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Madison, GA
Full City Profile · Georgia · Morgan County County
3.6
/5.0
B+
Good
4,714
Population
532/sq mi density
$79,133
Median Income
$47,518 per capita
$313,100
Home Value
$434,168 Zillow
$1,128
Median Rent
19.8% income on rent
62°F
Avg Temperature
308 sunny days/yr
630
Violent Crime/100K
5,642 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$79,133 median income, 1.1% unemployment
A
Affordability
4.5 / 5.0
$313,100 home value, $1,128/mo rent
F
Safety
1.0 / 5.0
630 violent crimes/100K (66% above avg)
A
Education
4.4 / 5.0
42.4% bachelor's degree or higher
Housing Overview
Median Home Value
$313,100
11% above
US avg: $281,900
Median Rent
$1,128/mo
3% below
US avg: $1,163/mo
Homeownership Rate
40.5%
38% below US avg (65.4%)
Total Housing Units
2,231
Median year built: 1985
Home Value by Source
Census Median
$313,100
Zillow (ZHVI)
$434,168
Median Sale Price
$410,000
Median List Price
$799,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
40.5%
Owner-Occupied
59.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,159/mo
1 Bedroom
$1,183/mo
2 Bedroom
$1,331/mo
3 Bedroom
$1,734/mo
4 Bedroom
$1,831/mo
Census median rent:
$1,128/mo
Market Indicators (Redfin)
Median Days on Market
186 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
9
Price Drops
25.9%
of listings with price reduction
Price Per Sq Ft
$212
Active Inventory
27
homes for sale
Affordability & Housing Stock
Rent Burden
19.8%
of renters spending 30%+ of income on housing
36% below US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
40.5%
Complete Housing Data
Home Values
| Census Median Value | $313,100 |
| Zillow Home Value (ZHVI) | $434,168 |
| Median Sale Price | $410,000 |
| Median List Price | $799,000 |
| Price Per Sq Ft | $212 |
Rent
| Census Median Rent | $1,128 |
| FMR Studio | $1,159 |
| FMR 1-Bedroom | $1,183 |
| FMR 2-Bedroom | $1,331 |
| FMR 3-Bedroom | $1,734 |
| FMR 4-Bedroom | $1,831 |
Market
| Days on Market | 186 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.9% |
| Homes Sold | 9 |
| Active Inventory | 27 |
| Price Per Sq Ft | $212 |
Ownership & Stock
| Owner-Occupied | 40.5% |
| Renter-Occupied | 59.5% |
| Homeownership Rate | 40.5% |
| Total Housing Units | 2,231 |
| Median Year Built | 1985 |
| Rent Burden | 19.8% |