Madison Boro Market Report

$1,149,568

AVERAGE PRICE OF 41 HOMES

$1,579,050

AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES

$585,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$1,334,667

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $1,149,568
Avg Bedrooms 4.27 beds
Avg Bathrooms 4 baths

Average Price by Bedrooms

2 bedrooms $782,000
3 bedrooms $697,822
4 bedrooms $1,014,200
5 bedrooms $1,447,090
Madison Boro Home Price Trends
  8/2020 7/2020 6/2020 5/2020 4/2020
Total Listings 44 54 59 47 40
Average Price $1,082,843 $1,103,928 $1,084,578 $994,663 $975,952
Avg Price Change -1.95% +1.78% +9.04% +1.92% -2.64%
Median Price $988,450 $1,008,295 $938,905 $807,583 $758,189
Med Price Change -2.01% +7.39% +16.26% +6.51% -4.76%
Avg Bedrooms 4.19 beds 4.21 beds 4.27 beds 4.18 beds 4.22 beds
Avg Bathrooms 3.88 baths 3.93 baths 3.95 baths 3.78 baths 3.68 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Madison 34 $1,184,718 73 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 41 $1,149,568 64 days
Multi-Million Dollar Homes 20 $1,579,050 69 days
Homes with a Pool 1 $585,000 14 days
Reduced Price Homes 3 $1,334,667 79 days
Xperience Real Estate Team | Keller Williams Realty
55 Madison Ave, Ste. 120
Morristown, NJ 07960

The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2020 Garden State Multiple Listing Service, L.L.C. All rights reserved.
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