Housing in Madison, IN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$212,000
Median List Price
$278,900
Price Per Sq Ft
$143
Days on Market
55
Active Inventory
41
Months of Supply
5.1
Balanced market
Zillow Home Value
$229,815
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
25.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
96.0%
Buyer's market
Market Activity
Source: RedfinHomes Sold
8
New Listings
17
Pending Sales
8
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$143
Median List $/SF
$159
Madison vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Madison is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$186,600
Median Rent
$827
Total Housing Units
5,661
Vacancy Rate
12.1%
Owner Occupied
58.4%
Renter Occupied
41.6%
Median Property Tax
$1,282
per year
Monthly Cost (w/ Mortgage)
$915
Housing Types
The current median sale price in Madison, IN is $212,000 according to Redfin data. Homes spend a median of 55 days on the market. 25.0% of homes sold above asking price. The market has 5.1 months of supply. The median price per square foot is $143. The median rent is $827 per month (Census ACS). About 58.4% of housing units are owner-occupied. The median year homes were built is 1962. There are 5,661 total housing units.