Madison County, MS Home Values & Market Trends

The median home price in Madison County, MS is $284,718.03. There were 1,305 home sales in Madison County, MS over the past 12 months. The median residential Madison County, MS home value for transactions over the previous year is $52,000. The number of current listings in Madison County, MS is 310, and the percentage of properties for sale is 310.00%. The county has 29 foreclosures, 7 bank owned properties, 22 headed for auction, and 310 properties for sale.

Madison County, MS Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Madison

$ 400,384

$ 155/sqft

Flora

$ 243,025

$ 168/sqft

Ridgeland

$ 350,463

$ 132/sqft

Camden

$ --

$ --

Canton

$ 270,236

$ 116/sqft

Housing Market Summary for Madison County, MS

Apr 2023March 2024Change
Median Listing Price$344K$288K-16.27%
Median Sold Price$285.2K$288K1.00%
Homes For Sale2873108.01%
Homes Sold609594-2.46%
Price
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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, MS

Madison County, MS home values range from $18,911 to $12,204,282. Flora is the priciest city with a median listing home price of $475,000, and Canton is most affordable with average house prices of around $277,500.

Foreclosure
There are 5 cities within Madison County, MS; within these cities, the median estimated home value for homes in foreclosure ranges from $240,925 in Canton to the lowest value of $90,947 in Canton. Foreclosure homes account for 0.00% of properties in Madison County, MS with Madison containing 14 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Madison County, MS with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 5 cities within Madison County, MS; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Madison County, MS ranges from the highest value of $363,076 in Madison to the lowest value of $90,947 in Canton. Bank owned homes and properties account for 0.02% of properties in Madison County, MS. There are 5 cities within Madison County, MS; Canton containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Madison has 12 auction properties, the highest number of properties going to auction in a single city in the state of Madison County, MS. Auction homes and other auction properties account for 0.06% of all properties in Madison County, MS. There are 5 cities within Madison County, MS; of those cities, the median estimated home value for homes going to auction ranges from $1,208,811 in Canton to the lowest value of $157,991 in Canton.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.90% of residential properties in Madison County, MS with Madison containing 181 homes for sale, the highest number of listed properties in a single city. There are 5 cities within Madison County, MS; homes for sale in those cities, have a range of median values from $1,666,955 in Madison to the lowest value of $53,609 in Canton.
    Sold Homes
    The median value for recently sold homes ranges from $2,382,547 in Madison to the lowest price of $18,911 in Madison. There are 5 cities within Madison County, MS. Madison has 332 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.86% of properties in Madison County, MS.

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      Guide for Madison County, MS

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