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Madison, NJ real estate

Compare top Madison real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for August 2026.*


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Madison real estate Market Report.

Information and statistics on the latest trends in the Madison real estate market. *

Latest Rolling 3-Month Snapshot

May 1, 2026 - Jul 31, 2026

Median sale price
$1M
-6.5% from Q2 '26
Median list price
$890K
-3% from Q2 '26
Active listings
124
+1.6% from Q2 '26
Homes sold
89
+17% from Q2 '26
New pendings
90
-5.3% from Q2 '26
New listings
85
-9.6% from Q2 '26

Quarterly Pricing Trends for Madison

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Madison Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $703K Median sale price in Oct 2021 - Dec 2021: $674K Median sale price in Jan 2022 - Mar 2022: $695K Median sale price in Apr 2022 - Jun 2022: $870K Median sale price in Jul 2022 - Sep 2022: $779K Median sale price in Oct 2022 - Dec 2022: $660K Median sale price in Jan 2023 - Mar 2023: $700K Median sale price in Apr 2023 - Jun 2023: $718K Median sale price in Jul 2023 - Sep 2023: $845K Median sale price in Oct 2023 - Dec 2023: $800K Median sale price in Jan 2024 - Mar 2024: $716K Median sale price in Apr 2024 - Jun 2024: $976K Median sale price in Jul 2024 - Sep 2024: $841K Median sale price in Oct 2024 - Dec 2024: $850K Median sale price in Jan 2025 - Mar 2025: $850K Median sale price in Apr 2025 - Jun 2025: $1.1M Median sale price in Jul 2025 - Sep 2025: $845K Median sale price in Oct 2025 - Dec 2025: $850K Median sale price in Jan 2026 - Mar 2026: $880K Median sale price in Apr 2026 - Jun 2026: $1.1M Median list price in Jul 2021 - Sep 2021: $700K Median list price in Oct 2021 - Dec 2021: $615K Median list price in Jan 2022 - Mar 2022: $849K Median list price in Apr 2022 - Jun 2022: $760K Median list price in Jul 2022 - Sep 2022: $605K Median list price in Oct 2022 - Dec 2022: $663K Median list price in Jan 2023 - Mar 2023: $875K Median list price in Apr 2023 - Jun 2023: $750K Median list price in Jul 2023 - Sep 2023: $775K Median list price in Oct 2023 - Dec 2023: $759K Median list price in Jan 2024 - Mar 2024: $980K Median list price in Apr 2024 - Jun 2024: $889K Median list price in Jul 2024 - Sep 2024: $819K Median list price in Oct 2024 - Dec 2024: $792K Median list price in Jan 2025 - Mar 2025: $890K Median list price in Apr 2025 - Jun 2025: $887K Median list price in Jul 2025 - Sep 2025: $857K Median list price in Oct 2025 - Dec 2025: $814K Median list price in Jan 2026 - Mar 2026: $1.2M Median list price in Apr 2026 - Jun 2026: $918K Jul 2021 - Sep 2021 Median sale price $703K Median list price $700K Oct 2021 - Dec 2021 Median sale price $674K Median list price $615K Jan 2022 - Mar 2022 Median sale price $695K Median list price $849K Apr 2022 - Jun 2022 Median sale price $870K Median list price $760K Jul 2022 - Sep 2022 Median sale price $779K Median list price $605K Oct 2022 - Dec 2022 Median sale price $660K Median list price $663K Jan 2023 - Mar 2023 Median sale price $700K Median list price $875K Apr 2023 - Jun 2023 Median sale price $718K Median list price $750K Jul 2023 - Sep 2023 Median sale price $845K Median list price $775K Oct 2023 - Dec 2023 Median sale price $800K Median list price $759K Jan 2024 - Mar 2024 Median sale price $716K Median list price $980K Apr 2024 - Jun 2024 Median sale price $976K Median list price $889K Jul 2024 - Sep 2024 Median sale price $841K Median list price $819K Oct 2024 - Dec 2024 Median sale price $850K Median list price $792K Jan 2025 - Mar 2025 Median sale price $850K Median list price $890K Apr 2025 - Jun 2025 Median sale price $1.1M Median list price $887K Jul 2025 - Sep 2025 Median sale price $845K Median list price $857K Oct 2025 - Dec 2025 Median sale price $850K Median list price $814K Jan 2026 - Mar 2026 Median sale price $880K Median list price $1.2M Apr 2026 - Jun 2026 Median sale price $1.1M Median list price $918K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
14
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (May 2026 - Jul 2026).

