Madison, GA housing market
The typical Madison home is worth about $438,000, up 2.6% in a year, 32% above the Georgia typical home. Homes typically sell in 60 days, below asking.
Home values, sales, trends and how Madison compares with the towns next door — updated as new data is published.
Madison at a glance
A balanced market
About 5 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Madison | Georgia |
|---|---|---|
| 2017 | $212,000 | $172,000 |
| 2018 | $235,000 | $186,000 |
| 2019 | $247,000 | $202,000 |
| 2020 | $264,000 | $215,000 |
| 2021 | $302,000 | $240,000 |
| 2022 | $356,000 | $292,000 |
| 2023 | $390,000 | $323,000 |
| 2024 | $419,000 | $334,000 |
| 2025 | $428,000 | $339,000 |
| 2026 | $439,000 | $332,000 |
| August 2026 | $438,000 | $331,000 |
5 new homes permitted in 2025
Builders were permitted 5 new homes in Madison in 2025, all single-family houses, worth about $1.2 million to build. That's 1 per 1,000 residents, slower than across Georgia (6). Over the past 9 years, Madison has permitted 503 homes in all.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 12 | 10 | 2 | $4.2 million |
| 2025 | 5 | 5 | 0 | $1.2 million |
| 2024 | 50 | 50 | 0 | $10 million |
| 2023 | 75 | 71 | 4 | $11.9 million |
| 2022 | 19 | 17 | 2 | $6.9 million |
| 2021 | 24 | 24 | 0 | $3.6 million |
| 2020 | 275 | 129 | 146 | $45.7 million |
| 2019 | 22 | 22 | 0 | $5.2 million |
| 2018 | 19 | 19 | 0 | $3.8 million |
| 2017 | 14 | 14 | 0 | $3.5 million |
How Madison ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
7.1 years of income
The typical Madison home costs about 7.1 years of the town's median household income, more than across Georgia (4.3 years).
How Madison ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,450
HUD's Fair Market Rent for a two-bedroom in Madison is $1,450 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Madison pay a median of $1,165, so moving in tends to cost more than staying put. A two-bedroom takes about 28% of the town's median household income.
Studio $1,270 · 4 bedrooms $2,430
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (30650; Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.