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Housing in Madison

A typical Madison home is worth about $269,000

Down 0.8% in a year, 37% below the Maryland typical home.

Typical home value
$269K
▼ 0.8% in a year · MD $428K
Zillow
2-bedroom rent
$1,560
a month, utilities in · HUD

What kind of housing town is Madison?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Madison

Try your own numbers below.

You could afford about
$401,000
Typical Madison home $269K

That covers a typical Madison home, with $132K to spare.

The typical home, each month
$1,630
Loan $1,330Tax $220Insurance $80

A two-bedroom rents for about $1,560 a month here, $70 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Maryland typical property tax (0.97% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home values since 2022

Typical home value by month.

MadisonMaryland
$200K$250K$300K$350K$400K$450K20242026
Show as a table
JanuaryMadisonMaryland
2023$253,000$398,000
2024$265,000$412,000
2025$273,000$427,000
2026$274,000$429,000
August 2026$269,000$428,000
Then & now

A typical Madison home worth $245K in February 2022 is worth about $269K today.

+$24K
−0.8%
past year
+9.8%
since 2022

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

Renting

A two-bedroom rents for about $1,560

Fair Market Rent a month, utilities included

Studio$1,290
1 bedroom$1,300
2 bedrooms$1,560
3 bedrooms$2,160
4 bedrooms$2,600

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Dorchester County, MD): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

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What Madison buyers, sellers and renters are saying.

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Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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