Housing Prices in Madison, NY

How much do homes in Madison, NY cost?

Median List Price

$184,500

$79/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$25,400(-12.1%)

Key Takeaway

The list price of homes in Madison has decreased by 12.1% since last year.

Summary: The median home list price in Madison was $184,500 in March 2024, down 12.1% from the previous year, and the median price per square foot was $79.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $209.9K$127.5K
-39.3%
4 -$229.9K
N/A
5+ -$394.4K
N/A

Summary: Madison housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 39.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Madison, NY

How many homes are available in Madison, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
440.0%

Summary: The Madison real estate market had 4 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 12
+100.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The Madison 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 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Days on Market for Madison, NY

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

Average Listing Age

Mar 2023Mar 2024CHANGE
146 Days146 Days-0.3%

Summary: Homes in Madison had an average listing age of 146 days in Mar 2024, down by 0.3% compared to the previous year.

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

Report Updated 18 Days Ago

Newest Listings in Madison, NY

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