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 3.3%.

Median List Price Compared To Nearby Counties

Rankin County
+0.8%
Madison County
-2.4%
Yazoo County
-7.1%
Hinds County
-9.0%

Housing Supply in Madison County, MS

How many homes are available in Madison County, MS?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
679752+10.8%

Summary: The Madison County real estate market had 752 homes for sale in March 2024, a 10.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 3131
0.0%
3 290302
+4.1%
4 261305
+16.9%
5+ 95112
+17.9%

Summary: The Madison County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 17.9%.

Days on Market for Madison County, MS

How long does it take to sell a home in Madison County, MS?

Average Listing Age

Mar 2023Mar 2024CHANGE
175 Days198 Days+13.3%

Summary: Homes in Madison County had an average listing age of 198 days in Mar 2024, up by 13.3% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Madison County, MS

Nearby Markets to Madison County, MS

What housing markets are near Madison County, MS?