Data as of September 2026. Source: Realtor.com.
The MADISON, FL real estate market (32340) currently shows 42 active listings, with 10 pending sales. Homes are averaging 105 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 105 days on market compared to 59 days last year.
The median listing price has risen 47% year-over-year, from $272,000 to $399,900.
Population: 10,213 · Density: 18.9/mi² · Median household income: $36,795
Typical home value: $124,301 · Homeownership: 66.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 32340 | Madison, FL 32340 | 0.0 mi | 35 | $12,527,235 | $354,975 | $357,921 |
| 32350 | Pinetta, FL 32350 | 10.9 mi | 6 | $5,399,640 | $871,000 | $899,940 |
| 32053 | Jennings, FL 32053 | 18.0 mi | 14 | $5,865,552 | $275,725 | $418,968 |
| 31643 | Quitman, GA 31643 | 23.1 mi | 23 | $6,036,373 | $249,900 | $262,451 |
| 32060 | Live Oak, FL 32060 | 25.8 mi | 55 | $23,862,465 | $399,000 | $433,863 |
| 31636 | Lake Park, GA 31636 | 26.9 mi | 68 | $33,998,572 | $371,225 | $499,979 |
| 32052 | Jasper, FL 32052 | 28.8 mi | 21 | $8,152,179 | $245,750 | $388,199 |
| 32336 | Lamont, FL 32336 | 29.3 mi | 4 | $1,352,600 | $409,175 | $338,150 |
| 31629 | Dixie, GA 31629 | 29.6 mi | 1 | $495,000 | $495,000 | $495,000 |
| 32066 | Mayo, FL 32066 | 30.9 mi | 20 | $8,523,900 | $371,175 | $426,195 |
| 31638 | Morven, GA 31638 | 31.5 mi | 2 | $338,000 | $169,000 | $169,000 |
| 31605 | Valdosta, GA 31605 | 34.9 mi | 118 | $41,228,610 | $298,675 | $349,395 |
| 32348 | Perry, FL 32348 | 36.1 mi | 37 | $14,776,986 | $266,750 | $399,378 |
As of September 2026, there are 42 active listings in MADISON, FL (zip code 32340), compared to 48 the prior year.
The median listing price in MADISON, FL 32340 is $399,900 as of September 2026, a 47% increase from $272,000 the prior year.
Homes in MADISON, FL 32340 spend an average of 105 days on the market before going under contract, compared to 59 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MADISON, FL 32340 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 105 days on market compared to 59 days last year.
With SELL123.com's maximum 3% commission, sellers in MADISON, FL 32340 save an estimated $7,998 compared to a typical 5% commission on the median listing price of $399,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.