Housing Prices in Madison, NY
How much do homes in Madison, NY cost?
Median List Price
$899,499
$565/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in Madison was $899,499 in April 2024, up 2.8% from the previous year, and the median price per square foot was $565.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $258K | $259.9K | +0.7% |
2 Bedrooms | $402K | $539.5K | +34.2% |
3 Bedrooms | $925K | $942.7K | +1.9% |
4 Bedrooms | $1.1M | $949K | -14.7% |
5+ Bedrooms | $1.4M | $1.4M | -4.9% |
Summary: Madison housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 34.2%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes decreased by 4.9%.
Median List Price Compared To Nearby Neighborhoods
Sheepshead Bay | $387.6K | $460.4K | +18.8% |
Midwood | $569.5K | $674K | +18.3% |
Southern Brooklyn | $622.1K | $648.3K | +4.2% |
Marine Park | $799K | $825K | +3.3% |
Madison | $874.9K | $899.4K | +2.8% |
Housing Supply in Madison, NY
How many homes are available in Madison, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 44 | -10.2% |
Summary: The Madison real estate market had 44 homes for sale in April 2024, a 10.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 11 | 0.0% |
2 Bedrooms | 10 | 7 | -30.0% |
3 Bedrooms | 20 | 19 | -5.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Madison 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 decreased by 30%, 3 bedroom homes decreased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Days on Market for Madison, NY
How long does it take to sell a home in Madison, NY?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
245 Days | 144 Days | -41.4% |
Summary: Homes in Madison had an average listing age of 144 days in Apr 2024, down by 41.4% compared to the previous year.