Madison, KS Foreclosures
Current Market Conditions in in Madison, KS As of March 2026?
Over the past month, Madison's real estate market has maintained its stability, with little fluctuation in property prices. New listings are being added, but they are met with quick sales due to continued buyer interest, particularly among young families and individuals seeking affordable living options. Local economic factors, including employment stability and community development, contribute positively to this environment.
How much do homes sell for in Madison, KS?
The average home price is currently $141,450.
In Madison, KS, how many homes are available?
There are currently 1 active home listings available in Madison.
What’s the average rental cost in Madison, KS?
The average rental price in Madison is $980.
What is the most expensive home in Madison?
The most expensive home sold in Madison had a price of $774,523.
What is currently the cheapest priced home in Madison, KS?
The cheapest home for sale in Madison is priced at $18,347.
Living in Madison, KS
Madison, Kansas, is a small tight-knit town offering a peaceful and friendly environment. With a strong sense of community, residents enjoy local amenities, outdoor activities, and educational institutions that cater to all age groups. Madison is perfect for families and retirees looking for a serene place to call home.
Buyer vs Seller Market in Madison, KS
The Madison real estate market is currently stable with a balanced supply of homes available. In recent months, prices have seen modest increases as demand remains steady. The community's appeal due to its affordable housing options and quality of life is attracting new residents, further boosting the market's resilience.
Current trends indicate that single-family homes are in demand, particularly among first-time buyers and retirees. The market is seeing an uptick in renovations as older homes are being updated, enhancing property values.
Home Value Estimator For Madison, KS
There are currently 658 real estate properties
in Madison, KS,
with a median automated valuation model (AVM) price
of $98,639.00. 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, KS, 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, KS,
is $141,450.00, with the most expensive house
in Madison, KS, topping out
at $774,523.00 and the cheapest home
in Madison, KS,
clocking in at $18,347.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Madison, KS!
Rent Prices
In Madison, KS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Madison, KS, is on
a rollercoaster ride. The
average rent price in Madison, KS,
is $980.00. Indeed, when looking to rent in
Madison, KS, you can expect to pay as little
as $590.00 or as much
as $1,300.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Madison, KS
-- 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.