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Foreclosure Homes in Madison, IN

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Madison, IN Foreclosures

How much do homes sell for in Madison, IN?
The average home price is currently $253,906.
In Madison, IN, how many homes are available?
There are currently 55 active home listings available in Madison.
What’s the average rental cost in Madison, IN?
The average rental price in Madison is $1,132.
What is the most expensive home in Madison?
The most expensive home sold in Madison had a price of $2,049,000.
What is currently the cheapest priced home in Madison, IN?
The cheapest home for sale in Madison is priced at $16,422.

Living in Madison, IN

Madison, Indiana is a quaint river town with a vibrant historic downtown, known for its stunning architecture and scenic river views. It offers a rich lifestyle with shops, restaurants, and recreational activities for residents and visitors alike. With quality schools and a strong sense of community, Madison is an ideal place for families looking to settle down in a charming environment.

Current Market Conditions in Madison, IN

The current real estate market in Madison is stable, with a healthy mix of available homes for sale and increasing demand among buyers due to the town's desirable amenities and beautiful scenery. Home prices have shown slight appreciation, reflecting the area's attractiveness and the demand for housing.

Madison's market attracts a diverse demographic, ranging from young professionals drawn by the town's charm to retirees looking for a peaceful place to live. The growing interest in the area from new residents is causing a gradual increase in home values over the last few months.

Home Value Estimator For Madison, IN

There are currently 7,673 real estate properties in Madison, IN, with a median automated valuation model (AVM) price of $227,302.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Madison, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Madison, IN, is $253,906.00, with the most expensive house in Madison, IN, topping out at $2,049,000.00 and the cheapest home in Madison, IN, clocking in at $16,422.00. In other words, there’s something for every potential homebuyer or savvy investor in Madison, IN!

Rent Prices In Madison, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Madison, IN, is on a rollercoaster ride. The average rent price in Madison, IN, is $1,132.00. Indeed, when looking to rent in Madison, IN, you can expect to pay as little as $500.00 or as much as $2,140.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Madison, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Madison, IN Foreclosures


Market Trend for Madison, IN

Total Listings Available: 55

Market Values:

Home Prices from $16,422 to $2,049,000

Average Sales Price: $253,906

Rental Values:

Rental from $500 to $2,140

Average Rent Value: $1,132 / month

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