Madison, MS Foreclosures
How much do homes sell for in Madison, MS?
The average home price is currently $427,869.
In Madison, MS, how many homes are available?
There are currently 80 active home listings available in Madison.
What’s the average rental cost in Madison, MS?
The average rental price in Madison is $2,133.
What is the most expensive home in Madison?
The most expensive home sold in Madison had a price of $5,539,249.
What is currently the cheapest priced home in Madison, MS?
The cheapest home for sale in Madison is priced at $11,916.
Living in Madison, MS
Madison, MS, is a suburban gem known for its exceptional schools, community spirit, and beautiful parks. With a perfect blend of small-town charm and modern conveniences, it offers a serene lifestyle just a stone's throw from Jackson. Families and young professionals alike are drawn to the area's recreational facilities and welcoming neighborhoods.
Current Market Conditions in Madison, MS
The real estate market in Madison, MS, remains strong despite regional fluctuations, characterized by a steady demand for single-family homes. Listings in the area have shown resilience, with many homes receiving multiple offers and selling quickly, particularly in desirable neighborhoods. Buyers are increasingly interested in new constructions as well as move-in ready homes.
Recent trends indicate a shift towards suburban living, driven by remote work flexibility, prompting many to seek out Madison for its quality of life and affordability. The city’s growth potential, paired with its vibrant community atmosphere, suggests a promising outlook for real estate investments.
Home Value Estimator For Madison, MS
There are currently 16,746 real estate properties
in Madison, MS,
with a median automated valuation model (AVM) price
of $365,151.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Madison, MS, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Madison, MS,
is $427,869.00, with the most expensive house
in Madison, MS, topping out
at $5,539,249.00 and the cheapest home
in Madison, MS,
clocking in at $11,916.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Madison, MS!
Rent Prices
In Madison, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Madison, MS, is on
a rollercoaster ride. The
average rent price in Madison, MS,
is $2,133.00. Indeed, when looking to rent in
Madison, MS, you can expect to pay as little
as $740.00 or as much
as $4,040.00,
with the average rent median estimated to
be $2,040.00. The good news is that finding
an affordable and desirable property to rent in Madison, MS
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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