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Foreclosures in Madison, ME

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Madison, ME Foreclosures

Current Market Conditions in in Madison, ME As of February 2026?
Over the past month, Madison's real estate market has remained steady, with a slight increase in new listings. Buyers have more options to choose from, as previously limited inventory has begun to open up. The average home price remains stable with only a minor fluctuation attributed to seasonal demand. Sales activity reflects a consistent interest, particularly among first-time homebuyers and those looking for vacation homes in a peaceful setting.
How much do homes sell for in Madison, ME?
The average home price is currently $241,980.
In Madison, ME, how many homes are available?
There are currently 7 active home listings available in Madison.
What’s the average rental cost in Madison, ME?
The average rental price in Madison is $920.
What is the most expensive home in Madison?
The most expensive home sold in Madison had a price of $1,684,500.
What is currently the cheapest priced home in Madison, ME?
The cheapest home for sale in Madison is priced at $10,429.

Living in Madison, ME

Madison, ME is a quaint and picturesque town located on the banks of the Kennebec River. Known for its strong community spirit, it offers a blend of outdoor activities, local amenities, and good schools, making it an ideal location for families and retirees alike. With a rich history and beautiful natural surroundings, Madison combines the charm of small-town life with easy access to larger urban centers.

Buyer vs Seller Market in Madison, ME

The real estate market in Madison, ME currently favors buyers, with a slight increase in inventory over the past few months. Home prices have stabilized, showing a modest growth trend as more families explore the area for its affordable housing and vibrant community.

Recent statistics show a balanced market, where properties are spending an average of 30 days on the market before selling. The affordability factor continues to attract new residents, especially those from larger cities seeking more space and outdoor opportunities.

Home Value Estimator For Madison, ME

There are currently 2,170 real estate properties in Madison, ME, with a median automated valuation model (AVM) price of $213,988.00. 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, ME, 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, ME, is $241,980.00, with the most expensive house in Madison, ME, topping out at $1,684,500.00 and the cheapest home in Madison, ME, clocking in at $10,429.00. In other words, there’s something for every potential homebuyer or savvy investor in Madison, ME!

Rent Prices In Madison, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Madison, ME, is on a rollercoaster ride. The average rent price in Madison, ME, is $920.00. Indeed, when looking to rent in Madison, ME, you can expect to pay as little as $630.00 or as much as $1,350.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Madison, ME -- 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, ME Foreclosures

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