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118 Hampstead Dr, Madison, MS, 39110

3beds
2baths
1,804sqft
$345,000
$191price/sqft
$2,328/moest. monthly cost
$93,120/yrincome needed

About This Home

Gorgeous 3-bedroom, 2-bath open split-plan home located in the highly desirable Lake Caroline subdivision in Madison. From the moment you step into the foyer, this home feels welcoming and thoughtfully designed for both everyday living and entertaining. The open kitchen is a standout, featuring granite countertops, a large island, stainless steel appliances, gas cooktop, pantry, breakfast nook, and built-in computer desk—a rare and practical bonus. A formal dining room provides space for gatherings, while the living room centers around a gas-log fireplace, creating a warm and inviting atmosphere. Hardwood floors run throughout the living areas and the spacious primary bedroom. The primary suite offers a relaxing retreat with dual vanities, granite countertops, a soaker tub, and a separate shower with built-in storage. Located in Lake Caroline, residents enjoy a true community lifestyle with lakes, walking trails, parks, tennis courts, a golf course, clubhouse, and neighborhood events—all just minutes from shopping, dining, and top Madison schools. This home truly has so much to offer and checks all the boxes for comfort, style, and location.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

1/10
Nichols Middle SchoolGrades 6-88.2 mi
4/10
Canton Public High SchoolGrades 10-1211.3 mi

Construction

Condition

  • Year built: 2020

Materials

  • Foundation: Post-Tension
  • Roof: Architectural Shingles
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Double Vanity,Granite Counters,High Ceilings,Kitchen Island,Open Floorplan,Primary Downstairs
  • Flooring: Wood
  • Fireplace features: Gas Log
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,804
  • Total interior livable area: 1,804 sqft

Property

Details

  • Parcel number: 081a112890000

Features

  • Levels: One
  • Stories: 1
  • Exterior features: None
  • Fencing: Privacy,Full

Lot

  • Lot size: 8,712 sqft
  • Features: City Lot

Parking

  • Total spaces: 2
  • Parking features: Attached,Concrete
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Lightning
Strong Wind
Winter Weather
Hail
Inland Flooding
Ice Storm

FEMA Declared Disasters in Madison County and Mississippi

Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,744$20,928
Home Insurance *$214$2,568
Property Taxes $178$2,136
Electricity $192$2,304
Total$2,328$27,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$79,817/yr
40% on housing$69,840/yr
45% on housing$62,080/yr

Mississippi FAIR Plan Programs

Mississippi Windstorm Underwriting Association

Covered
HailHail
WindWind
Visit Website →

Mississippi Residential Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,237Commercial: -4
Total Premiums$1.77M
Total Exposure$137.66M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.3%
5.3%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -1.3%
-1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$191This listing

vs Other Active Listings

Avg $/sqft

ZIP 39110$211
Madison County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 39110$179
Madison County$172

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-09Price change$345,000
2026-02-06Listed for sale$350,000
2020-05-29Sold--

For Sale by Agent

AgentVictoria Prowant
BrokerageSouthern Homes Real Estate

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