Real Estate Market Update for 39110 (Madison, MS)
Welcome to December's Market Update. Let’s take a look at residential real-estate activity in your area during the month of November. The number of active listings was up 1% compared to one year earlier, and down 12% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just over 370-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 11%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 260-thousand dollars. The number of units sold decreased 9% year-over-year, and decreased 22% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 39110 (Madison, MS)
Area Information for 39110 (Madison, MS)
  • Population: 41,606
  • Median Age: 40.44 yr
  • Median Commute Time: 23 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 554/sq mi
  • Population Change Since 2000: 73.56%
  • Closest Airport: Jackson-medgar Wiley Evers International
  • Closest College: Tougaloo College
  • Closest Jr. College: Virginia College-jackson
  • Median Household Income: $92,946
  • Annual Residential Turnover: 9%
  • Median Home Sales Price: $245,000
  • Closest Major Sports Team: Mississippi Braves (aa)
  • Change Avg. Household Income Since 2000: 38.41%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 39110 (Madison, MS)
Median Age: 40.44 Married: 54% Number of Households: 14,954 Households with Children: 5,859
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 39110 (Madison, MS)

      School Name Distance Type Grades School Rating Parent Rating
      Germantown Middle School 0.0 mi Public 6-8 5 0
      Madison Station Elementary School 1.4 mi Public K-5 5 0
      St Anthony Catholic School 1.6 mi Catholic 4-6 0 0
      St Anthony Catholic School 1.7 mi Catholic PRESCHOOL-6 0 0
      Madison Middle School 2.1 mi Public 6-8 5 0
      St Joseph Catholic School 2.1 mi Catholic 7-12 0 4
      Madison Central High School 2.2 mi Public 10-12 3 4
      Rosa Scott School 2.9 mi Public 9-9 0 0
      Montessori School At St James 3.4 mi Private PRESCHOOL-K 0 0
      Germantown High School 3.4 mi Public 9-12 4 4
      Madison-ridgeland Academy 4.3 mi Private PRESCHOOL-12 0 0
      Mannsdale Elementary School 4.3 mi Public K-5 5 0
      Madison Avenue Lower Elementary School 4.4 mi Public K-2 0 4
      Madison Avenue Upper Elementary School 4.5 mi Public 3-5 5 0
      Madison Co Voc Complex 11.3 mi Public K-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for 39110 (Madison, MS)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.