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Originally Posted On: https://exprealty.com/us/ms/madison/
Just 15 miles north of the state capital, Jackson, is Madison, MS, a charming mid-size city situated along the Ross Barnett Reservoir. Safe and community-oriented, Madison provides plenty of waterfront recreation and fast-appreciating Mississippi real estate. It’s also one of the few certified retirement communities in the state. Check out some of our listings and discover why Niche.com recognized Madison real estate as the #1 Best Place To Live In Mississippi.
More About Madison, MS Real Estate
Madison is a well-established Mississippi suburb of 27K residents located midway between Ridgeland and Canton, in the southern portion of Madison County, Mississippi. It is also part of the larger Jackson Metropolitan Statistical Area. Here’s just a hint of everything you’ll gain access to if you move to a piece of Madison real estate:
- Sixty-seven local restaurants and eateries including fine and casual dining, fast food and pizza, bakeries, and cafés.
- Over 59 shops ranging from major retailers to small boutiques.
- Six major hospitals are located within minutes of the city center.
- Plentiful educational, recreational, and cultural opportunities and programs for retired adults as one of only 14 certified retirement communities in Mississippi.
- Twenty-three public schools under the supervision of an A-rated school district. There are also top-notch private schooling options in Madison.
- The second-lowest crime rate in the Magnolia State.
- A plethora of outdoor recreation opportunities include over a dozen parks and green areas, yacht clubs, golf courses, marinas, an arboretum, and more.
Madison, MS Nearby Cities
- 11 miles to Canton, MS
- 14 miles to Flora, MS
- 16 miles to Flowood, MS
- 18 miles to Clinton, MS
- 25 miles to Byram, MS
Madison, MS Real Estate Market
The Madison real estate market is one of the most competitive in the Jackson metro area. With a limited supply of dwellings and high demand from homebuyers, prices in this sought-after Mississippi suburb have increased around 14% in just a year. As a result, the median value for real estate in Madison is currently $384K with most properties sold after spending less than two weeks on the market.
A vast majority of Madison, MS real estate is single-family detached homes (97%), but if you are in the market for an attached dwelling, you might find some townhouses, as well as limited quantities of condos for sale in Madison. The most popular units are located downtown or in established waterfront neighborhoods like Lost Rabbit, but prices should be more affordable in the up-and-coming areas of the city’s west side.
If you’re considering purchasing homes for sale in Madison instead, you’ll encounter properties that fit pretty much any budget and style. The oldest houses are located closer to the city center and are commonly more costly. To get more bang for your buck (as well as more space), search for Madison homes in the outskirts. Madison real estate includes anything from cozy, wood-sided cottages painted in beautiful pastel hues to luxurious Plantation-style residences with red-brick facades, multi-bedrooms, and open water views.
New construction in Madison is also booming, so if you dream of a custom-built house, the Madison real estate market is the right one for you. Several notable new residential developments are springing up all over the city, but some of the preferred locations are Lake Caroline and Annandale. New single-family homes are priced between the high $300Ks and the $800Ks, while new construction condos can cost anywhere from $325K (for a one-bedroom) to $950K (for a penthouse).
Madison, MS Neighborhoods
Lost Rabbit is a lovely community in the eastern side of Madison situated amidst acres of pristine waters and miles of verdant Natchez Trace woodlands. Quiet and picturesque, Lost Rabbit is made up of wooded streets and a collection of beautiful, sizable homes perfect for large families or retiring in comfort. Additional perks of moving to this area include top-rated schools, water-focused recreation, and a variety of shops, restaurants, and other businesses. Lost Rabbit real estate costs between $159K and $950K and the most popular housing types are single-family homes and condos.
Located 10 minutes north of Madison real estate, Annandale is a green and secluded neighborhood surrounded by lakes and golf courses. This peaceful rural community features a quaint collection of large homes on generous lots, great schools like Mannsdale Elementary, and an eclectic mix of businesses, including antique stores, art galleries, and specialty food shops. No two houses for sale in Annandale are the same; you can find anything from brick ranchers to two-story custom-built residences with abundant family-friendly comforts. Madison real estate in Annandale ranges from $305K to $1.2M.
Named after the lake at the center of the neighborhood, Lake Caroline is an exquisite lakefront planned community with a tranquil atmosphere, a plethora of desirable homes, and an extensive list of amenities. There’s no shortage of shopping, dining, and entertainment options in Lake Caroline. Water sports and activities like fishing, hiking, kayaking, and swimming are a constant here, as well as golfing at Lake Caroline Golf Club or exploring the local parks and trails. The homes for sale in Lake Caroline are normally suburban custom builds of various lot sizes and family-focused features priced between $372K and $778K.
Madison, MS Schools
School-age residents in Madison real estate attend top-performing schools supervised by Madison County School District, rated “A” and named by Niche.com #2 in their list of Best School Districts in The Jackson Area.
