Housing Prices in Madison County, MS
How much do homes in Madison County, MS cost?
Median List Price
$359,695
$174/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Summary: The median home list price in Madison County was $359,695 in May 2024, up 1.6% from the previous year, and the median price per square foot was $174.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $261.5K | $341.4K | +30.6% |
2 Bedrooms | $230K | $241.2K | +4.9% |
3 Bedrooms | $280K | $289.9K | +3.6% |
4 Bedrooms | $424.9K | $444.2K | +4.5% |
5+ Bedrooms | $675K | $740K | +9.6% |
Summary: Madison County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.6%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 9.6%.
Median List Price Compared To Nearby Counties
Madison County | $354.1K | $359.6K | +1.6% |
Rankin County | $272.1K | $274.9K | +1.1% |
Yazoo County | $140K | $139.9K | 0% |
Hinds County | $172.1K | $157.8K | -8.3% |
Housing Supply in Madison County, MS
How many homes are available in Madison County, MS?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
557 | 636 | +14.2% |
Summary: The Madison County real estate market had 636 homes for sale in May 2024, a 14.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 18 | 18 | 0.0% |
3 Bedrooms | 216 | 232 | +7.4% |
4 Bedrooms | 238 | 280 | +17.6% |
5+ Bedrooms | 83 | 104 | +25.3% |
Summary: The Madison County housing inventory by bedroom type for May 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 7.4%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 25.3%.
Days on Market for Madison County, MS
How long does it take to sell a home in Madison County, MS?
Average Listing Age
May 2023 | May 2024 | CHANGE |
---|---|---|
122 Days | 87 Days | -28.4% |
Summary: Homes in Madison County had an average listing age of 87 days in May 2024, down by 28.4% compared to the previous year.