Madison, GA 30650 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Madison, GA—30650

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$433,000

0.8% YoY Growth

Household Income

$80,400

29.6% YoY Growth

Days on Market

114

11.0% Shorter YoY

Home Price Forecast

2.0%

Median Rent

$1,650

8.4% YoY Growth

1-Bed Rent

$1,750

2.1% YoY Growth

2-Bed Rent

$1,200

22.6% YoY Growth

3-Bed Rent

$2,000

9.3% YoY Growth

Home Price Trends — Madison, GA

As of Dec '25, the median home price in Madison, GA is $433,000, with a year-over-year change of 0.8%. This indicates that home prices in Madison, GA are flat. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$433,000	0.8%
Single Family	$435,000	1.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Madison, GA

As of July '25, Rentcast reports the average rent in Madison, GA is $1,860, with a year-over-year rent change of -8.4%. Per bedroom, the median rent as of July '25 in Madison, GA is studios: $1,570, 1-bedrooms: $1,910, 2-bedrooms: $1,300, 3-bedrooms: $2,240, 4-bedrooms: $2,950. The most common rental property sizes in Madison, GA are 3-bedroom and 2-bedroom, accounting for 51.2% and 45.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,650	$1,860
Studio Rent	$1,540	$1,570
1 Bed Rent	$1,750	$1,910
2 Bed Rent	$1,200	$1,300
3 Bed Rent	$2,000	$2,240
4 Bed Rent	$2,950	$2,950

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% of Rental Stock

1 Bedroom

1.8%

2 Bedrooms

45.7%

3 Bedrooms

51.2%

4 Bedrooms

1.4%

Property Listings — Madison, GA

As of Dec '25, Realtor.com reports that the median days on market for a home in Madison, GA is 89. This is a increase of 2.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$553,000	4.0%
Listing Count	99	36.0%
Listings as % of Homes	1.6%	36.0%
Days on Market	114	-11.0%

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Demographics — Madison, GA

As of the latest ACS Survey released in 2023, Madison, GA has a population of 13,400, which has increased by 11.1% over the past 5 years. Madison, GA is a moderately popular place for families, as children make up 22.8% of the population. The area has a moderately educated workforce, with 33.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	13,400	11.1%
% Under 18	22.8%	-8.8%
% Seniors	20.8%	11.2%
% WFH	8.3%	-1.2%
% w/ College Degree	33.8%	47.0%

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As of the latest ACS Survey released in 2023, Madison, GA is a predominantly white area, with 68.4% of the population identifying as white. The white population has grown by 2.7% in the last 5 years. The second most common race or ethnicity in Madison, GA is black, making up 27.1% of the population. Foreign-born residents account for 2.4% of the population in Madison, GA, and this percentage has decreased by 4.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	68.4%	2.7%
% Black	27.1%	-5.2%
% Hispanic	3.9%	21.9%
% Asian	0.6%	∞%
% Foreign Born	2.4%	-4.0%

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Mortgage and Risk — Madison, GA

According to HUD data as of 2023, there were 252 mortgage originations in Madison, GA, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Madison, GA. Investor activity is low, as 5.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	252
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	5.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Madison, GA

As of 2024, the percent of homes in Madison, GA under the Section 8 program is 2.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Madison, GA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	98
Total Units Section 8	32
% Rentals under Section 8	2.1%
% Occupied Section 8	62.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$690	$1,750	$1,060
2 Bedroom	$190	$1,200	$1,390
3 Bedroom	-$320	$2,000	$1,680
4 Bedroom	-$620	$2,950	$2,330

Madison, GA—30650

Key Metrics at a Glance

Home Price Trends — Madison, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Madison, GA

% of Rental Stock

Property Listings — Madison, GA

Demographics — Madison, GA

Race and Ethnicity

Mortgage and Risk — Madison, GA

Mortgages

Rentals and Section 8 — Madison, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Madison, GA

Home Price to Income Ratio

Madison, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Rutledge, GA

Buckhead, GA

Bostwick

Newborn, GA

Bishop, GA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.9
Median Home Price	$433,000
Median Household Income	$80,400

Madison, GA—30650

Key Metrics at a Glance

Home Price Trends — Madison, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Madison, GA

% of Rental Stock

Property Listings — Madison, GA

Demographics — Madison, GA

Race and Ethnicity

Mortgage and Risk — Madison, GA

Mortgages

Rentals and Section 8 — Madison, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Madison, GA

Home Price to Income Ratio

Madison, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Rutledge, GA

Buckhead, GA

Bostwick

Newborn, GA

Bishop, GA

Frequently Asked Questions

What is the average home price in Madison, GA 30650?

How have home prices in Madison, GA 30650 changed over the past year?

What is the home price projection for Madison, GA 30650?

What are the demographics of Madison, GA 30650?

How long does it take homes to sell in Madison, GA 30650?

What is the average rent price in Madison, GA 30650?