The typical Madison home was worth $376,486 in September 2026, a record, up 0.9% in a year and 75% since 2016, according to the Zillow Home Value Index.
Last checked Oct. 17, 2026. Updated monthly. Values come from the Zillow Home Value Index through September 2026, the FHFA House Price Index through the second quarter of 2026 and the U.S. Census Bureau.
The typical home in Madison was worth $376,486 in September 2026, according to the Zillow Home Value Index. That is up 0.9% from $373,042 a year earlier and is the highest value on the index. Prices jumped in 2021 and 2022, slipped a little in 2023 and 2024, and have edged up since.
Need a record or a number?
- Sales and deeds: Madison County Probate Office records search, madisonprobate.countygovservices.com
- Your appraised value: Madison County Tax Assessor, 256-532-3350; Limestone County Revenue Commission, 256-233-6433
- Recent sales on this site: the weekly real estate transfers column
Madison’s typical home value since 2016
| September | Typical value | Change from a year earlier |
|---|---|---|
| 2020 | $269,335 | |
| 2021 | $331,338 | +23.0% |
| 2022 | $374,571 | +13.0% |
| 2023 | $370,892 | -1.0% |
| 2024 | $368,830 | -0.6% |
| 2025 | $373,042 | +1.1% |
| 2026 | $376,486 | +0.9% |
Over 10 years the typical value has risen about 75%, from $215,698 in September 2016. Since September 2020 it is up about 40%.
Zillow’s index is a modeled value for the middle third of all homes in the city, smoothed and seasonally adjusted. It is not an average of sale prices, and Zillow revises past months. Zillow files Madison under Limestone County, but the series covers the whole city.
How Madison compares with its neighbors
Madison is the priciest of its neighbors on Zillow’s September 2026 index. The typical Madison home was worth about $89,500 more than the typical home in Huntsville, about five miles east, and about $68,200 more than in Athens, about 12 miles west.
| City | September 2025 | September 2026 | Change |
|---|---|---|---|
| Madison | $373,042 | $376,486 | +0.9% |
| Athens | $305,462 | $308,273 | +0.9% |
| Huntsville | $283,036 | $286,952 | +1.4% |
The metro trend: FHFA
The Federal Housing Finance Agency’s House Price Index for the Huntsville metro area, which includes Madison, stood at 330.40 in the second quarter of 2026, up 3.3% from 319.79 a year earlier. The two measures differ: FHFA tracks repeat sales and refinances of homes with mortgages backed by Fannie Mae and Freddie Mac across Madison and Limestone counties, while Zillow estimates the value of every home in the city.
What the Census Bureau says
The 2020-2024 American Community Survey five-year estimates put the median value of owner-occupied homes in Madison at $398,800, the median gross rent at $1,453 and the share of homes lived in by their owners at 74%. Owners report those values themselves and the figures average five years of responses, so they do not match Zillow’s monthly index. More on the city’s growth is on our population page.
What this means for you
- Selling? Values are at a record but rising slowly, under 1% a year.
- Buying? Madison costs more than its neighbors; check property taxes too, since the city’s 69.5 mills is the highest in Madison County.
- Appealing your appraisal? Start with the Tax Assessor; see our property tax guide.
More guides: moving to Madison and Madison schools.
Area by area: our Madison neighborhoods guide lists the ZIP code, zoned high school and home value for each part of the city.
Frequently asked questions
What is the average home price in Madison, Alabama?
The Zillow Home Value Index put the typical Madison home at $376,486 in September 2026. That is a middle-tier estimate for all homes in the city, not an average of sale prices.
Are home prices going up in Madison, Alabama?
Slowly. The typical value rose 0.9% from September 2025 to September 2026 and reached a new high, after dipping slightly in 2023 and 2024, Zillow’s index shows.
Is Madison more expensive than Huntsville?
Yes, by Zillow’s measure. In September 2026 the typical value was $376,486 in Madison, $308,273 in Athens and $286,952 in Huntsville.
How much have Madison home values risen since 2020?
The typical value rose about 40%, from $269,335 in September 2020 to $376,486 in September 2026, according to the Zillow Home Value Index.
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