Madison County, FL Home Values & Market Trends

The median home price in Madison County, FL is $159,313.31. There were 192 home sales in Madison County, FL over the past 12 months. The median residential Madison County, FL home value for transactions over the previous year is $89,000. The number of current listings in Madison County, FL is 39, and the percentage of properties for sale is 39.00%. The county has 21 foreclosures, 1 bank owned properties, 1 headed for auction, and 39 properties for sale.

Madison County, FL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Madison

$ 235,258

$ 132/sqft

Lee

$ 465,280

$ 220/sqft

Greenville

$ 94,977

$ 109/sqft

Pinetta

$ --

$ --

Housing Market Summary for Madison County, FL

Apr 2023March 2024Change
Median Listing Price$249K$162.1K-34.88%
Median Sold Price$160.8K$162.1K0.81%
Homes For Sale293831.03%
Homes Sold115113-1.74%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Madison County, FL

Madison County, FL home values range from $18,370 to $2,647,881. Lee is the priciest city with a median listing home price of $305,000, and Greenville is most affordable with average house prices of around $128,000.

Foreclosure
There are 4 cities within Madison County, FL; within these cities, the median estimated home value for homes in foreclosure ranges from $258,330 in Madison to the lowest value of $76,508 in Madison. Foreclosure homes account for 0.00% of properties in Madison County, FL with Madison containing 13 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.36% of all residential properties in Madison County, FL with Madison containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 4 cities within Madison County, FL; of those cities, the estimated home value for pre-foreclosure homes ranges from $407,416 in Pinetta to the lowest home value of $76,508 in Madison.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Madison County, FL ranges from the highest value of $290,589 in Greenville to the lowest value of $290,589 in Greenville. Bank owned homes and properties account for 0.02% of properties in Madison County, FL. There are 4 cities within Madison County, FL; Greenville containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Greenville has 2 auction properties, the highest number of properties going to auction in a single city in the state of Madison County, FL. Auction homes and other auction properties account for 0.02% of all properties in Madison County, FL. There are 4 cities within Madison County, FL; of those cities, the median estimated home value for homes going to auction ranges from $0 in Pinetta to the lowest value of $0 in Pinetta.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.75% of residential properties in Madison County, FL with Madison containing 26 homes for sale, the highest number of listed properties in a single city. There are 4 cities within Madison County, FL; homes for sale in those cities, have a range of median values from $875,000 in Madison to the lowest value of $30,428 in Lee.
    Sold Homes
    The median value for recently sold homes ranges from $349,655 in Lee to the lowest price of $20,044 in Lee. There are 4 cities within Madison County, FL. Madison has 57 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.05% of properties in Madison County, FL.

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      Guide for Madison County, FL

      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
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      Tallahassee’s Real Estate Market A in Review 2023-2024
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      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
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      Jacksonville, FL: Real Estate Market Trends 2023
      See More Articles
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.

      Recently Listed Homes Madison County, FL

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