Madison County, NE Home Values & Market Trends

The median home price in Madison County, NE is $226,289.56. There were 227 home sales in Madison County, NE over the past 12 months. The median residential Madison County, NE home value for transactions over the previous year is $250,000. The number of current listings in Madison County, NE is 47, and the percentage of properties for sale is 47.00%. The county has 8 foreclosures, 1 bank owned properties, 3 headed for auction, and 47 properties for sale.

Madison County, NE Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Norfolk

$ 241,594

$ 186/sqft

Madison

$ 196,707

$ 159/sqft

Battle Creek

$ 230,276

$ 147/sqft

Tilden

$ --

$ --

Newman Grove

$ 338,140

$ 106/sqft

Meadow Grove

$ --

$ --

Housing Market Summary for Madison County, NE

Apr 2023March 2024Change
Median Listing Price$198.7K$212.8K7.11%
Median Sold Price$208.8K$212.8K1.93%
Homes For Sale374521.62%
Homes Sold13089-31.54%
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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%.

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Browse Homes in Madison County, NE

Madison County, NE home values range from $23,102 to $1,513,720. Newman Grove is the priciest city with a median listing home price of $371,950, and Battle Creek is most affordable with average house prices of around $201,950.

Foreclosure
There are 6 cities within Madison County, NE; within these cities, the median estimated home value for homes in foreclosure ranges from $211,122 in Norfolk to the lowest value of $130,887 in Norfolk. Foreclosure homes account for 0.00% of properties in Madison County, NE with Norfolk containing 7 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.04% of all residential properties in Madison County, NE with Norfolk containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 6 cities within Madison County, NE; of those cities, the estimated home value for pre-foreclosure homes ranges from $167,581 in Norfolk to the lowest home value of $130,887 in Norfolk.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Madison County, NE ranges from the highest value of $179,746 in Norfolk to the lowest value of $179,746 in Norfolk. Bank owned homes and properties account for 0.01% of properties in Madison County, NE. There are 6 cities within Madison County, NE; Norfolk containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Norfolk has 2 auction properties, the highest number of properties going to auction in a single city in the state of Madison County, NE. Auction homes and other auction properties account for 0.03% of all properties in Madison County, NE. There are 6 cities within Madison County, NE; of those cities, the median estimated home value for homes going to auction ranges from $367,962 in Battle Creek to the lowest value of $183,145 in Battle Creek.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.41% of residential properties in Madison County, NE with Norfolk containing 46 homes for sale, the highest number of listed properties in a single city. There are 6 cities within Madison County, NE; homes for sale in those cities, have a range of median values from $395,382 in Newman Grove to the lowest value of $80,010 in Norfolk.
    Sold Homes
    The median value for recently sold homes ranges from $660,313 in Tilden to the lowest price of $34,251 in Tilden. There are 6 cities within Madison County, NE. Norfolk has 81 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 0.77% of properties in Madison County, NE.

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      Guide for Madison County, NE

      Wholesaling
      Lincoln’s Real Estate Market Shows Strong Growth Trend from March 2023 to February 2024
      Wholesaling
      Omaha Real Estate Market Thrives Amidst Fluctuations – A Look At Early 2023 to 2024 Trends
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      See More Articles
      Lincoln’s Real Estate Market Shows Strong Growth Trend from March 2023 to February 2024
      Wholesaling|posted 25 March 2024

      Lincoln, Nebraska’s real estate market has seen steady growth in average property values from March 2023 to February 2024. The market exhibits rising demand and prices, indicating there may be value buys available.

      Omaha Real Estate Market Thrives Amidst Fluctuations – A Look At Early 2023 to 2024 Trends
      Wholesaling|posted 8 February 2024

      Omaha’s real estate market displayed significant activity with a seasonal peak in sold properties and fluctuations in property values and demand, alongside notable price differences between Douglas and Sarpy Counties and varied trends in nearby cities, indicating a dynamic and diverse housing market

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Recently Listed Homes Madison County, NE

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