Madison, KS Foreclosures
Current Market Conditions in in Madison, KS As of February 2026?
In the past month, Madison has experienced a slight uptick in real estate activity, with an increase in new listings available. This has brought new variety to the market with homes ranging from updated constructions to charming historic houses. The average days on market for listings has decreased slightly, indicating a growing interest among potential buyers looking for homes in this peaceful setting.
How much do homes sell for in Madison, KS?
The average home price is currently $138,440.
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 $778,535.
What is currently the cheapest priced home in Madison, KS?
The cheapest home for sale in Madison is priced at $23,352.
Living in Madison, KS
Madison, Kansas is a charming small town that embodies small-town America with its friendly atmosphere, strong community ties, and beautiful landscapes. Known for its agricultural roots, Madison provides a peaceful environment and a family-friendly ambiance. Residents benefit from local schools and a variety of outdoor activities, making it an ideal location for those looking to embrace a simpler way of life.
Buyer vs Seller Market in Madison, KS
Madison's real estate market has shown stability in recent years, with a gradual increase in property values. The cost of homes in Madison remains relatively affordable compared to urban areas, which makes it an appealing option for first-time buyers and retirees. Houses here often feature larger lots, allowing families to enjoy outdoor space.
The demand for homes in Madison has grown as people seek out rural living options. New listings are being added regularly, and homes often sell within a reasonable timeframe. The presence of a strong community spirit, along with the natural beauty of the Flint Hills, attracts more buyers to this serene location.
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 $94,562.00. 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 $138,440.00, with the most expensive house
in Madison, KS, topping out
at $778,535.00 and the cheapest home
in Madison, KS,
clocking in at $23,352.00. 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.