Madison · ZIP 35758
Governors Estates Homes for Sale and Home Values
A small neighborhood of about 42 lots, platted in 1986, with mostly one-story homes built around 1986, typically about 1,600 sq ft.
As of November 1, 2026. Compiled by Wyze Realty.
Governors Estates Homes for Sale
As of November 1, 2026, no Valley MLS home is listed for sale in Governors Estates. The most recent sale here closed in July 2026. Homes here can sell without much notice, so the waiting list below is the surest way to hear about the next one.
Nothing is listed right now. When a home here goes on the market it will show in this spot.
See Every Home for Sale on the Map
How Often Homes Sell Here
About 1 in 32 Homes Sells Each Year
Over the last 3 years, 4 resale homes sold here out of about 42 lots, roughly 1 a year, or roughly one every nine months. That is close to the middle of the neighborhoods we track.
Governors Estates Home Values
What's My Home Worth Here?
There have not been enough recent resales of similar homes in Governors Estates for an honest instant range. A local agent can compare your home with the closest sales here and nearby.
Not an appraisal. Your exact value comes from a free, no-pressure walk-through with a local agent.
What Homes Like Yours Sold For
Most sales: under 1,600 sq ft, median $260K
What resale homes in Governors Estates brought over the last 3 years, by size. Your home's row is a fair first look at its value. Most sales here were in the under 1,600 group.
| Home size | Sales | Median | Range |
|---|---|---|---|
| Under 1,600 sq ft | 3 | $260K | $260K to $275K$165 per sq ft |
| 1,600 to 1,999 | 1 | $295K | one sale$184 per sq ft |
How the Market Is Moving
60 days listing to closing, 98.4% of asking, seller-leaning market
These use the last 3 years because fewer than 3 homes resold here in the last 12 months.
Listings priced near recent sales have moved faster than the stretch-priced ones.
Recent Home Sales in Governors Estates
All 4 sales in the last 3 years. Street names only; days are from listing to closing.
| Street | Sq ft | Sold | Closed |
|---|---|---|---|
| Bibb Drive3 bd / 2 ba | 1,576 | $260K$165/sq ft | Jul 202659 days |
| Bibb Drive3 bd / 2 ba | 1,596 | $260K$163/sq ft | Sep 2025252 days |
| Bibb Drive3 bd / 1.75 ba | 1,600 | $295K$184/sq ft | Feb 202528 days |
| Bibb Drive3 bd / 2 ba | 1,372 | $275K$200/sq ft | Aug 202461 days |
Schools for Governors Estates Homes
About These School Assignments
Per the listings; verify an address with Madison City Schools
Most recent Governors Estates listings show these assigned schools; the outline crosses a zone line, so a few show another school (noted on the card).
Assigned schools per the listings. Zone lines can change, so verify a specific address with Madison City Schools before you buy.
Around Governors Estates
Map of Governors Estates and Nearby Neighborhoods
The outline plus 12 nearby neighborhoods with prices and homes for sale
Governors Estates is in Madison, ZIP 35758. Use the map search to see every home listed under this name.
Neighborhood History
First platted 1986, about 42 lots
Governors Estates was recorded with Madison County in 1986, laying out about 42 lots on roughly 12 acres. Homes that have sold or listed recently were built from 1986 to 1987 and range from about 1,350 to 1,600 sq ft; 4 of the 4 with a recorded style were one-story.
Compare Nearby Neighborhoods
These are sales in nearby neighborhoods, not in Governors Estates itself: resale and new home sales in the last 12 months, nearest first.
| Neighborhood | Sales | Median | Per sq ft |
|---|---|---|---|
| Governors Estatesthis page | 1 | $260K | $165 |
| Willow CreekFirst platted 2016, 96 lots | 3 | $635K | $188 |
| Madison PointFirst platted 1985, 65 lots | 3 | $342K | $150 |
| Park MeadowFirst platted 1989, 301 lots | 12 | $338K | $171 |
| OakstoneFirst platted 2005, 151 lots | 12 | $470K | $168 |
Compare More Nearby Neighborhoods
Millstone and Milltown Townhomes
| Neighborhood | Sales | Median | Per sq ft |
|---|---|---|---|
| MillstoneFirst platted 2008, 211 lots | 9 | $605K | $170 |
| Milltown Townhomes | 3 | $180K | $118 |
All sales, including new homes, so every row compares the same way. Neighborhoods with fewer than 2 sales are left out.
More nearby: Madison neighborhoods · ZIP 35758 market
Tools for This Neighborhood
Governors Estates Questions
What do homes in Governors Estates sell for?
As of November 1, 2026, 4 resale homes in Governors Estates sold in the last 3 years at a median price of $267,500, or $175 per square foot. Most sales fall between about $260K and $295K depending on size.
How often do homes come up for sale in Governors Estates?
Over the last 3 years, 4 resale homes sold here, about 1 a year out of roughly 42 lots, or about 1 home in 32 each year. That is about typical for the neighborhoods we track.
What schools are Governors Estates homes assigned to?
Listings in Governors Estates show Madison Elementary, Journey Middle and James Clemens High School in Madison City Schools. A few listings near the edge show a different school. Zone lines can change, so verify a specific address with the district.
How old are the homes in Governors Estates?
The first plat was recorded with Madison County in 1986. Homes that have sold or listed recently were built from 1986 to 1987.
Are most homes in Governors Estates one story?
Yes. 4 of the 4 recent listings with a recorded style were one-story, typically about 1,600 sq ft.
Talk to a Local Agent About Governors Estates
Thinking about a move in or out of Governors Estates? Ask us anything; you will get a plain answer and no sales pitch.
Source: ValleyMLS; deemed reliable but not guaranteed. Homes, townhomes and condos listed under the subdivision name Governors Estates in ZIP 35758. Figures are medians as of November 1, 2026. Lot counts and plat years from Madison County subdivision plats. This is general market information, not an appraisal or a value opinion for any specific home.
No current listings, please check back later.