Madison, KS 66860 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Madison, KS—66860

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$135,000

0.6% YoY Growth

Household Income

$62,300

58.3% YoY Growth

Days on Market

61

46.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Madison, KS

Madison, KS lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$135,000	0.6%
Single Family	$137,000	-0.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Madison, KS

Madison, KS 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

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% of Rental Stock

1 Bedroom

5.6%

2 Bedrooms

41.3%

3 Bedrooms

33.3%

4 Bedrooms

17.5%

5+ Bedrooms

2.4%

Property Listings — Madison, KS

As of Dec '25, Realtor.com reports that the median days on market for a home in Madison, KS is 36. This is a decrease of -38.0% from last year, suggesting that homes are sitting on the market shorter 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	$68,700	129.0%
Listing Count	5	50.0%
Listings as % of Homes	0.3%	50.0%
Days on Market	61	-46.0%

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Demographics — Madison, KS

As of the latest ACS Survey released in 2023, Madison, KS has a population of 1,390, which has increased by 7.7% over the past 5 years. Madison, KS is a moderately popular place for families, as children make up 24.1% of the population. The area has a moderately educated workforce, with 29.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,390	7.7%
% Under 18	24.1%	17.6%
% Seniors	18.4%	-11.1%
% WFH	3.0%	15.4%
% w/ College Degree	29.2%	38.4%

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As of the latest ACS Survey released in 2023, Madison, KS is a predominantly white area, with 92.7% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Madison, KS is hispanic, making up 3.1% of the population. Foreign-born residents account for 0.4% of the population in Madison, KS, and this percentage has increased by 33.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	92.7%	-0.7%
% Black	1.2%	300.0%
% Hispanic	3.1%	-38.0%
% Asian	0.0%	N/A
% Foreign Born	0.4%	33.3%

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Mortgage and Risk — Madison, KS

According to HUD data as of 2023, there were 20 mortgage originations in Madison, KS, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Madison, KS. Investor activity is low, as 15.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	20
% Conventional Loans	80.0%
% Government Loans	20.0%
% Investor Loans	15.0%
% Second Loans	0.0%
% Cash Out Refinance	5.0%

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Rentals and Section 8 — Madison, KS

Madison, KS lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	21
Total Units Section 8	21
% 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	$660
2 Bedroom	N/A	N/A	$870
3 Bedroom	N/A	N/A	$1,090
4 Bedroom	N/A	N/A	$1,260

Madison, KS—66860

Key Metrics at a Glance

Home Price Trends — Madison, KS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Madison, KS

% of Rental Stock

Property Listings — Madison, KS

Demographics — Madison, KS

Race and Ethnicity

Mortgage and Risk — Madison, KS

Mortgages

Rentals and Section 8 — Madison, KS

Section 8 Market Size

Section 8 Opportunity

Affordability — Madison, KS

Home Price to Income Ratio

Madison, KS — ZIP Code Boundary Map

Nearby ZIP Codes

Olpe, KS

Hartford, KS

Emporia, KS

Neosho Rapids, KS

Cottonwood Falls, KS

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2
Median Home Price	$135,000
Median Household Income	$62,300

Madison, KS—66860

Key Metrics at a Glance

Home Price Trends — Madison, KS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Madison, KS

% of Rental Stock

Property Listings — Madison, KS

Demographics — Madison, KS

Race and Ethnicity

Mortgage and Risk — Madison, KS

Mortgages

Rentals and Section 8 — Madison, KS

Section 8 Market Size

Section 8 Opportunity

Affordability — Madison, KS

Home Price to Income Ratio

Madison, KS — ZIP Code Boundary Map

Nearby ZIP Codes

Olpe, KS

Hartford, KS

Emporia, KS

Neosho Rapids, KS

Cottonwood Falls, KS

Frequently Asked Questions

What is the average home price in Madison, KS 66860?

How have home prices in Madison, KS 66860 changed over the past year?

What is the home price projection for Madison, KS 66860?

What are the demographics of Madison, KS 66860?

How long does it take homes to sell in Madison, KS 66860?

What is the average rent price in Madison, KS 66860?