Why Live in Madison
Madison, MS, located just north of Jackson, is a city known for its well-maintained suburban appearance and steady growth. Founded in 1856 as a railroad town, Madison has grown to a population of 27,747 as of the 2020 census. The city is predominantly residential, with easy access to major highways like Interstate 55, facilitating commutes to employers such as Amazon, Nissan, and Jackson State University. Madison is notable for its strict commercial construction regulations, resulting in aesthetically pleasing business establishments. The housing market features a range of styles, including ranch-style homes, contemporary neo-eclectic homes, and high-end farmhouses. Madison County Schools serve the community, with highly rated institutions such as Madison Avenue Elementary School, Madison Upper Elementary School, Madison Station Elementary School, Madison Middle School, Rosa Scott High School, and Madison Central High School. The city offers various attractions, including Strawberry Patch Park, Liberty Park, and the Barnett Reservoir, which provides opportunities for boating and fishing. Downtown Madison features the Strawberry Cafe and boutiques like Persnickety and Apple Annies. The city hosts numerous family-friendly events, including an annual antique car show and the Downtown Madison Farmers Market. Madison is safer than the national average, with crime rates trending downward. The city faces moderate risks from flooding and tornadoes, primarily along Brashear Creek. Medical facilities like St. Dominic Hospital and Madison Ridgeland Medical Clinic are within a short drive, offering comprehensive healthcare services.
Home Trends in Madison, MS
On average, homes in Madison, MS sell after 48 days on the market compared to the national average of 70 days. The median sale price for homes in Madison, MS over the last 12 months is $435,000, down 6% from the median home sale price over the previous 12 months.
Median Sale Price
$435,000
Median Single Family Sale Price
$437,000
Median 2 Bedroom Sale Price
$550,000
Average Price Per Sq Ft
$202
Number of Homes for Sale
52
Last 12 months Home Sales
626
Median List Price
$450,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-6%