Something wrong? Let us know
Checked
Madison, MS Home Values and Rents
The typical home value in Madison is $418,521, 2nd highest of 189 cities and towns in Mississippi. Median rent is $2,292 a month.
- Typical home value
- $418,521
- 2nd of 189 in MS
- Median rent
- $2,292/mo
- Zillow observed rent
- Price change, 1 year
- +0.8%
- Sep 2026
- Homeownership
- 94.3%
- MS: 70.0%
Home sale prices in the Jackson, MS area
Zillow median sale price, Sep 2026
$251,254-2.6% from a year earlier
Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.
Typical home value in Madison
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Madison |
|---|---|
| Sep 2026 | $418,521 |
| Dec 2025 | $416,086 |
| Dec 2024 | $404,550 |
| Dec 2023 | $404,752 |
| Dec 2022 | $388,896 |
| Dec 2021 | $358,445 |
| Dec 2020 | $314,344 |
| Dec 2019 | $301,249 |
| Dec 2018 | $301,383 |
| Dec 2017 | $295,648 |
| Dec 2016 | $293,359 |
| Dec 2015 | $291,425 |
| Dec 2014 | $282,951 |
| Dec 2013 | $276,972 |
| Dec 2012 | $273,678 |
Over five years, Madison prices changed +21.3%.
Source: Zillow Research · Last updated 09/01/2026
Share:
Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 39110 | $362,600 | $1,766 | +3.0% | +41.8% |
Fair Market Rents, FY2027
HUD rent standard for Jackson, MS HUD Metro FMR Area
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $1,099 | +0.7% |
| 1 bedroom | $1,105 | +0.7% |
| 2 bedrooms | $1,289 | +0.1% |
| 3 bedrooms | $1,536 | -0.5% |
| 4 bedrooms | $1,694 | -0.6% |
Frequently asked questions
- What is the typical home value in Madison, MS?
- The typical home value in Madison is $418,521 (Zillow Home Value Index, Sep 2026). The Mississippi median is $169,800.
- How much is rent in Madison?
- The median rent in Madison is $2,292 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,289.
- Are home prices going up in Madison?
- The typical home value in Madison changed +0.8% over one year and +21.3% over five years, as of Sep 2026.
- How does Madison compare with the rest of Mississippi?
- Madison has the 2nd highest median home value of 189 cities and towns with 1,000+ residents in Mississippi.
- Which ZIP code in Madison has the highest home values?
- ZIP code 39110 has the highest median home value at $362,600.