Madison, Florida

Madison
Housing Market

City market report · Morgan County, FL · 4 ZIP codes

Median sale price $498,500, up 17.4% year over year, with homes going under contract in about 64 days, 7 homes on the market.

7 communities reporting44 sales analyzedRefreshed twice dailyMomentum Score 66
Live Market Pulse
66/100
Momentum
Healthy Market
Prices are up 17% in one year. Recalculated every day from licensed MLS data · last refresh September 21, 2026 at 8:13 PM ET.
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Live · Madison Housing Pulse Licensed FL MLS feeds + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$498K
Median sold · 12 moConfidence: Medium
up 17.4% vs the prior 12 months
+17.4%
1-yr price change
n = 44 recent sales
$186/sf
Sold $/sqft · 12 mo
97.4%
Sale vs ask
of original asking price
Tempo
5.0mo
Supply
3 to 6 months is the balanced band
64days
Median DOM · closed
closed sales, median
7 · 3
For sale · pending
live counts, refreshed twice daily
21
Sold · last 12 mo
closed across all tracked communities
Market context
36%
New construction
share of recent sales
66/100
Momentum score
Healthy Market
7
Communities reporting
of 31 tracked in Madison
Licensed FL MLSZillow ResearchU.S. Census ACSPublic records
$3.5B+ sold 10,000+ customers served Top 1% in Florida · RealTrends 800+ five-star reviews Licensed FL MLS data Updated daily
Today's Take · September 21, 2026
Jon Brooks
Jon Brooks
Co-Founder, Momentum Realty · CEO, Momentum Research
Housing Market Analyst

Inventory sits at 5.0 months of supply — balanced by the 3-to-6-month balanced benchmark. Prices are up 17.4% versus the prior year and sellers are still collecting 97.4% of asking. Taken together, the data points to a seller-leaning market.

What It Means

Who has leverage right now

BUYER'S SELLER'S 66
Momentum Score
Buyer leverage34
Seller leverage66

Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors sellers.

Momentum Outlook
  • Prices — balanced supply argues for a sideways market; condition and pricing decide individual outcomes.

Derived from current Madison data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.

Analysis

The read on Madison

The median sale price across Madison currently stands at $498,500, up 17.4% from a year ago. Buyers are paying a median of $186 per square foot. The typical home goes under contract in about 64 days. Sellers are capturing 97.4% of their original asking price on average.

There are 7 active listings on the market, with 3 more already under contract. At the current sales pace that works out to 5.0 months of supply — roughly balanced conditions by the standard six-month benchmark. 21 homes closed here over the trailing 12 months.

Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for Madison is 66 of 100 — healthy market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of September 21, 2026.

Trends & History

Where the market is heading

Median price · daily recalculation

$478K$498K$519K$498KSep 01: $498KSep 04: $498KSep 05: $498KSep 06: $498KSep 07: $498KSep 08: $498KSep 09: $498KSep 10: $498KSep 11: $498KSep 12: $498KSep 13: $498KSep 14: $498KSep 15: $498KSep 16: $498KSep 01Sep 06Sep 10Sep 13Sep 16
Momentum Research Desk

The calls we’re making from today’s data

Biggest move
Madison Lakes ▲ 20%

The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.

What we’re telling clients today

Sellers: price to the last 60 days of comps, not the peak — well-prepared listings are still commanding strong terms. Buyers: get underwritten now so you can move when the right house hits.

Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.

Community Movers

Neighborhoods on the move

Prices rising fastest
Madison LakesMadison$498K▲ 20%
Madison HillsMadison$410K▲ -6%
Prices cooling fastest
Madison HillsMadison$410K▼ 6%
Madison LakesMadison$498K▼ 20%
Most homes for sale
Madison HillsMadison$410K5
Wellington EstatesMadison$460K2
Selling fastest
Madison LakesMadison$498K19 days
Wellington EstatesMadison$460K32 days
Madison HillsMadison$410K110 days
Explore Deeper

Madison ZIP codes

Most active communities

More on Madison

Keep Going

Put this data to work

Plain Answers

The questions people actually ask

Should I buy a house in Madison right now?

The data says conditions currently favor sellers in Madison — the Momentum Score reads 66/100 with 5.0 months of supply. Buyers should come fully underwritten; sellers still set the pace here. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.

Is Madison becoming more affordable?

No — the median sale price in Madison is $498,500, up 17.4% versus the prior year, while sellers still capture 97.4% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.

Where are prices falling fastest in Madison?

Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Madison Hills (-6%); Madison Lakes (20%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.

Which Madison neighborhoods are most competitive?

Measured by speed of sale, the fastest-moving tracked communities right now are Madison Lakes (19 days); Wellington Estates (32 days); Madison Hills (110 days) — homes there go under contract well ahead of the market-wide pace of 64 days.

Questions

Madison housing market FAQ

How is the housing market in Madison right now?

As of September 21, 2026, the Madison housing market favors sellers: the median sale price is $498,500 (up 17.4% year over year), 7 homes are for sale against 21 sales in the last 12 months, which is 5.0 months of supply, and the typical home goes under contract in about 64 days.

How much is a house in Madison?

The median home sold for $498,500 in Madison over the last 12 months, about $186 per square foot; asking prices on the 7 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.

Is it a good time to sell a house in Madison?

By the numbers, sellers in Madison are getting 97.4% of asking price and going under contract in about 64 days with 5.0 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.

What is the Madison housing market forecast?

Momentum Realty publishes the recorded trend, not a prediction: Madison median sale prices are up 17.4% year over year, inventory stands at 5.0 months of supply. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.

What is the median home price in Madison?

The median sale price in Madison is currently $498,500, up 17.4% from a year ago, based on MLS sales data updated September 21, 2026.

Is Madison a buyer's or seller's market right now?

The data currently favors sellers. Madison scores 66 of 100 on the Momentum Score, with 5.0 months of housing supply. Conditions change; this page updates daily.

How long do homes take to sell in Madison?

The typical home in Madison goes under contract in about 64 days, per current MLS data.

How many homes are for sale in Madison?

There are approximately 7 active listings in Madison as of September 21, 2026.

Are home prices in Madison rising or falling?

Median sale prices are up 17.4% year over year based on a rolling comparison of MLS sales.

Put this data to work

Momentum agents use this intelligence every day to price listings and write winning offers across Madison. Talk through what the numbers mean for your move.

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Methodology & Accountability

Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .

Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: September 21, 2026 at 8:13 PM ET

Find homes What's my home worth?

Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.

Selling in this ZIP? Weigh the numbers first: the Florida sell-now-or-wait scoreboard, why 201,552 Florida listings failed to sell in 12 months, and cash offer vs. listing, both numbers. Compiled from MLS records; deemed reliable but not guaranteed.