Is Madison County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
Since last year, Madison County has remained a Seller's Market.
How much do homes in Madison County, IN cost?
Median Sold Price
$164,861
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
Median Sold Price By Bedroom Count
# BEDS | Feb 2022 | Feb 2023 | % |
---|---|---|---|
1 Bedroom | $30K | $35K | +16.7% |
2 Bedrooms | $84.2K | $98.8K | +17.3% |
3 Bedrooms | $159K | $171.7K | +8.0% |
4 Bedrooms | $209.8K | $248K | +18.2% |
5+ Bedrooms | $287.2K | $281K | -2.2% |
Median Sold Price Compared To Nearby Counties
Hancock County | $288.7K | $334.2K | +15.8% |
Hamilton County | $349.9K | $394.9K | +12.8% |
Delaware County | $127.1K | $139.9K | +10.1% |
Madison County | $152.7K | $164.8K | +7.9% |
Henry County | $138K | $130.9K | -5.1% |
How many homes are available in Madison County, IN?
Number of Homes For Sale
Jan 2023 | Feb 2023 | % |
---|---|---|
400 | 413 | +3.3% |
Homes For Sale By Bedroom Count
# BEDS | Jan 2023 | Feb 2023 | % |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 86 | 94 | +9.3% |
3 Bedrooms | 220 | 218 | -0.9% |
4 Bedrooms | 76 | 82 | +7.9% |
5+ Bedrooms | 15 | 15 | 0.0% |
Number of Homes Sold
Jan 2023 | Feb 2023 | % |
---|---|---|
91 | 106 | +16.5% |
Asking Price vs. Sold Price
67 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Average Sale Time
Feb 2022 | Feb 2023 | % |
---|---|---|
28 Days | 57 Days | +104.2% |
Breakdown of Home Sale Times
45 Homes Were Sold
Under 30 Days
32 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days