Is Madison, CT 06443 a buyer’s or seller’s market?

The Madison housing market right now

In the three months ending August 31, 2026, 56% of homes in Madison, CT 06443 sold above their list price, the typical home went under contract in 43 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 93 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 45%, homes sold about as fast and the median sale price rose 13% to $797,155. Overall, Madison is more competitive than a year ago, so tougher for buyers.

Within New Haven County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell more often over asking than in 64%. On our competition score, Madison ranks #116 of 197 CT ZIP codes with enough sales (score 82 out of 100).

Nearby, buyers who want less competition could look at New Haven 06510 (0% sold over asking) or Middlebury 06762 (30% sold over asking), while Northford 06472 (87% sold over asking) and North Haven 06473 (69% sold over asking) are even more competitive.