Madison Homes under $500,000

Madison Homes under $500,000

Welcome to Madison, Georgia – a charming city that beautifully blends Southern hospitality with modern conveniences. Nestled in Morgan County, Madison is renowned for its picturesque landscapes, historic architecture, and vibrant community spirit. With a population of just over 4,000 residents, this small-town gem offers a sense of belonging that is hard to find in larger metropolitan areas.

Madison is steeped in history, boasting a rich heritage reflected in its well-preserved antebellum homes and historic downtown district. Stroll along the tree-lined streets, and you’ll discover a delightful mix of boutique shops, cozy cafes, and local art galleries, all set against a backdrop of stunning architecture. The city is also home to several parks and recreational areas, making it an ideal location for families and outdoor enthusiasts alike.

For those seeking their dream home, Madison offers an array of options under $500,000. Whether you’re looking for a charming cottage, a spacious family home, or a cozy bungalow, the real estate market here has something for everyone. With its affordable housing options, Madison presents an excellent opportunity for first-time buyers, families, and retirees alike.

The community is not just about homes; it’s about a lifestyle. Residents enjoy a slow pace of life, with plenty of local events, farmers' markets, and festivals that celebrate the city’s heritage and community spirit. With its blend of history, affordability, and an inviting atmosphere, Madison, Georgia, is the perfect place to call home. Come discover the charm of Madison – where your dream home awaits!

Newest Madison Homes under $500,000

1070 Eugene Lane, Madison
$495,000
3 Beds ⋅ 3 Baths ⋅ 10878981 MLS
Only 5 minutes from downtown Madison, this beautifully renovated home sits on a lovely one-acre lot with mature trees and plenty of room to enjoy the outdoors. Offering approximately 2,700 square feet, the home combines rustic architectural details with modern updates, creating a warm and inviting atmosphere throughout. The spacious living areas feature exposed wood beams, a fireplace with wood mantel, and an impressive wall of built-in bookshelves and cabinetry. An adjoining room, filled with natural light from a bank of windows, offers additional living or dining space. Wood-plank ceilings, handsome trim details, and gorgeous engineered hardwoods add warmth and character throughout much of the home. The renovated kitchen features contrasting green and white cabinetry, granite countertops, brand-new stainless-steel appliances, a gas cooktop, and a generous breakfast bar. The wood ceiling adds another layer of character to this functional and inviting space. The oversized primary suite offers a spacious bedroom with an adjoining sitting area or home office. The beautifully updated primary bath features a freestanding soaking tub, double vanity, and large walk-in tiled shower. Upstairs, two generously sized bedrooms share a renovated full bathroom. Outdoor living is equally appealing, with a welcoming covered front porch, expansive rear deck, and pergola with a porch swing overlooking the tree-shaded grounds. A detached outbuilding with covered storage offers additional possibilities, while a covered carport and generous paved parking area provide everyday convenience. With its thoughtful renovations, flexible living spaces, and beautiful one-acre setting just minutes from historic downtown Madison, this property offers a wonderful combination of character, comfort, and convenience.

1070 Eugene Lane, Madison

Listing courtesy of Madison Realty.

1180 Green Briar Drive, Madison
$497,000
4 Beds ⋅ 3 Baths ⋅ 10871690 MLS
Experience the perfect blend of timeless Southern charm and modern updates in this beautifully remodeled home on Lake Oconee. Nestled on a private, scenic lot, this property offers the serenity of lakeside living with the convenience of being just minutes from all that Lake Oconee has to offer. Step inside to an inviting open floor plan designed for both everyday comfort and effortless entertaining. The spacious living area features vaulted ceilings and abundant natural light, while the updated kitchen boasts granite countertops, stainless steel appliances, and a seamless flow into the main living spaces. An upstairs loft/flex area provides additional space for work, play, or relaxation. With luxury plank flooring throughout, maintaining a lake-friendly lifestyle has never been easier. Both the kitchen and bathrooms have been thoughtfully updated, so the only thing left to do is move in, bring your boat, and enjoy life on the water. Outdoors, the property truly shines. A covered porch overlooks the expansive backyard with mature landscaping, creating the perfect setting for family gatherings, quiet evenings, or simply soaking in Lake Oconee's natural beauty. The additional workshop offers space for projects or storage for all your lake toys-and even includes a convenient half bath so you can maximize time outdoors. With a prime location just minutes from Lake Oconee's world-class golf, dining, and recreation, plus easy access to shopping, schools, and I-20, this home combines modern convenience with a true lakeside retreat. Don't miss your chance to make it yours.

