Home Values

Madison Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$238,800

  • 1.1% 1-year change
  • 2.1% 1-year forecast

The median home value in Madison is $238,800. Madison home values have gone up 1.1% over the past year and Zillow predicts they will rise 2.1% within the next year. The median rent price in Madison is $1,850, which is higher than the Jackson Metro median of $925.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Madison is 2.3%, which is lower than the national value of 6.0%.

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Relative ZHVI
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Madison Market Overview

Data through May 31, 2015
  • $238,800 ZHVI
  • 2.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • No data Median sale price
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Madison Market Health

Data through May 31, 2015
  • No recent data
  • No data Average days on Zillow
  • No data Homes with negative equity (15.4% US Avg)
  • 2.3% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Ridgeland $181,800
Flora $179,700
Flowood $159,700
Name Median ZHVI
Brandon $157,900
Florence $142,700
Clinton $133,300
Name Median ZHVI
Byram $112,500
Jackson $63,800
 

Listings & Sales

  • No data
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Madison Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,788 Madison
    $1,169 Jackson Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $1,850 Rent list price
  • $0.99 Rent list price / sq ft
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