Madison, KS—66860
Real Estate Data & Market Trends
Key Metrics at a Glance
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 | $131,000 | 1.1% |
| Single Family | $133,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $61,000 | -4.7% |
3 Bed | $148,000 | 2.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Madison, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Madison, KS is 39. This is a increase of 139.0% 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 | $76,200 | -1.0% |
Listing Count | 5 | 23.0% |
| Listings as % of Homes | 0.3% | 23.0% |
Days on Market | 39 | 139.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Madison, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $131,000 |
| Median Household Income | $62,300 |