Madison County, MS real estate

What the numbers say

Madison County, MS real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

In September 2026, the median home in Madison County listed for $399,000, down 3.6% from a year earlier. That is 37% above the Mississippi median of $292,250.

Homes spent a median of 72 days on the market, faster than 83 days a year ago. That makes Madison County the #7 fastest-selling of 17 Mississippi counties we track.

Homeowners in Madison County pay a median of $2,108 a year in property taxes on a median home value of $311,100, an effective rate of about 0.68%. The Mississippi average is 0.72%, which makes Madison County the #37 lowest-tax of 81 counties in the state with published tax data.

Renters pay a median of $1,186 a month, and $1,228 for a two-bedroom. At today's prices a typical home costs about 28 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $399,000 home here comes to about $2,567 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $110,000 a year (the median household here earns $83,441).