Madison Lakes
Homes for Sale in Morgan County, GA
True comps, carrying-cost math, and listings before the portals.
Photo via Georgia MLS
Over the 12 months ending 2026-09-20, 11 recorded sales closed at a median of $507,000, $181 per square foot, a median 22 days on market, sellers accepting 98% of original asking (+22% versus the prior year). As of September 2026, the MLS records 32 closed sales in Madison Lakes in Madison, GA since 2023, the most recent in September 2026. Recorded prices since 2024 ran from $375,000 to $740,000 (median $420,000), on homes of 1,898 to 5,812 sq ft. Across Madison as a whole, 21 homes closed in the last 12 months at a median of $498,500, 64 median days on market, with 7 homes for sale today.
| Location | Madison, Morgan County, GA · ZIP 30650 |
|---|---|
| Amenities listed by sellers | Carbon Monoxide Detector(s), Clubhouse, Fitness Center, Gated, Gated Community, Playground |
| Sale prices, last 12 months | $507,000 median across 11 closed sales · $181 per sq ft · +22.2% vs the prior 12 months |
| Days on market (closed sales) | 22 median |
| For sale right now | 0 active, 0 pending |
Data as of September 20, 2026. Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed. Market figures describe homes, not residents. Cite as: Momentum Realty, “Madison Lakes key facts,” movewithmomentum.com/neighborhoods/madison-lakes--morgan, data as of September 20, 2026.
Madison Lakes is pricing on a per-square-foot basis right now, not on a herd mentality. With a median of roughly $186 per square foot and a median sale price around $498,500, condition and layout are doing most of the work in what a given home actually closes at. This is a market where two homes a street apart can land in noticeably different places depending on updates and lot.
A median of 19 days on market says homes that are priced correctly are moving without much drama, but it is not a frantic pace. Sellers should price to the comparable data rather than aspiration, and buyers who move decisively on a well-positioned listing are still rewarded here. The read comes from a limited recent closing count, so treat any single data point as a signal to verify against the current live inventory rather than gospel.
Madison Lakes right now
🟢 Still climbing. The trailing-12-month median ($507K) is up 22.2% from the prior 12 months ($415K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Georgia MLS closed sales, 12-month windows ending September 20. Confidence: Medium (11 and 12 sales in the two windows).
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· Updated September 21, 2026 · Live data: Georgia MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Madison Lakes market snapshot (as of September 20, 2026): the median sale price is about $507K ($181 per sq ft over the trailing 12 months of closed sales), and a median 22 days on market for closed sales. The trailing-12-month median is up 22% from the prior 12 months, computed from record-level Georgia MLS closed sales (11 closings in the current window).
In ZIP 30650 (Madison), 47 homes closed in the last 12 months at a median of $507K ($186/sq ft), up 26.5% year over year, with a median 58 days on market. Right now 11 active and 2 pending listings put supply at about 6.9 months — a balanced market. See the live ZIP 30650 housing market.
Georgia MLS sales records identify 32 homes in Madison Lakes that have changed hands since 2023, built between 2004 and 2023 (median 2007), with a median living area of about 2,920 sq ft and a typical 4-bedroom, 3-bath layout; 100% are single-family homes. Source: Georgia MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community. Georgia has no statewide parcel roll comparable to Florida’s DOR file, so ownership and homestead shares are not shown.
Madison Lakes sits in Morgan County near the city of Madison, with recent activity showing a median sale price just under $500,000 and a median of 19 days on market — a pace that favors well-prepared listings over long sit times.
Who Madison Lakes is best for.
Best for
- Buying based on the specific home and lot rather than a shared amenity list.
- Comparing homes on a price-per-square-foot basis to judge value across different sizes and conditions.
- Moving quickly and decisively when a well-priced listing appears in a market with a 19-day median.
Probably not for
- Needing a confirmed slate of community amenities as part of the decision.
- Relying solely on the median sale price without adjusting for condition or size.
- Wanting a large closed-sale dataset to lean on before committing to a price.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Georgia MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($507K) IS the median in the snapshot above, and the move from 2025 ($415K) IS the +22.2% one-year change.
Windows contain 0 to 12 sales each (11 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed. Deemed reliable but not guaranteed.
12% of homes for sale in ZIP 30650 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-20).
Madison Lakes Market Scorecard
Madison Lakes is currently a balanced market..
Go deeper: Georgia property tax by county · mortgage payment calculator · rent vs buy.
Live data: Georgia MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
The Madison Lakes buying strategy.
If we were buying in Madison Lakes today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Madison Lakes.
What the numbers are actually telling you
The per-square-foot figure — about $186 — is the more useful number for underwriting a purchase or a listing price here, since it normalizes for the range of home sizes moving through the market. A buyer comparing two homes should run both through that lens before anchoring to the median sale price alone, since the median is a midpoint of whatever mix of homes traded recently, not a fixed benchmark for any one property.
Current MLS data does not surface a defined slate of community amenities for Madison Lakes. That does not mean none exist, but it means buyers should verify directly — through a site visit or the HOA, if one applies — rather than assuming a resort-style package. Absent that detail, the value case here should rest on the home itself, the lot, and the Morgan County location rather than on shared community infrastructure.
The location and the amenities are priced into every listing in Madison Lakes. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market with a thin, mixed dataset and no clearly documented amenity package, the value of a broker is in verifying what is actually true about a specific property — condition, comparable sales, and any HOA detail — before a number gets attached to it. We do that homework rather than repeating a headline median back to you.
Madison Lakes in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Madison Lakes buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Madison Lakes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Madison Lakes, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Madison Lakes home worth?
Get a no-obligation home value based on real comparable sales in Madison Lakes, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Madison Lakes?
How long do homes in Madison Lakes take to sell?
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Where is Madison Lakes, and what county is it in?
Should you buy in Madison Lakes?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Georgia MLS, refreshed twice daily (last: September 21, 2026) |
| Community market stats | Georgia MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | Georgia MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2023 (32 transactions analyzed) |
Verify the primary sources yourself: Georgia DOR · U.S. Census · FEMA flood maps.
Momentum Research figures are our own analysis of Georgia MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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