Madison County School District is also the fifth-largest school district in Mississippi and manages 23 schools serving a population of 12,988 learners from PK through 12 with a 14:1 student-teacher ratio. Keep reading for a list of Madison, MS schools:
Preschools In Madison, Mississippi
- Assisi the Early Learning Center
- Creative Arts Academy
- Madison-Ridgeland Academy
- LifeKids Weekday Ministry
Elementary & Middle Schools in Madison, Mississippi
- Madison Station Elementary School
- Madison Avenue Upper Elementary
- Mannsdale Upper Elementary School
- Madison Middle School
- Germantown Middle School
High Schools in Madison, Mississippi
- Madison Central High School
- Germantown High School
Private Schools in Madison, Mississippi
- St. Joseph Catholic School
- St. Anthony Catholic School
- St. Augustine School
- St Andrew’s Episcopal School
Colleges & Universities in Madison, Mississippi
- Jackson State University
- American International University, Inc.
- Millsaps College
FAQs About Real Estate In Madison, MS
What Is The Zip Code For Madison, MS Real Estate?
Real Estate in Madison, MS, have the zip codes 39110 and 39130.
Where Is The Nearest Commercial Airport In Madison, Mississippi?
The nearest commercial airport to Madison, MS real estate is the Jackson-Medgar Wiley Evers International Airport, located about 25 miles south of the city, a 30-minute commute. The airport offers both domestic and international flights, making it a convenient option for those traveling to or from Madison.
What County Is Madison, MS Real Estate In?
Madison, MS is the largest city in Madison County, Mississippi.
What Major Cities Is Madison, MS Real Estate Near?
With a stellar location in Central Mississippi, Madison can be the starting point for endless adventures in the South. Within three hours by car, you can be dining some Cajun delicacies in New Orleans, shopping in downtown Mobile, or fishing along the Gulf Coast. If you’re looking for a weekend getaway, why not drive to Dallas or Atlanta? They’re both only six hours away from Madison, MS real estate.
Is Madison, MS A Good Place To Live?
If you purchase Madison real estate, you’ll be moving to one of the best places to settle in Mississippi. Madison is particularly popular among new and established families for its safe neighborhoods, high-value, waterfront real estate for sale, and top-performing public school district. The abundance of recreation is another draw for relocators to this Mississippi suburb.
Madison has also become a popular living spot among young professionals who work in Jackson. This demographic is purchasing downtown Madison condos for sale to enjoy the city’s calm, rural-like vibe with the convenience of residing within minutes from metropolitan amenities and entertainment.
How Far Is Madison, MS From Jackson, Mississippi?
Madison real estate is only 15 miles north of Jackson. It is situated a short 20-minute drive from Mississippi’s capital, making it easy to enjoy all that the city has to offer. With a population of over 153K, Jackson is the most populous city in the state, as well as an arts & culture hub and an economic powerhouse.
Is Madison, MS A Good Place For Retirement?
Madison is one of the 14 certified retirement communities in Mississippi offering adults a slower pace of life, friendly neighbors, and a comprehensive retirement program with activities and classes such as dance, yoga, coffee gatherings, therapeutic stretches, and more. In addition, Madison has exceptional healthcare facilities, a diverse array of businesses and cultural attractions, and ample opportunities for outdoor recreation.
Living in Madison, MS Real Estate
Living Costs In Madison, Mississippi
Those considering buying Madison, MS real estate can expect the cost of living to be pretty similar to other cities in the country. According to data from bestplaces.net, Madison’s cost of living index is 99.1, under 1% below the national average (100). Residents in this Mississippi suburb can expect to pay more for housing, food & groceries, healthcare, and miscellaneous things like clothing and entertainment. Utilities and transportation will be more budget-friendly in this city.
Weather In Madison, Mississippi
The weather in Madison, MS is moderate most of the year. The spring and fall are both very mild, with temperatures rarely reaching above 80°F or below 60°F. The summers can be hot, but they’re usually not too humid unless it rains. Annual rainfall in the area is an average of 54 inches.
Medical Services In Madison, Mississippi
Although you may never want to use them, it’s comforting to know that some of the nation’s best hospitals are only minutes away from Madison real estate. Some of them are:
- St. Dominic Hospital
- The University of Mississippi Medical Center
- Baptist Hospital
- Veterans Affairs Medical Center
- Merit Health Madison
Jobs In Madison, MS
Madison, MS is known for its strong economy and unemployment rate lower than the national average (2.4%). Once a humble farming community, Madison has evolved into a thriving business center and a hub for education and healthcare. Other sectors blooming in the city are retail and manufacturing.
The city continues to improve its infrastructure in order to attract new businesses. An example is the “Madison at Main” project, a soon-to-be 17-acre mixed development located in the heart of Madison that will become home to the City Hall, fine-dining restaurants, a performing arts center, high-end boutiques, and other specialty retailers.
Transportation In Madison, MS
Madison does not have an extensive public transportation system, so the best option for getting around is using a car. Residents might find Madison, MS to be especially car-dependent across the communities and neighborhoods located outside the city center, while owners of downtown Madison real estate are more likely to be able to run certain errands on foot. Three major roads serve the Madison homes: Interstate 55, Highway 51, and Natchez Trace Pkwy, all running north-south. The Jackson-Medgar Wiley Evers International Airport is only half an hour away from the city, around 25 miles heading south.
Distance To Other Southern Cities
- 15 miles to Jackson, MS
- 103 miles to Hattiesburg, MS
- 178 miles to Biloxi, MS
- 189 miles to Baton Rouge, LA
- 200 miles to Mobile, AL