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

+$5,570(+1.6%)

Key Takeaway

The list price of homes in Madison County has increased by 1.6% since last year.

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

# BEDSMay 2023May 2024CHANGE
1 $261.5K$341.4K
+30.6%
2 $230K$241.2K
+4.9%
3 $280K$289.9K
+3.6%
4 $424.9K$444.2K
+4.5%
5+ $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
+1.6%
Rankin County
+1.1%
Yazoo County
0%
Hinds County
-8.3%

Housing Supply in Madison County, MS

How many homes are available in Madison County, MS?

Number of Homes For Sale

Apr 2024May 2024CHANGE
557636+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

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 1818
0.0%
3 216232
+7.4%
4 238280
+17.6%
5+ 83104
+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 2023May 2024CHANGE
122 Days87 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.

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

Report Updated 1 Day Ago

Newest Listings in Madison County, MS

Nearby Markets to Madison County, MS

What housing markets are near Madison County, MS?