Inventory in Madison is tight in this rolling three-month view, with about 1.3 months of supply and 124 active listings, slightly below last year. Homes are moving quickly at a median of 20 days on market, far faster than a year ago. Contract activity is solid, with 89 homes sold and 90 pending sales, both running ahead of last year’s pace.

Prices are holding near the high end even with some recent softening. The typical home value is just over $1.03 million, edging down slightly year over year, while the median list price is up nearly 10 percent from a year ago. Sellers are still seeing strong leverage, with nearly 70 percent of homes selling above list and the average sale closing at about 108 percent of asking.

Viewed over the past couple of years, Madison shows a pattern of limited supply, steady demand, and prices that have climbed well above pre-2024 levels. New listings have only inched up compared with last year, while closed sales have risen more notably, reinforcing the seller’s market classification. For buyers, this means being prepared to act quickly and compete on price, and for sellers it underscores the importance of smart pricing and timing. Agent Pronto can connect both buyers and sellers with an experienced local agent who understands these Madison trends and can guide them through every step of the process.



Learn more about what Madison has to offer.

Madison offers residents a welcoming, well-rounded community with a charming downtown, highly regarded schools, abundant parks and recreation, and convenient transit and cultural amenities that support a high quality of life.

Madison immediately stands out from nearby communities like Morristown and Chatham with its walkable downtown, strong arts presence, and close connection to local colleges. The historic center along Main Street and Waverly Place offers independent shops, respected eateries such as Shanghai Jazz and neighborhood cafés, all within a short walk of tree lined residential streets.

Cultural life is anchored by institutions like Drew University and the Shakespeare Theatre of New Jersey, which bring performances, lectures, and lifelong learning to the community. Families value the highly regarded Madison Public Schools and an active recreation program. Outdoor time often revolves around Memorial Park and local playing fields, while proximity to larger green spaces in Morris County broadens options for hiking and sports.

Commuters appreciate direct train service from Madison Station to New York City and easy connections to regional hubs like Newark. The town’s scale encourages residents to know their neighbors, whether at farmers markets, library events at the Madison Public Library, or youth sports.

With demand remaining strong and inventory often tight, timing and preparation matter. Whether you are planning to buy your first home in Madison or sell and move within town, connecting early with a knowledgeable local agent through Agent Pronto can help you navigate the market with confidence and clarity.

Find your Madison real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Connie helped me find and buy a home when I relocated to Bridgewater, NJ. She really understood my wants and needs. She didn't just send autogenerated emails every day like many other realtors. Connie actively searched for homes for me and my kids. She was there every step of the way and even checked in after closing. I felt comfortable with Connie and knew I was in good hands.”

Michelle Wonaszek · Bridgewater, NJ

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Coldwell Banker Realty
“Dan was amazing throughout the entire process of both selling our home and purchasing our new one. He was always quick to respond to any questions and was there whenever we needed him. He was incredibly professional, knowledgeable, and truly wonderful to work with. Buying and selling a home can be a very stressful process, but Dan made everything as smooth and seamless as possible. We are so grateful for all of his help and guidance and would highly recommend him to anyone looking for a fantastic realtor!”

John and Christine Barbieri · Toms River, NJ

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RE/MAX At Barnegat Bay
“Julia was excellent and so professional Always available to answer any and all questions”

Jack Ascensao · Montville, NJ

Photo of Julia Torsiello
Century 21 Christel Realty
“Selling my condo felt overwhelming at first, but working with Tina Torres made the entire process smooth and successful from start to finish. Her professionalism, knowledge, communication and dedication were truly outstanding. Tina was always available to answer questions, kept me informed every step of the way and worked incredibly hard to make sure everything stayed on track. Thanks to her expertise, my condo sold quickly and the Closing process went smoothly. What stood out the most was how much Tina genuinely cared about me as a client, not just about making a sale. I always felt supported, respected and confident that I was in the best hands possible. I couldn't have asked for a better experience and would highly recommend Tina Torres to anyone buying or selling a home. She is truly one of the best realtors out there!!”

