Madison, IN Housing Market & City Data

Explore key insights and real experiences from people who call Madison home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

11,861
Population Estimate
$135,407
Median Home Value
94.4%
Employment Rate
22.0%
Bachelor's Degree+

Housing & Demographic Overview

Key insights about the community

Data as of September 2026

HOUSING DATA (September 2026)

Median Price per SqFt$178
Median Listing Price$319,000
Median Days on Market69
Active Listings86
New Listings24
Total Listings (Active + Pending)101
Avg Listing Price$361,384
Avg Listing Price Change MoM-3%
Avg Listing Price Change YoY4%

HOUSEHOLD OVERVIEW

Family Size2.79
Family Dual Income43.9
Median Household Income$40,231
Median Individual Income$24,374
Home Ownership58.3%
Home Value$135,407
Median Rent$720
Rent Burden30.7%
Poverty20.0%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

  • No Highschool Degree or GED10.7%
  • Highschool Education37.3%
  • Some College30.0%
  • Bachelors Degree13.6%
  • Graduate Degree8.4%
  • Total College or Above22.0%
  • Stem Degree38.2%

GENDER BREAKDOWN

  • Male42.4%
  • Female57.6%

MARITAL STATUS

  • Married38.7%
  • Divorced21.3%
  • Never Married30.5%
  • Widowed9.5%

CITY DATA & AGE BREAKDOWN

CITY DATA

CityMadison
State IDIN
Population11,861

AGE BREAKDOWN

Age Group% of Population
Under 1819.8%
19–2913.5%
30–3913.6%
40–4911.4%
Age Group% of Population
50–5915.2%
60–6914.4%
70–797.3%
80+4.9%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation50.0%
Unemployment Rate5.6%
Disabled17.8%

ETHNICITY

White90.4%
Black4.1%
Asian1.4%
Native American0.1%
Pacific Islander0.0%
Other2.5%
Multiple1.5%

OTHER

Hispanic5.1%
Limited English0.8%
Health Uninsured7.6%
Veteran6.8%

Local Discussions

Community questions and conversations about living in Madison, IN.

  1. Is Madison, IN a good place to buy a house?

    Local perspectives on Madison home prices, buyer demand, neighborhoods, and what to consider before buying a home.

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  2. What are the best neighborhoods in Madison, IN for families?

    Local insights on Madison neighborhoods, schools, parks, commute times, and other factors families may want to consider.

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  3. What should home buyers know about the Madison, IN housing market?

    Local insights on Madison home prices, housing inventory, buyer competition, and current real estate market conditions.

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  4. Is it better to buy or rent a home in Madison, IN?

    Compare Madison home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.

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  5. What are the most affordable neighborhoods in Madison, IN?

    Explore Madison neighborhoods where home buyers may find more affordable housing options and better value for their budget.

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  6. How much income do you need to buy a house in Madison, IN?

    Learn how Madison home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.

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  7. How much are property taxes on a home in Madison, IN?

    Learn how Madison property taxes are calculated and how they can affect the overall cost of owning a home.

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  8. What are the best neighborhoods in Madison, IN for first-time home buyers?

    Explore Madison neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.

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  9. What is it like to live in Madison, IN?

    Local perspectives on Madison neighborhoods, cost of living, weather, commuting, things to do, and everyday life.

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  10. What should I know before moving to Madison, IN?

    What newcomers should know about Madison housing costs, neighborhoods, transportation, weather, and everyday expenses.

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Top Real Estate Agents in Madison, IN

Neighborhoods in Madison, IN

No neighborhoods were found in the current property sample.