Madison, IN Housing Market
The Madison housing market is somewhat competitive. The median sale price of a home in Madison was $307K last month, up 46.3% since last year. The median sale price per square foot in Madison is $143, down 20.1% since last year.
Madison Housing Market Trends
In November 2025, Madison home prices were up 46.3% compared to last year, selling for a median price of $307K. On average, homes in Madison sell after 70 days on the market compared to 11 days last year. There were 20 homes sold in November this year, up from 11 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Madison housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 5% below list price and go pending in around 68 days.
- Hot homescan sell for about 1% below list price and go pending in around 37 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 49 days.
- Hot homescan sell for around list price and go pending in around 21 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 24 days.
- Hot homescan sell for around list price and go pending in around 7 days.
Madison Migration & Relocation Trends
View houses in Madison that sold recently
Recently sold homes
- $135,000 Last Sold Price2 beds1 bath1,152 sq ft1602 Cragmont, Madison, IN 47250List Price$136,500Sale to List1% under listDays on Market91 days1602 Cragmont, Madison, IN 47250
- $59,900 Last Sold Price—beds—baths—sq ft412 W Hentz Ln, Madison, IN 47250List Price$59,900Sale to List0% over listDays on Market48 days412 W Hentz Ln, Madison, IN 47250
- $240,000 Last Sold Price4 beds5 baths3,716 sq ft422 E Second St, Madison, IN 47250List Price$265,000Sale to List9% under listDays on Market230 days422 E Second St, Madison, IN 47250
- $240,000 Last Sold Price4 beds5 baths3,716 sq ft422-424 E Second St, Madison, IN 47250EXP Realty LLCList Price$265,000Sale to List9% under listDays on Market230 days422-424 E Second St, Madison, IN 47250
- $199,000 Last Sold Price3 beds1 bath1,008 sq ft250 W Meadowlark Cir, Madison, IN 47250List Price$209,900Sale to List5% under listDays on Market99 days250 W Meadowlark Cir, Madison, IN 47250
- $120,300 Last Sold Price3 beds1 bath1,632 sq ft514 East St, Madison, IN 47250List Price$139,900Sale to List14% under listDays on Market70 days514 East St, Madison, IN 47250
- $175,000 Last Sold Price5 beds1 bath2,736 sq ft121 Wray St, Madison, IN 47250List Price$200,000Sale to List13% under listDays on Market225 days121 Wray St, Madison, IN 47250
- $132,000 Last Sold Price1 bed1 bath1,360 sq ft1131 Walnut St, Madison, IN 47250List Price$114,000Sale to List16% over listDays on Market150 days1131 Walnut St, Madison, IN 47250
See all recently sold homes in Madison.
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Schools in Madison
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Lydia Middleton Elementary School Public • PreK-4 | 335 Students | 4 reviews |
6/10 Madison Consolidated Junior High School Public • 5-8 | 743 Students | 6 reviews |
5/10 Anderson Elementary School Public • PreK-4 | 457 Students | 4 reviews |
Climate's impact on Madison housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Madison.
Flood Factor - Severe
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Wind likelihood over time
Heat Factor - Major
Heat Factor

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