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MADISON, FL 32340

Real Estate Market Report  ·  Madison County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
38
⇧ 35.7% vs 28 last year
Pending
6
16% pending ratio
Median Price
$280,000
⇧ 1.4% vs $276,250 last year
Average Price
$315,806
⇧ 0.7% vs $313,542 last year
Days on Market
115
⇧ 62% vs 71 days last year

Market Context

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

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

Market Analysis

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

The MADISON, FL real estate market (32340) currently shows 38 active listings, with 6 pending sales. Homes are averaging 115 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 115 days on market compared to 71 days last year.

The median listing price has risen 1.4% year-over-year, from $276,250 to $280,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 38 this year vs 28 last year
  • Days on market: 115 now vs 71 last year

Median & Average Pricing

Year over Year
  • Median: $280,000 (+1.4% YoY)
  • Average: $315,806 (+0.7% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 36.9 miles — 348 listings ($152,398,946 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32340Madison, FL 323400.0 mi38$12,000,628$280,000$315,806
32350Pinetta, FL 3235010.9 mi6$5,771,100$975,000$961,850
32053Jennings, FL 3205318.0 mi13$5,241,821$286,450$403,217
31643Quitman, GA 3164323.1 mi22$8,738,290$249,900$397,195
32060Live Oak, FL 3206025.8 mi59$27,746,638$422,500$470,282
31636Lake Park, GA 3163626.9 mi59$30,707,199$374,900$520,461
32052Jasper, FL 3205228.8 mi19$8,376,093$271,750$440,847
32336Lamont, FL 3233629.3 mi5$1,711,665$425,000$342,333
31629Dixie, GA 3162929.6 mi1$495,000$495,000$495,000
31626Boston, GA 3162631.4 mi7$5,703,320$499,000$814,760
31720Barwick, GA 3172034.1 mi2$174,900$87,450$87,450
32062McAlpin, FL 3206235.0 mi5$2,442,500$474,500$488,500
31632Hahira, GA 3163236.9 mi112$43,289,792$349,500$386,516

Frequently Asked Questions

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

As of January 2026, there are 38 active listings in MADISON, FL (zip code 32340), compared to 28 the prior year.

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

The median listing price in MADISON, FL 32340 is $280,000 as of January 2026, a 1.4% increase from $276,250 the prior year.

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

Homes in MADISON, FL 32340 spend an average of 115 days on the market before going under contract, compared to 71 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 January 2026, MADISON, FL 32340 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 115 days on market compared to 71 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 $5,600 compared to a typical 5% commission on the median listing price of $280,000. 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.