Is Madison, MS 39110 a buyer’s or seller’s market?
Madison is a seller’s market. With about 3.1 months of supply and 12% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 42% of U.S. ZIP codes, and #12 of 89 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, MS 39110 sold above their list price, the typical home went under contract in 24 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 285 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (11% then), homes sold faster (26 days then) and the median sale price rose 1% to $398,827. Overall, Madison is about as competitive as it was a year ago.
On our competition score, Madison ranks #12 of 89 MS ZIP codes with enough sales (score 42 out of 100).
Nearby, buyers who want less competition could look at Flora 39071 (0% sold over asking), while Ridgeland 39157 (15% sold over asking) and Canton 39046 (14% sold over asking) are even more competitive.
Run the numbers for 39110
Nearby markets
Camden 39045 — /sq ftCanton 39046Balanced $177 /sq ftFlora 39071Seller’s market $215 /sq ftPickens 39146 — /sq ft Browse all markets →Towns like Madison nearby
Find towns like Madison in other states →Where Madison is
Loading map…
Questions about Madison real estate
Is Madison a buyer’s or seller’s market?
A seller’s market: there were 3.1 months of supply in Madison, MS 39110 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 24 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 97.7% of the list price.
What are property taxes in Madison?
About 0.68% of a home’s value a year in Madison County, or roughly $2,720 on a $400,000 home.
What is the median home price in Madison?
The median sale price was $398,827 in the three months ending August 31, 2026, about $180 per square foot.
Local agents
See all agents in 39110 →No sponsored agents in 39110 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 39110
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology