Housing in Madison, MS
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$376,500
Median List Price
$524,800
Price Per Sq Ft
$171
Days on Market
35
Active Inventory
103
Months of Supply
7.4
Buyer's market
Zillow Home Value
$404,330
ZHVI — January 2026
Zillow Rent Index
$2,327
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
21.4%
Off Market in 2 Weeks
34.5%
Sale-to-List Ratio
98.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
14
New Listings
33
Pending Sales
29
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$171
Median List $/SF
$182
Madison vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Madison is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$334,700
Median Rent
$1,798
Total Housing Units
10,127
Vacancy Rate
5.0%
Owner Occupied
93.4%
Renter Occupied
6.6%
Median Property Tax
$2,543
per year
Monthly Cost (w/ Mortgage)
$1,568
Housing Types
The current median sale price in Madison, MS is $376,500 according to Redfin data. Homes spend a median of 35 days on the market. 21.4% of homes sold above asking price. The market has 7.4 months of supply. The median price per square foot is $171. Zillow's observed rent index is $2,327/month. About 93.4% of housing units are owner-occupied. The median year homes were built is 1996. There are 10,127 total housing units.