Zip 47250 (Madison, IN) Housing

Madison, IN has a housing median value of $196,300, which is significantly lower than the U.S. median value of $338,100. Despite this, house prices in Madison have experienced an appreciation rate of 8.69% over the past year, which is slightly higher than the national average of 8.27%. This suggests that Madison's housing market is healthy and may continue to grow in value as time goes on.

The median home cost in Madison (zip 47250) is $196,300. Home appreciation the last 10 years has been 74.5%. Home Appreciation in Madison (zip 47250) is up 15.8%.

Average Age of Homes

- The median age of Madison (zip 47250) real estate is 47 years old

The Rental Market in Madison (zip 47250)

- Renters make up 27.3% of the Madison (zip 47250) population
- 1.5% of houses and apartments in Madison (zip 47250), 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, Indiana	United States
	10,447.0	139,647,020.0
	50	42
	$196,300	$338,100
	15.8%	16.6%
	56.8%	57.0%
	74.5%	101.1%
	$7.35	$10.98
	$1,087	$2,690
	59.1%	57.4%
	10.9%	11.2%
	30.1%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	1.9%	0.7%
	0.3%	0.4%
	1.9%	3.6%
	5.3%	4.1%
Value of Owner-Occupied Housing
	6.9%	2.6%
	4.1%	2.4%
	1.3%	2.8%
	7.2%	3.9%
	10.7%	4.5%
	20.8%	11.3%
	19.5%	13.0%
	20.0%	20.1%
	5.2%	13.6%
	2.4%	8.3%
	1.4%	9.7%
	0.1%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	9.4%	13.6%
	9.4%	13.6%
	13.3%	13.6%
	11.0%	13.2%
	15.3%	14.8%
	13.3%	13.6%
	6.8%	10.0%
	4.0%	4.7%
	22.3%	12.2%

Reviews for Madison

See all (0)

Write a Review

Start Your Review of Madison

Commute

The premier source for comprehensive city data for over 30 years.