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Single-family Foreclosures 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 $245,370.
In Madison, IN, how many homes are available?
There are currently 29 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 $2,058,800.
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 picturesque small town bordered by the Ohio River, famous for its historic district and community-focused lifestyle. With ample outdoor activities and robust educational facilities, it offers a pleasing living experience for families and retirees alike. The downtown area features eclectic shops and local eateries that cater to the diverse needs of its residents.

Current Market Conditions in Madison, IN

The real estate market in Madison, IN has shown positive growth trends, with a steady increase in property values over recent years. Investors are drawn to the town due to its affordability relative to surrounding areas and the anticipated economic development that could further boost property values.

Investing in Madison offers potential for strong rental yields, as the demand for housing remains consistent among families and individuals looking for a quiet lifestyle near larger urban centers. The blend of historical charm and modern amenities contributes to its allure.

Home Value Estimator For Madison, IN

There are currently 7,677 real estate properties in Madison, IN, with a median automated valuation model (AVM) price of $220,061.00. 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 $245,370.00, with the most expensive house in Madison, IN, topping out at $2,058,800.00 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 Single-family Homes


Market Trend for Madison, IN

Total Listings Available: 29

Market Values:

Home Prices from $16,422 to $2,058,800

Average Sales Price: $245,370

Rental Values:

Rental from $500 to $2,140

Average Rent Value: $1,132 / month

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