Madison County, Georgia home prices
Typical home $323,306 · +3.2% in a year · property tax 0.76%
The typical home in Madison County is worth $323,306, about the same as the Georgia typical home ($329,115). Values changed +3.2% in the past year and +31.3% over five years. Homeowners here pay a median 0.76% of their home's value in property tax each year ($2,468 on the typical home), versus 0.77% statewide.
Mortgage on the typical Madison County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $64,661 | $258,645 | $1,740 | $0 | $367 | $2,107 | $90,300 |
| 10% down | $32,331 | $290,975 | $1,957 | $121 | $367 | $2,446 | $104,800 |
| 5% down | $16,165 | $307,141 | $2,066 | $128 | $367 | $2,561 | $109,800 |
| 3.5% down (FHA) | $11,316 | $317,450 | $2,136 | $143 | $367 | $2,646 | $113,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.76% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Georgia · part of the Athens metro area.
Georgia counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Jasper County | $323,091 | +4.1% | 0.8% |
| Bartow County | $324,008 | +1.0% | 0.7% |
| Habersham County | $321,659 | +1.9% | 0.59% |
| Henry County | $319,772 | -2.3% | 0.87% |
| White County | $319,293 | +1.6% | 0.65% |
| Clarke County | $331,786 | +1.7% | 0.87% |
| Oglethorpe County | $314,809 | +3.9% | 0.75% |
| Columbia County | $331,924 | +1.7% | 0.82% |
| Chatham County | $332,415 | -3.4% | 0.84% |
| Dekalb County | $332,528 | -1.8% | 0.93% |
Frequently asked questions
What is the average home price in Madison County, GA?
The typical home value in Madison County is $323,306 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Madison County?
About $90,300 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Madison County?
The median effective rate is 0.76% of home value a year (Census ACS 2024 5-year estimates).