Florida county guide
Madison County real estate: closing costs, taxes and market data
What it costs to buy and sell a home in Madison County, Florida, with the state's own formulas and the latest market figures.
Market snapshot
Madison County has about 18,089 residents (ACS 2024 5-year estimate) and is a rural county in Florida's Big Bend region. The county seat is Madison. Homes in the county sell after an average of 61 days on the market, down from 77 days a year earlier, and the median sale price per square foot is $142, down 3.1% from last year. Many listings are rural acreage, lake properties such as those on Cherry Lake, and older single-family homes; very few condos are offered.
Main cities: Madison, Greenville, Lee, Pinetta, Cherry Lake
Closing costs at common prices
| Sale price | Deed doc stamps | Owner's title policy | Note doc stamps + intangible tax (80% loan) |
|---|---|---|---|
| $250,000 | $1,750 | $1,325 | $1,100 |
| $350,000 | $2,450 | $1,825 | $1,540 |
| $500,000 | $3,500 | $2,575 | $2,200 |
| $750,000 | $5,250 | $3,825 | $3,300 |
Deed doc stamps are $0.70 per $100 of the price and are normally paid by the seller. In Madison County the seller customarily pays the owner's title policy, at Florida's promulgated rate. Buyers with a loan also pay $0.35 per $100 on the note and 0.2% intangible tax. Property tax uses the county's typical millage less the $50,000 homestead exemption, so it's an estimate; check the property appraiser for any parcel.
Flood risk
Parts of Madison County lie near rivers, lakes and low wetlands, so buyers should check the property's FEMA flood zone at msc.fema.gov and get a flood insurance quote before closing.
Local offices
Questions agents and buyers ask
- How much are doc stamps in Madison County?
- On a $350,000 sale, deed doc stamps are about $2,450 ($0.70 per $100 of the price). The seller normally pays them.
- Who pays for title insurance in Madison County?
- By custom the seller pays for the owner's title policy. At $350,000 it's about $1,825 at Florida's promulgated rate; the contract can say otherwise.
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Sources
- Madison County, FL Housing Market - Redfin
- Madison County, FL - Profile data - Census Reporter
- Madison County, Florida - Wikipedia
- Madison County Property Appraiser
- Madison County Clerk of Court & Comptroller
Market figures researched November 3, 2026.