Madison County, IL Home Values & Market Trends

The median home price in Madison County, IL is $201,681. There were 5,459 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 $127,657. The number of current listings in Madison County, IL is 3,692, and the percentage of properties for sale is 3692.00%. The county has 370 foreclosures, 53 bank owned properties, 25 headed for auction, and 3,692 properties for sale.

Madison County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Granite City

$ 138,791

$ 127/sqft

Saint Jacob

$ 401,767

$ 257/sqft

Alton

$ 133,780

$ 126/sqft

Cottage Hills

$ 127,019

$ 123/sqft

Edwardsville

$ 344,204

$ 254/sqft

Madison

$ 60,121

$ 74/sqft

Collinsville

$ 210,000

$ 181/sqft

Hartford

$ 96,974

$ 99/sqft

Godfrey

$ 221,591

$ 182/sqft

South Roxana

$ 87,225

$ 108/sqft

Glen Carbon

$ 345,612

$ 252/sqft

Marine

$ 308,912

$ 210/sqft

Troy

$ 356,500

$ 253/sqft

Roxana

$ 134,124

$ 139/sqft

Wood River

$ 137,387

$ 142/sqft

Alhambra

$ 314,476

$ 220/sqft

Highland

$ 285,446

$ 219/sqft

Hamel

$ 319,831

$ 207/sqft

East Alton

$ 135,703

$ 132/sqft

Livingston

$ 126,464

$ 101/sqft

Bethalto

$ 208,535

$ 175/sqft

Venice

$ 44,239

$ 34/sqft

Maryville

$ 355,263

$ 233/sqft

Dorsey

$ 343,582

$ 229/sqft

Worden

$ 329,997

$ 217/sqft

New Douglas

$ 97,875

$ 85/sqft

Moro

$ 223,193

$ 192/sqft

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Housing Market Summary for Madison County, IL

Sep 2025September 2026Change
Median Listing Price$179.9K$199.9K11.12%
Median Sold Price$215K$194.9K-9.34%
Homes For Sale2,0543,59074.78%
Homes Sold2,6151,707-34.72%
Price
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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%.

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Browse Homes in Madison County, IL

Madison County, IL home values range from $11,025 to $1,350,000. Saint Jacob is the priciest city with a median listing home price of $485,000, and South Roxana is most affordable with average house prices of around $47,900.

Foreclosure
There are 27 cities within Madison County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $358,721 in Alton to the lowest value of $15,309 in Alton. Foreclosure homes account for 5.00% of properties in Madison County, IL with Granite City containing 109 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 4.73% of all residential properties in Madison County, IL with Granite City containing 82 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 $358,052 in Saint Jacob to the lowest home value of $23,150 in Granite City.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Madison County, IL ranges from the highest value of $215,155 in Highland to the lowest value of $15,309 in Alton. Bank owned homes and properties account for 0.86% of properties in Madison County, IL. There are 27 cities within Madison County, IL; Granite City containing 19 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Granite City has 8 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 0.40% 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 $303,148 in Bethalto to the lowest value of $38,503 in Bethalto.
Homes for Sale
Homes and properties that are actively listed for sale account for 59.79% of residential properties in Madison County, IL with Granite City containing 653 homes for sale, the highest number of listed properties in a single city. There are 27 cities within Madison County, IL; homes for sale in those cities, have a range of median values from $450,000 in Dorsey to the lowest value of $11,900 in Madison.
    Sold Homes
    The median value for recently sold homes ranges from $220,204 in Hamel to the lowest price of $11,025 in Hamel. There are 27 cities within Madison County, IL. Granite City has 227 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 28.23% of properties in Madison County, IL.

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      Guide for Madison County, IL

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.