Madison, IN—47224
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Madison, IN
Home Price Trends — Madison, IN
As of Oct '25, the median home price in Madison, IN is $320,000, with a year-over-year change of 8.0%. This indicates that home prices in Madison, IN are increasing. According to Zillow, the 1-year price projection is 4.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $320,000 | 8.0% |
| Single Family | $320,000 | 8.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Madison, IN
Madison, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Madison, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Madison, IN is 205. This is a increase of 2200.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $330,000 | 88.0% |
Listing Count | 1 | 33.0% |
| Listings as % of Homes | 1.6% | 33.0% |
Days on Market | 205 | 2,200.0% |
Demographics — Madison, IN
As of the latest ACS Survey released in 2023, Madison, IN has a population of 396, which has decreased by -38.3% over the past 5 years. Madison, IN is a popular place for families, as children make up 38.1% of the population. The area has a poorly educated workforce, with 23.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 396 | -38.3% |
% Under 18 | 38.1% | 37.5% |
% Seniors | 10.9% | -63.2% |
% WFH | 27.0% | ∞% |
% w/ College Degree | 23.9% | 408.5% |
Madison, IN lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 100.0% | 1.6% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Madison, IN
Madison, IN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Madison, IN
Madison, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $780 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,180 |
| 4 Bedroom | N/A | N/A | $1,510 |
Affordability — Madison, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $320,000 |
| Median Household Income | $101,000 |