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Madison Housing Market Report

August 2026 • Updated daily from MLS data

$40,000
Average Price
1
Active Listings
7
Avg Days on Market
$38
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Madison broken down by property type

1
Single Family
View listings
0
Condo
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0
Townhouse
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0
Multifamily
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Price Distribution

How Madison home prices are distributed across price ranges

Under $100K
1
1
$100K–$200K
0
$200K–$300K
0
$300K–$500K
0
$500K–$750K
0
$750K–$1M
0
$1M+
0

Listings by Bedrooms

Bedroom count breakdown for active listings in Madison

0
1 Bed
0
2 Bed
1
3 Bed
0
4 Bed
0
5+ Bed

Demographics & Community

Census data for Madison, Illinois

2,677
Population
$41,429
Median Household Income
49.5
Median Age
$51,700
Census Median Home Value

Housing Occupancy

Total Housing Units1,642
Owner-Occupied698 (52.3%)
Renter-Occupied636 (47.7%)
Vacant Units308
Median Rent$887/mo

Commute & Education

Median Commute1305 min
Work From Home0.3%
Public Transit0.5%
Bachelor's Degree+8.0%
High School Diploma+0.9%

Affordability & Housing Costs

HUD data for the Madison area

Fair Market Rent (2024)

Studio$928/mo
1 Bedroom$972/mo
2 Bedroom$1,209/mo
3 Bedroom$1,565/mo
4 Bedroom$1,818/mo

Income Limits (2024)

Median Family Income$103,200
Low Income (4-person)$82,550
Very Low Income (4-person)$51,600
Extremely Low (4-person)$31,200

Safety & Crime Statistics

Crime data for Madison (2024)

97
Violent Crimes
671
Property Crimes
219
Burglaries
60
Vehicle Thefts

School Districts

School districts serving Madison properties

12

Featured Listings in Madison

Top properties currently on the market

1029 Washington
$40,000
3
1
1,042 sqft
1029 Washington
Madison, IL
View All Madison Properties

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