Madison County, IL Home Values & Market Trends
The median home price in Madison County, IL is $164,537.97. There were 5,545 home sales in Madison County, IL over the past 12 months. The median residential Madison County, IL home value for transactions over the previous year is $109,652.545. The number of current listings in Madison County, IL is 489, and the percentage of properties for sale is 489.00%. The county has 540 foreclosures, 55 bank owned properties, 89 headed for auction, and 489 properties for sale.
Madison County, IL Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Granite City | $ 120,918 $ 86/sqft | Madison | $ 54,310 $ 64/sqft |
Edwardsville | $ 323,924 $ 135/sqft | Alhambra | $ 124,826 $ 87/sqft |
Alton | $ 118,694 $ 89/sqft | Cottage Hills | $ 100,153 $ 93/sqft |
Collinsville | $ 188,875 $ 112/sqft | Hartford | $ 45,000 $ 35/sqft |
Godfrey | $ 175,000 $ 112/sqft | Moro | $ 156,442 $ 137/sqft |
Wood River | $ 116,604 $ 91/sqft | Venice | $ 26,830 $ 15/sqft |
Glen Carbon | $ 321,375 $ 128/sqft | New Douglas | $ 122,000 $ 110/sqft |
Highland | $ 272,692 $ 128/sqft | Marine | $ 129,900 $ 48/sqft |
Troy | $ 248,188 $ 138/sqft | South Roxana | $ 51,900 $ 50/sqft |
East Alton | $ 71,750 $ 82/sqft | Livingston | $ 124,177 $ 69/sqft |
Bethalto | $ 158,880 $ 103/sqft | Hamel | $ 269,900 $ 145/sqft |
Maryville | $ 294,375 $ 128/sqft | Roxana | $ -- $ -- |
Worden | $ 325,000 $ 111/sqft | Dorsey | $ -- $ -- |
Saint Jacob | $ 384,900 $ 135/sqft |
Housing Market Summary for Madison County, IL
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $139.9K | $156.8K | 12.04% |
Median Sold Price | $150.1K | $156.8K | 4.45% |
Homes For Sale | 304 | 344 | 13.16% |
Homes Sold | 2,781 | 2,194 | -21.11% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Madison County, IL
Browse Homes in Madison County, IL
Madison County, IL home values range from $10,195 to $6,599,313. Edwardsville is the priciest city with a median listing home price of $379,950, and Venice is most affordable with average house prices of around $36,450.
- Pre-ForeclosurePre-foreclosure homes account for 0.41% of all residential properties in Madison County, IL with Granite City containing 108 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 27 cities within Madison County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $319,900 in Dorsey to the lowest home value of $22,192 in Alton.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Madison County, IL ranges from the highest value of $165,373 in Edwardsville to the lowest value of $22,079 in Granite City. Bank owned homes and properties account for 0.06% of properties in Madison County, IL. There are 27 cities within Madison County, IL; Granite City containing 20 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsGranite City has 22 auction properties, the highest number of properties going to auction in a single city in the state of Madison County, IL. Auction homes and other auction properties account for 0.09% of all properties in Madison County, IL. There are 27 cities within Madison County, IL; of those cities, the median estimated home value for homes going to auction ranges from $315,118 in Highland to the lowest value of $22,646 in Highland.
Compare Nearby Cities
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