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
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
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $348K | $343.9K | -1.2% |
| 2 Bedrooms | $235K | $229.7K | -2.3% |
| 3 Bedrooms | $277.9K | $289K | +4.0% |
| 4 Bedrooms | $439.2K | $445K | +1.3% |
| 5+ Bedrooms | $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 | $269.9K | $272.1K | +0.8% |
| Madison County | $365.3K | $356.6K | -2.4% |
| Yazoo County | $139.9K | $130K | -7.1% |
| Hinds County | $164.9K | $150K | -9.0% |
Housing Supply in Madison County, MS
How many homes are available in Madison County, MS?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 679 | 752 | +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
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 31 | 31 | 0.0% |
| 3 Bedrooms | 290 | 302 | +4.1% |
| 4 Bedrooms | 261 | 305 | +16.9% |
| 5+ Bedrooms | 95 | 112 | +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 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 175 Days | 198 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.
