Above is a snapshot look at the real estate market in Madison, AL. In Madison, AL, the median house price is $233,600, making the price 82% higher than that the average for Alabama. Therefore, the affordability of Madison, AL area real estate is less affordable than the real estate in other areas of Alabama. In addition, Madison, AL has a median rent price of $864; this price is 19% higher than that the average rental price for Alabama. 70.4% of residents in Madison, AL are homeowners, and the average amount of people who reside in each home is 2.6. Madison, AL has a wide array of real estate options available, ranging from cost-friendly condos to high-end luxury homes. We filter listings by number of bathrooms and bedrooms, price and area to simplify the search process for Madison, AL real estate for sale.