Madison, IN Foreclosures
Current Market Conditions in in Madison, IN As of February 2026?
Over the past month, Madison has experienced a slight uptick in home prices, reflective of the overall trend across Indiana. Homes are moving quickly off the market as buyers seek out the unique living experience offered in this quaint town. The variety in types of homes available, from historic to new builds, continues to draw interest.
How much do homes sell for in Madison, IN?
The average home price is currently $260,279.
In Madison, IN, how many homes are available?
There are currently 54 active home listings available in Madison.
What’s the average rental cost in Madison, IN?
The average rental price in Madison is $1,129.
What is the most expensive home in Madison?
The most expensive home sold in Madison had a price of $3,730,007.
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, IN, is a picturesque small town known for its beautiful riverside views and rich historical significance. With a close-knit community and plenty of activities, it's an excellent place for families and outdoor lovers alike. Its vibrant arts scene and numerous festivals make Madison a lively place to call home.
Buyer vs Seller Market in Madison, IN
The real estate market in Madison, IN, remains stable, with a steady demand for homes, particularly due to the town’s unique charm and appeal. Many first-time homebuyers and families are drawn to the area, resulting in a balanced supply and demand environment.
In recent months, there has been a noticeable increase in home renovations and buyers looking for properties that require some TLC, coupled with a rise in interest for historic homes, given Madison's rich historical backdrop.
Home Value Estimator For Madison, IN
There are currently 8,312 real estate properties
in Madison, IN,
with a median automated valuation model (AVM) price
of $230,615.00. 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 $260,279.00, with the most expensive house
in Madison, IN, topping out
at $3,730,007.00 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 $1,129.00. 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.
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