New - 55 minutes on Rocket
$3,384 Closing Credit¹
#25003137, Listing Office: Century 21 Pinnacle
Madison County Housing Market Report January 2025•Madison County, Kentucky
Housing Prices in Madison County, KY
How much do homes in Madison County, KY cost?
Housing Market Conditions
Is Madison County, KY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Madison County is a Seller's Market
Difference Since January 2024
Since last year, Madison County has remained a Seller's Market.
Insight
Madison County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$287,203$110/SqFt
+$17,481
+6.5%
Based on all homes sold in the last 12 months
Insight
Homes in Madison County have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Madison County was $287,203 in January 2025, up 6.5% from last year, and the median price per square foot was $110.
Median Sold Price By Counties
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Jessamine County | $325K | $349.9K | +7.7% |
| Madison County | $269.7K | $287.2K | +6.5% |
| Estill County | $156.8K | $165.2K | +5.4% |
| Clark County | $233.9K | $245K | +4.7% |
| Garrard County | $267K | $275K | +3.0% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $129K | $159.5K | +23.6% |
| 22 Bedrooms | $145K | $175K | +20.7% |
| 33 Bedrooms | $255K | $270.1K | +5.9% |
| 44 Bedrooms | $339.9K | $349K | +2.7% |
| 55+ Bedrooms | $410K | $435K | +6.1% |
Summary: Madison County housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +23.6%. The home price for 2 bedroom homes increased by +20.7%. The home price for 3 bedroom homes increased by +5.9%. The home price for 4 bedroom homes increased by +2.7%. The home price for 5 bedroom homes increased by +6.1%.
Housing supply in Madison County, KY
How many homes are available in Madison County, KY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 370Last MonthJan 2025 | ||
| 3772 months agoDec 2024 | -1.9 % Change MoMDec – Jan |
Summary: The Madison County real estate market had 370 homes for sale in Jan 2025, a 1.9 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 66Last MonthJan 2025 | ||
| 972 months agoDec 2024 | -32.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 1 | -50.0% |
| 22 Bedrooms | 22 | 21 | -4.5% |
| 33 Bedrooms | 217 | 206 | -5.1% |
| 44 Bedrooms | 93 | 97 | +4.3% |
| 55+ Bedrooms | 43 | 45 | +4.7% |
Summary: Madison County housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes decreased by -4.5%. The inventory for 3 bedroom homes decreased by -5.1%. The inventory for 4 bedroom homes increased by +4.3%. The inventory for 5 bedroom homes increased by +4.7%.
Asking Price vs. Sold Price
How much do homes in Madison County, KY cost?
Over Asking Price4 Homes
At Asking Price19 Homes
Under Asking Price43 Homes
Insight
If you're buying a home in Madison County, you may be able to get a good deal. 65.2% of homes here sold below asking price last month.
Summary: A total of 66 homes were sold or pending in Madison County in January 2025, down by 32.0% month-over-month. Of the 66 sold homes, 65% were sold under asking, 29% were sold at asking, and and 6% were sold over asking.
Days on Market for Madison County, KY
How long does it take to sell a home in Madison County, KY?
Breakdown of Home Sale Times
Under 30 Days34 Homes
30 – 90 Days20 Homes
Over 90 Days9 Homes
Insight
Many homes in Madison County are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 66 homes were sold in Madison County; 52% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 45 DaysThis YearJan 2025 | ||
| 44 Days1 year agoJan 2024 | +3.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Madison County had an average listing age of 45 days in Jan 2025, up by 3.0% compared to the previous year.
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Newest Listings in Madison County, KY
What homes are available in Madison County, KY?
New - 3 hours on Rocket
$3,086 Closing Credit¹
#25003106, Listing Office: Berkshire Hathaway HomeServices Foster Realtors
New - 5 hours on Rocket
$5,403 Closing Credit¹
#25003089, Listing Office: RE/MAX Elite Realty
New - 10 hours on Rocket
$5,641 Closing Credit¹
#25002857, Listing Office: eXp Realty, LLC
New - 17 hours on Rocket
$4,037 Closing Credit¹
#25002950, Listing Office: The Brokerage
New - 18 hours on Rocket
$4,511 Closing Credit¹
#25003068, Listing Office: Bluegrass Property Exchange
New - 1 day on Rocket
$1,959 Closing Credit¹
#25003025, Listing Office: Oak Realty Group
New - 2 days on Rocket
$10,000 Closing Credit¹
#25002954, Listing Office: EXP Realty, LLC
New - 2 days on Rocket
$10,000 Closing Credit¹
#25002703, Listing Office: EXP Realty, LLC
New - 2 days on Rocket
$4,750 Closing Credit¹
#25002045, Listing Office: Keller Williams Legacy Group
New - 2 days on Rocket
$4,393 Closing Credit¹
#25002949, Listing Office: Berkshire Hathaway HomeServices Foster Realtors
New - 2 days on Rocket
$2,969 Closing Credit¹
#25002948, Listing Office: Waizenhofer Real Estate
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MLS Disclaimers and Copyright
Based on information from Imagine MLS, and Metro Search MLS for the period 02/01/2023 - 02/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 LBAR Multiple Listing Service. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 1:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Metro Search, Inc. All Rights Reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 1:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.