Madison currently has 29 single family homes for sale with an average list price of $649,546, 1 townhouse for sale with a list price of $949,000, and 9 lots for sale with an average list price of $649,651. The average annual property tax for Madison is $2,152.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Madison, i.e. what's hot and what's not. See What's Hot & What's Not in Madison
Madison home sales for the month of May decreased in volume by 42.9% when compared to last year, while the median sale price rose by 59.1% from $403,500 to $641,848. House sales decreased by 42.9%, while the median sale price rose by 59.1% from $403,500 to $641,848.
27
|
30
|
31
|
78
|
2019 | 2020 | 2021 | 2022 |
# of sales per year |
$340,000
|
$321,950
|
$340,000
|
$403,545
|
2019 | 2020 | 2021 | 2022 |
median sale price per year |