Madison Market Trends
Morris CountyThe 'Rose City' pairs a college-town feel and Drew University with a straightforward commute to Midtown.
🚆 M&E Line (Midtown Direct) · about 51 min to Midtown
Source: GSMLS market feed (sample)Data as of Jul 18, 2026
Median sale price
$865,000▲ 5.9% YoY
+0.5% month-over-month
Days on market
20
Median, active + closed
List-to-sale ratio
103%
Selling over ask
Months of inventory
1.5
Seller's market
New listings (30d)
24
Pending
19
Closed (30d)
17
Median sale price · 24 months
Days on market · 24 months
What this means, in plain language
Madison is currently a firm seller's market. Homes are moving at a steady pace, with well-priced listings often selling above the asking price. Prices are up 5.9% versus a year ago. If you're a buyer, come prepared to move decisively on the right home; if you're weighing a sale, current demand and low inventory work in your favor.
Auto-drafted from the data above and reviewed by our team before publishing.
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