Is Madison, GA 30650 a buyer’s or seller’s market?
Madison is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 11% of U.S. ZIP codes, and #315 of 371 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Madison housing market right now
In the three months ending August 31, 2026, 12% of homes in Madison, GA 30650 sold above their list price, the typical home went under contract in 70 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 42 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 10%, homes sold more slowly (64 days then) and the median sale price rose 14% to $539,422. Overall, Madison is about as competitive as it was a year ago.
On our competition score, Madison ranks #315 of 371 GA ZIP codes with enough sales (score 18 out of 100).
Nearby, buyers who want less competition could look at Rutledge 30663 (0% sold over asking), while Buckhead 30625 (21% sold over asking) is even more competitive.
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Nearby markets
Buckhead 30625Balanced $192 /sq ftRutledge 30663Balanced $227 /sq ft Browse all markets →Towns like Madison nearby
Find towns like Madison in other states →Where Madison is
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Questions about Madison real estate
Is Madison a buyer’s or seller’s market?
A balanced market: there were 4.6 months of supply in Madison, GA 30650 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Madison?
The typical home went under contract in 70 days in the latest three months.
Do homes in Madison sell over asking?
12% of homes sold above their original list price, and the typical sale closed at 94.1% of the list price.
What are property taxes in Madison?
About 0.71% of a home’s value a year in Morgan County, or roughly $2,840 on a $400,000 home.
What is the median home price in Madison?
The median sale price was $539,422 in the three months ending August 31, 2026, about $197 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology