Is Madison, AR 72359 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Madison is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Madison housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

St. Francis County, AR

Population	154
Median income	$23,802
Average income	$49,556
Median rent	$281/month
Owner-occupied	68% of homes
Median year built	1982
Walkability	3.6 of 20 · least walkable

Natural hazard riskTornadoes (very high), extreme heat (relatively high), earthquakes (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 72359; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA); walkability from the EPA National Walkability Index.

Run the numbers for 72359

Prefilled for 72359Can I win this house?Multiple-offer likelihood for a listing Prefilled for 72359Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Colt 72326 — /sq ft Forrest City 72335Buyer’s market $69 /sq ft Heth 72346 — /sq ft Palestine 72372 — /sq ft Browse all markets →

Where Madison is

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Questions about Madison real estate

What are property taxes in Madison?

About 0.47% of a home’s value a year in St. Francis County, or roughly $1,880 on a $400,000 home.

Local agents

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More tools for 72359

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value St. Francis County property taxes St. Francis County loan limits Closing costs in Arkansas Hottest ZIP codes in Arkansas

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology