City:

Madison, MS

Madison is a city in the state of mississippi with a population of roughly 42,551. It is in Madison County, Mississippi the Jackson, MS core-based statistical areas (CBSA), and the Jackson-Vicksburg-Brookhaven, MS combined statistical area (CSA).Its Zip codes include 39110 .

Price Trends in Madison, MS

Madison, Mississippi is a city of over 100,000 people located in the heart of the state. Madison was founded in 1836 and named for James Madison, fourth President of the United States. The city is home to several universities including the University of Mississippi and Jackson State University. Madison is also known for its thriving real estate market.

The median price of a home in Madison was $169,900 in 2017. This represents an increase from $158,000 in 2016 and $142,500 in 2015. The city has seen a significant influx of young professionals and families who are looking for affordable housing options within close proximity to major metropolitan areas. There are currently over 2,600 homes available for sale in Madison and the average list price is $269,900.

One reason why the real estate market has been so strong in Madison is because there are a number of amenities that residents enjoy such as excellent schools, low crime rates, and plenty of recreational opportunities. Additionally, many homes that are available for sale have been newly constructed or have undergone significant renovations which make them more appealing to buyers.

Price Index: Jackson, MS

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