1180 Green Briar Drive, Madison

Listing courtesy of Algin Realty, Inc..

600 Foster Street, Madison
$439,900
3 Beds ⋅ 2 Baths ⋅ 10871506 MLS
Looking for a home in Madison's Historic District? This c. 1900 home sits on a level corner .5 acre lot with a circular driveway, just a few blocks from the Square's restaurants and shops and the Madison-Morgan Cultural Center. Extensively renovated and updated within the last few years, it has kept its historic charm. A large front porch with a classic porch swing welcomes you, with plenty of room for entertaining. Inside, the living room has a bay window with original stained glass and a fireplace with its original mantel. Off the living room, the former sleeper porch has been enclosed and works as a guest room, office, or craft room. Original pine hardwood floors run throughout, and the original windows bring in plenty of natural light. The kitchen was taken down to the studs and rebuilt. It has high ceilings with exposed beams, custom cabinets, open shelving, a ductless range hood, new pendant lighting, a tile backsplash, and new LVP flooring. The countertops are custom birchwood with a stainless steel section, ideal for baking and pastry work. Appliances include a Samsung 3-rack dishwasher and a convection oven and refrigerator. The spacious main-level primary bedroom has floor-to-ceiling windows and is currently staged as a family room. The updated primary bath has double vanities, a new toilet, new lighting, and a tub shower combo with a new tile. The bath can also be reached from the hallway leading to the second main-level bedroom, which has windows facing both the side yard and the backyard for great natural light. Upstairs, the third bedroom is open and bright, with original bead board walls and ceiling and original hardwood floors painted in a worn-antique finish. It has windows on all four sides, a small walk-in closet, and a cubby area. The new full bath has a tiled shower, tiled floor, and a vessel sink vanity. Outside, a deck overlooks the fenced backyard and is a good spot for grilling. A spacious out building with built-in shelving handles tools and is a great garden shed, there is a separate area behind it for lawn and outdoor equipment. Major work has been completed. The home has a new electrical panel and wiring, and the water pipes were replaced to the street. The main-level HVAC was replaced in 2022, and a new upstairs mini-split, a new water heater, and a new roof date to 2025, 2025, and 2018 respectively. The full List of Improvements is attached to the MLS documents and covers far more than these highlights.

600 Foster Street, Madison

Listing courtesy of Harry Norman Realtors.

340 Pine Street, Madison
$459,000
3 Beds ⋅ 2 Baths ⋅ 10868480 MLS
WELCOME TO 340 PINE STREET! Located within Madison's designated Historic District, this beautifully updated all-brick 3-bedroom, 2-bath ranch offers timeless character, comfortable living, and an exceptional location just minutes from historic downtown Madison's charming shops, restaurants, and local attractions. Step inside to a welcoming dining area featuring beautiful refinished hardwood floors and a warm, inviting layout. The kitchen offers ample cabinet space and a charming brick accent wall that adds character and warmth to the space. Just off the kitchen, the spacious mudroom/laundry room provides additional functionality and convenient access to the backyard deck. The cozy family room opens through French doors to an expansive new back deck, featuring a partially covered area that creates the perfect setting for morning coffee, outdoor dining, grilling, or entertaining family and friends. The spacious owner's suite offers a private retreat with French doors leading to a beautifully updated, spa-like bathroom. A large secondary bathroom provides plenty of space and convenience, while the generous hallway walk-in closet offers exceptional additional storage. Take advantage of the extra space youll have in the unfinished partial basement area and use it as a workshop or a gym. Additional highlights include a NEW HVAC system (2022), NEW roof and gutters (2024), all-brick exterior, refinished hardwood floors, and spacious new back deck. Enjoy all that Madison has to offer with the convenience of being just minutes from historic downtown, locally owned shops, restaurants, and the timeless charm of one of Georgia's most beloved small towns. With its thoughtful updates, classic brick exterior, and inviting outdoor living space, 340 Pine Street is a wonderful place to call home!

340 Pine Street, Madison

Listing courtesy of Algin Realty, Inc..

Start Your Search

© 2026 Georgia MLS. All rights reserved. Information Deemed Reliable But Not Guaranteed.

How much is your home worth?

Get instant property value now!