Michelle Cruz · Elizabeth, NJ

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RE/MAX Lifetime Realtors
“Brandy was fantastic every step of the way and stayed consistent throughout this entire process. Highly recommended for anyone in need of a realtor.”

Harris Goldberg · West Haverstraw, NY

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Century 21 Elite Realty
“I bought my second house with Bryan, and I couldn’t be happier with the experience. He’s incredibly trustworthy, timely, and has an excellent attention to detail. His deep local knowledge made the process smooth and stress-free from start to finish. I highly recommend Bryan to anyone looking for a dependable and professional realtor!”

Matthew Jaeger · Pompton Plains, NJ

Photo of Bryan Adelson
Century 21 Preferred Realty, Inc.
“Always kept me up to date in a timely manner!”

Diane S. · Lehighton, PA

Photo of Choice Realty Group
Keller Williams Real Estate
“Cathleen was helpful and responsive!”

Robert D H. · Flemington, NJ

Photo of Cathleen Henriquez-Ali
Coldwell Banker Realty
“Martin's support and guidance made possible the sale of my property in very challenging circumstances. His professional demeanor was critical to land the closing.”

Antonio T. · North Bergen, NJ

Photo of Martin Bianchi
Compass
“Mrs. Beverley Gaudio was a very pleasant person with professionalism and ideas to work on the sale of my house. I strongly recommend her to anyone who needs to sell their property!”

Luigi S. · Wayne, NJ

Photo of Beverley Gaudio
Coldwell Banker Realty
“I highly recommend Sharif and Co. The whole team was professional and sold my home quickly and above asking price.”

Tanika B. · Ewing Township, NJ

Photo of Team Sharif Sells
EXP REALTY LLC
“My agent was Lucy Phelan at Keller Williams, and I had a great experience working with both Lucy and her brother Richard. Both had provided me with their expert advice, they would take extra steps to educate you and walk you thru the home shopping process. They would work on my schedule, try their best to answer all my questions and would point me to the right direction when I was looking for the lender, inspector, lawyer, etc. As a home buyer in this "Bidding War" market, most of my offers were turned down; however, both Lucy and Rich have continuously provided me encouragement to keep trying and looking. I cannot remember how many houses we have looked together...and when I was not able to look at the houses in person, they would video call me to conduct a virtual home showing. In general, they are exceptionally good with people skill, nice/friendly people to talk with and they show care on other things then just home buying. I would like to work with them again in the future and would recommend them to any home buyer/seller.”

Gary Y. · Matawan, NJ

Photo of Lucy Phelan
Keller Williams Elite, Realtors
“Keith Bochner had the same vision as I did. He was there every step of the way and went far and above what was expected. Extremely knowledgeable in the field and guided me correctly all the way. Keith is a true professional. I highly recommend his services!”

Linda A. · Cedar Grove, NJ

Photo of Keith Bochner
Coldwell Banker
“Maryanne Sawade was attentive to details and a pleasure to work with. I would not have contacted her if it wasn't for Agent Pronto.”

Kathy D. · Flemington, NJ

Photo of Maryanne Sawade
RE/MAX Preferred Professionals
“John was excellent and made every effort to sell our property quickly without giving away the farm. His counsel was valuable, timely and on point. Fantastic experience.”

Rich · Warren, NJ

Photo of John Abromitis
Century 21 North Warren Realty
“Julia is simply excellent! She listened to my wish list and helped me find the perfect home! She was there every step of the way and very responsive to my questions and requests.. if you need a realtor, Julia is the one! Thank you!”

Adeel Riaz · Maple Valley, WA

Photo of Team Julia
Compass

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Madison. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.