Madison County, MS Home Values & Market Trends

The median home price in Madison County, MS is $284,748.95. 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 312, and the percentage of properties for sale is 312.00%. The county has 25 foreclosures, 8 bank owned properties, 17 headed for auction, and 312 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

$ 381,306

$ 132/sqft

Camden

$ --

$ --

Canton

$ 270,163

$ 118/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 12 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 9 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 0.05% 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 $370,443 in Canton to the lowest value of $184,553 in Canton.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.91% of residential properties in Madison County, MS with Madison containing 183 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 320 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.82% of properties in Madison County, MS.

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      Guide for Madison County, MS

      Market Reports
      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Market Reports|posted 9 April 2024

      Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.