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MADISON, FL 32340

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The MADISON, FL real estate market (32340) currently shows 32 active listings, with 5 pending sales. Homes are averaging 122 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 122 days on market compared to 61 days last year.

The median listing price has risen 37.4% year-over-year, from $270,000 to $371,000.

Whether you are buying or selling in MADISON, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 10,213  ·  Density: 18.9/mi²  ·  Median household income: $36,795

Typical home value: $124,301  ·  Homeownership: 66.2%

Market Overview

Active Listings
32
⇩ 5.9% vs 34 last year
Pending
5
16% pending ratio
Median Price
$371,000
⇧ 37.4% vs $270,000 last year
Average Price
$375,225
⇧ 27.1% vs $295,323 last year
Days on Market
122
⇧ 100% vs 61 days last year

Price Per Square Foot

Median $/sqft
$160
⇧ 14.3% vs $140/sqft last year
Median Home Size
2,009 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 32 this year vs 34 last year
  • Days on market: 122 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $371,000 (+37.4% YoY)
  • Average: $375,225 (+27.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 36.1 miles — 404 listings ($162,557,112 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32340Madison, FL 323400.0 mi35$12,527,235$354,975$357,921
32350Pinetta, FL 3235010.9 mi6$5,399,640$871,000$899,940
32053Jennings, FL 3205318.0 mi14$5,865,552$275,725$418,968
31643Quitman, GA 3164323.1 mi23$6,036,373$249,900$262,451
32060Live Oak, FL 3206025.8 mi55$23,862,465$399,000$433,863
31636Lake Park, GA 3163626.9 mi68$33,998,572$371,225$499,979
32052Jasper, FL 3205228.8 mi21$8,152,179$245,750$388,199
32336Lamont, FL 3233629.3 mi4$1,352,600$409,175$338,150
31629Dixie, GA 3162929.6 mi1$495,000$495,000$495,000
32066Mayo, FL 3206630.9 mi20$8,523,900$371,175$426,195
31638Morven, GA 3163831.5 mi2$338,000$169,000$169,000
31605Valdosta, GA 3160534.9 mi118$41,228,610$298,675$349,395
32348Perry, FL 3234836.1 mi37$14,776,986$266,750$399,378

Frequently Asked Questions

How many homes are for sale in MADISON, FL 32340?

As of March 2026, there are 32 active listings in MADISON, FL (zip code 32340), compared to 34 the prior year.

What is the median home price in MADISON, FL 32340?

The median listing price in MADISON, FL 32340 is $371,000 as of March 2026, a 37.4% increase from $270,000 the prior year.

How long do homes stay on the market in MADISON, FL?

Homes in MADISON, FL 32340 spend an average of 122 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in MADISON, FL 32340?

Based on current inventory and days-on-market data as of March 2026, MADISON, FL 32340 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 122 days on market compared to 61 days last year.

How much can I save on real estate commission in MADISON, FL?

With SELL123.com's maximum 3% commission, sellers in MADISON, FL 32340 save an estimated $7,420 compared to a typical 5% commission on the median listing price of $371,000. 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.