Madison County, IN Home Values & Market Trends
The median home price in Madison County, IN is $150,334.06. There were 4,334 home sales in Madison County, IN over the past 12 months. The median residential Madison County, IN home value for transactions over the previous year is $99,412.978. The number of current listings in Madison County, IN is 63, and the percentage of properties for sale is 63.00%. The county has 173 foreclosures, 16 bank owned properties, 34 headed for auction, and 63 properties for sale.
Madison County, IN Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Anderson | $ 125,949 $ 98/sqft | Frankton | $ 259,000 $ 124/sqft |
| Pendleton | $ 290,332 $ 146/sqft | Lapel | $ 300,000 $ 163/sqft |
| Alexandria | $ 162,307 $ 73/sqft | Ingalls | $ -- $ -- |
| Elwood | $ 139,297 $ 93/sqft | Orestes | $ -- $ -- |
| Markleville | $ 1,196,122 $ 196/sqft | Summitville | $ -- $ -- |
Housing Market Summary for Madison County, IN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $152.5K | $146.4K | -4.03% |
| Median Sold Price | $148.1K | $146.4K | -1.17% |
| Homes For Sale | 66 | 47 | -28.79% |
| Homes Sold | 1,513 | 1,413 | -6.61% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Madison County, IN
Browse Homes in Madison County, IN
Madison County, IN home values range from $16,436 to $61,386,302. Markleville is the priciest city with a median listing home price of $1,700,000, and Anderson is most affordable with average house prices of around $111,950.
- Pre-ForeclosurePre-foreclosure homes account for 0.26% of all residential properties in Madison County, IN with Anderson containing 75 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 10 cities within Madison County, IN; of those cities, the estimated home value for pre-foreclosure homes ranges from $304,415 in Ingalls to the lowest home value of $30,876 in Alexandria.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Madison County, IN ranges from the highest value of $184,072 in Pendleton to the lowest value of $29,700 in Alexandria. Bank owned homes and properties account for 0.03% of properties in Madison County, IN. There are 10 cities within Madison County, IN; Elwood containing 6 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsAnderson has 21 auction properties, the highest number of properties going to auction in a single city in the state of Madison County, IN. Auction homes and other auction properties account for 0.07% of all properties in Madison County, IN. There are 10 cities within Madison County, IN; of those cities, the median estimated home value for homes going to auction ranges from $314,108 in Ingalls to the lowest value of $63,783 in Ingalls.
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More Real Estate Resources for Madison County, IN
Guide for Madison County, IN
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