Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$206,128−2.4% YoY · prices are falling
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 13% have cut their price
Income needed to buy, per year$44,684About 0.9× the local median income ($51,714): affordable for a typical household
Days on market91 daysSlower than a year ago: buyers have time to negotiate
The typical home in Madison County, FL is worth $206,128, down 2.4% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $191,871, so the area is 7.4% overvalued. It is a balanced market, leaning toward buyers: homes take about 91 days to sell, listings are down 17% from a year ago, 13% of listings have had a price cut. A household needs about $44,684 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $51,714. In the latest IRS figures, 256 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$206,128
Change in 1 year
−2.4%
Overvalued %
+7.4%
Show 6 more
Fair home value
$191,871
Change in 5 years
+21.1%
Home value to income
4.0×
Monthly mortgage payment (20% down)
$1,117
Income needed to afford it
$44,684
Property tax rate
0.83%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$978
Market activity
Listings vs a year ago
−16.7%
Days on market
91
Listings with a price cut
12.9%
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Homes for sale
55
Pending sales per 100 listings
22
Asking price per sq ft
$168
People and jobs
Median household income
$51,714
Population change (1 year)
+0.6%
Unemployment rate
5.8%
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Population
18,759
Income adjusted for cost of living
$55,015
Net moves in (IRS)
+256
Cost of living (US = 100)
94.0
Schools, risk and environment
School rating (1 to 10)
3.7
FEMA hazard risk score (0 to 100)
47.4
Flood risk score
33.3
Show 3 more
Wildfire risk score
63.5
Walkability (1 to 20)
5.2
Road, rail and air noise
53 dB
Questions people ask
Is Madison County, FL overvalued?
Home prices in Madison County, FL are slightly above what local incomes have historically supported: fair value is about $191,871, so the area is 7.4% overvalued.
Is Madison County, FL a buyer's or seller's market?
Madison County, FL is a balanced market, leaning toward buyers: homes take about 91 days to sell, listings are down 17% from a year ago, 13% of listings have had a price cut.
Are home prices going down in Madison County, FL?
Home values in Madison County, FL are down 2.4% over the last year.
How much do you need to earn to buy a home in Madison County, FL?
A household needs about $44,684 a year to afford the typical home in Madison County, FL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $51,714.