Madison County, IL Housing

Madison, IL County has a housing median value of $164,400, which is much lower than the US house median value of $338,100. Despite this, the house appreciation in Madison over the past year has been 12.16%, which is higher than the national average of 8.27%. This suggests that Madison's housing market is thriving and could be a great place to invest in real estate.

The median home cost in Madison County is $164,400. Home appreciation the last 10 years has been 42.7%. Home Appreciation in Madison County is up 10.6%.

Average Age of Homes

- The median age of Madison County real estate is 49 years old

The Rental Market in Madison County

- Renters make up 26.1% of the Madison County population
- 1.3% of houses and apartments in Madison County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Madison, Illinois	United States
	118,518.0	139,647,020.0
	51	42
	$164,400	$338,100
	10.6%	16.6%
	35.6%	57.0%
	42.7%	101.1%
	$20.27	$10.98
	$2,881	$2,690
	66.6%	57.4%
	8.7%	11.2%
	24.8%	31.4%
Vacant Housing
	1.3%	1.9%
	0.4%	0.4%
	1.1%	0.7%
	0.2%	0.4%
	0.2%	3.6%
	5.5%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	3.1%	2.4%
	5.6%	2.8%
	9.1%	3.9%
	11.4%	4.5%
	21.8%	11.3%
	17.1%	13.0%
	17.3%	20.1%
	8.0%	13.6%
	2.2%	8.3%
	1.6%	9.7%
	0.4%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	11.2%	13.6%
	11.2%	13.6%
	12.0%	13.6%
	9.5%	13.2%
	12.5%	14.8%
	12.0%	13.6%
	13.8%	10.0%
	7.7%	4.7%
	14.9%	12.2%

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