Madison County, KY Home Values & Market Trends

The median home price in Madison County, KY is $285,534. There were 999 home sales in Madison County, KY over the past 12 months. The median residential Madison County, KY home value for transactions over the previous year is $250,000. The number of current listings in Madison County, KY is 812, and the percentage of properties for sale is 812.00%. The county has 4 foreclosures, 2 bank owned properties, 2 headed for auction, and 812 properties for sale.

Madison County, KY Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Richmond

$ 301,255

$ 187/sqft

Waco

$ 271,533

$ 195/sqft

Berea

$ 265,000

$ 176/sqft

Housing Market Summary for Madison County, KY

Sep 2025September 2026Change
Median Listing Price$275K$275K-
Median Sold Price$252.5K$239.3K-5.22%
Homes For Sale56677536.93%
Homes Sold21724412.44%
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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, KY

Madison County, KY home values range from $40,802 to $1,250,000. Waco is the priciest city with a median listing home price of $302,250, and Berea is most affordable with average house prices of around $269,900.

Foreclosure
There are 3 cities within Madison County, KY; within these cities, the median estimated home value for homes in foreclosure ranges from $744,351 in Richmond to the lowest value of $104,668 in Richmond. Foreclosure homes account for 0.00% of properties in Madison County, KY with Richmond containing 4 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Madison County, KY with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within Madison County, KY; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Madison County, KY ranges from the highest value of $744,351 in Richmond to the lowest value of $120,863 in Richmond. Bank owned homes and properties account for 0.18% of properties in Madison County, KY. There are 3 cities within Madison County, KY; Richmond containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Richmond has 2 auction properties, the highest number of properties going to auction in a single city in the state of Madison County, KY. Auction homes and other auction properties account for 0.18% of all properties in Madison County, KY. There are 3 cities within Madison County, KY; of those cities, the median estimated home value for homes going to auction ranges from $135,048 in Richmond to the lowest value of $104,668 in Richmond.
Homes for Sale
Homes and properties that are actively listed for sale account for 74.50% of residential properties in Madison County, KY with Richmond containing 527 homes for sale, the highest number of listed properties in a single city. There are 3 cities within Madison County, KY; homes for sale in those cities, have a range of median values from $539,987 in Waco to the lowest value of $40,802 in Berea.
    Sold Homes
    The median value for recently sold homes ranges from $298,802 in Waco to the lowest price of $50,417 in Waco. There are 3 cities within Madison County, KY. Richmond has 167 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 24.77% of properties in Madison County, KY.

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      Guide for Madison County, KY

      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.