Madison, GA—30650
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Madison, GA
As of Oct '25, the median home price in Madison, GA is $434,000, with a year-over-year change of 0.4%. This indicates that home prices in Madison, GA are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $434,000 | 0.4% |
| Single Family | $436,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $285,000 | 1.1% |
3 Bed | $406,000 | 0.2% |
4 Bed | $564,000 | 0.7% |
| 5 Bed | $678,000 | 1.0% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Madison, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Madison, GA is 82. This is a increase of 16.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $582,000 | 11.0% |
Listing Count | 116 | 46.0% |
| Listings as % of Homes | 1.6% | 46.0% |
Days on Market | 82 | 16.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Madison, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $434,000 |
| Median Household Income | $80,400 |