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County Overview

Madison County, IN

Aggregate real estate market report across county ZIPs
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Madison County, IN real estate market currently shows 616 active listings, with 179 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has increased compared to last year, with 152 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 59 days on market compared to 41 days last year.

The median listing price has fallen 13.6% year-over-year, from $223,425 to $193,000.

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Market Context

Market Context

Population: 130,247  ·  Density: 305.7/mi²  ·  Median household income: $60,819

Typical home value: $134,645  ·  Homeownership: 70.5%

Included Areas

Anderson: 46011, 46012, 46014, 46015, 46017

Meadowbrook: 46016, 46018

Alexandria: 46001

Harmeson Heights: 46013

Elwood: 46036

Frankton: 46044

Ingalls: 46048

Lapel: 46051

Markleville: 46056

Orestes: 46063

Pendleton: 46064

Summitville: 46070

Area Map

Market Overview

Active Listings
616
⇧ 32.8% vs 464 last year
Pending
179
29% pending ratio
Median Price
$193,000
⇩ 13.6% vs $223,425 last year
Average Price
$236,817
⇩ 5.6% vs $250,882 last year
Days on Market
59
⇧ 43.9% vs 41 days last year

Price Per Square Foot

Median $/sqft
$126
⇧ 2.4% vs $123/sqft last year
Median Home Size
1,550 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.7%
Listings with no price change
Price Reduced
0.3%
⇧ 24.3% vs 0.2% last year
Price Increased
0%
⇧ 104.8%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %