The Madrona Village housing market is very competitive. The median sale price of a home in Madrona Village was $316K last month, up 26.4% since last year. The median sale price per square foot in Madrona Village is $168, up 1.8% since last year.
What is the housing market like in Madrona Village today?
In October 2024, Madrona Village home prices were up 26.4% compared to last year, selling for a median price of $316K. On average, homes in Madrona Village sell after 43 days on the market compared to 49 days last year. There were 18 homes sold in October this year, up from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$316,000
+26.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Madrona Village, IL
$316,000
+26.4%
United States
To compare other locations to the Madrona Village and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Round Lake add value to a home.
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How hot is the Madrona Village housing market?
Madrona Village is very competitive. Homes sell in 44 days.
0
100
73
Very Competitive
Redfin Compete Score™
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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 44 days.
Hot homes
can sell for about 4% above list price and go pending in around 37 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
102.2%
+0.2 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Madrona Village housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Madrona Village.
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Madrona Village has a minor risk of flooding. 13 properties in Madrona Village are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in Madrona Village. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Madrona Village has a moderate risk of wildfire. There are 822 properties in Madrona Village that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Madrona Village.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Madrona Village has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Madrona Village is most at risk from hurricanes. 824 properties in Madrona Village have some risk of being in a severe wind event within the next 30 years.
98% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Madrona Village has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 98% of homes in Madrona Village have a Minor Heat Factor®.
Madrona Village is expected to see a 100% increase in the number of days over 100ºF over the next 30 years. Madrona Village is expected to experience 7