Market Overview
Home Prices in Madison, GA
The median home value in Madison, GA is $441,183 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.1% compared to a year ago and down 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Madison are priced8% above average. Madison is part of the Atlanta-Sandy Springs-Alpharetta, GA metro area.
Over the past five years, Madison home values have risen by approximately35.6%, reflecting strong long-term appreciation in this market.
Price History
Madison Home Price Trend
City Comparison
Madison vs. National Median
At $441,183, homes in Madison cost 8% above the national median of $410,000. Buyers in Madison should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Madison?
20% Down Payment
$88,237
on $441,183
Monthly P&I
$2,301/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,922/mo
incl. taxes & insurance
Income Needed
$116,880
gross annual (30% rule)
10% Down Option
$44,118
+ PMI applies
Loan Amount (20% dn)
$352,946
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Madison, GA?
The median home value in Madison is $441,183 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.1% year-over-year.
How much have home prices changed in Madison?
Over the past year, home values in Madison have increased by 4.1%. Over five years, prices have risen approximately 35.6%.
How much do I need to earn to buy a home in Madison?
To comfortably afford the median home price of $441,183 with a 20% down payment ($88,237) at today's rates (6.8%), you'd need a gross annual income of approximately $116,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Madison compare to the national average home price?
The national median home value is approximately $410,000. At $441,183, homes in Madison are 8% above the national average.
What metro area is Madison part of?
Madison is part of the Atlanta-Sandy Springs-Alpharetta, GA metropolitan area. Home prices and market conditions can vary across the broader metro region.