Madison County, IN Home Values & Market Trends
The median home price in Madison County, IN is $189,848. There were 3,186 home sales in Madison County, IN over the past 12 months. The median residential Madison County, IN home value for transactions over the previous year is $149,241. The number of current listings in Madison County, IN is 2,490, and the percentage of properties for sale is 2490.00%. The county has 198 foreclosures, 33 bank owned properties, 29 headed for auction, and 2,490 properties for sale.
Madison County, IN Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Anderson | $ 161,640 $ 123/sqft | Ingalls | $ 249,900 $ 142/sqft |
| Pendleton | $ 330,998 $ 164/sqft | Markleville | $ 240,829 $ 184/sqft |
| Elwood | $ 155,900 $ 116/sqft | Summitville | $ 203,969 $ 116/sqft |
| Alexandria | $ 174,369 $ 123/sqft | Frankton | $ 185,639 $ 136/sqft |
| Lapel | $ 258,889 $ 170/sqft | Orestes | $ -- $ -- |
Housing Market Summary for Madison County, IN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $184.9K | $199.9K | 8.11% |
| Median Sold Price | $170K | $168.3K | -0.98% |
| Homes For Sale | 1,389 | 2,436 | 75.38% |
| Homes Sold | 959 | 900 | -6.15% |
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, IN
Browse Homes in Madison County, IN
Madison County, IN home values range from $11,900 to $2,100,000. Pendleton is the priciest city with a median listing home price of $369,450, and Anderson is most affordable with average house prices of around $174,900.
- Pre-ForeclosurePre-foreclosure homes account for 3.60% of all residential properties in Madison County, IN with Anderson containing 88 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 10 cities within Madison County, IN; of those cities, the estimated home value for pre-foreclosure homes ranges from $319,425 in Lapel to the lowest home value of $39,900 in Anderson.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Madison County, IN ranges from the highest value of $236,683 in Pendleton to the lowest value of $18,172 in Anderson. Bank owned homes and properties account for 0.87% of properties in Madison County, IN. There are 10 cities within Madison County, IN; Anderson containing 24 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsAnderson has 19 auction properties, the highest number of properties going to auction in a single city in the state of Madison County, IN. Auction homes and other auction properties account for 0.77% of all properties in Madison County, IN. There are 10 cities within Madison County, IN; of those cities, the median estimated home value for homes going to auction ranges from $220,080 in Ingalls to the lowest value of $42,423 in Ingalls.
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More Real Estate Resources for Madison County, IN
Guide for Madison County, IN
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 […]
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