Madison County, IL Housing Market Brief
county · IL · as of May 2026
What is Madison County, IL’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Madison County, IL in its market cycle?
Madison County, IL is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
Madison County, IL housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $245K | ▲ +22.5% |
| Median Days on Market | 35 days | ▲ +16.7% |
| Months of Supply | 2.0 | ▲ +11.1% |
| Homes for Sale | 570 | ▼ -4.4% |
| Homes Sold | 290 | ▼ -10.5% |
| Median Price / Sq Ft | $144 | ▲ +18.4% |
| Sale-to-List Ratio | 99.9% | ▼ -1.3% |
How has Madison County, IL’s Alpha Score moved?
Markets like Madison County, IL
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- Winnebago County, IL, ILcounty60
- St. Clair County, IL, ILcounty56
- McLean County, IL, ILcounty58
- Manitowoc County, WI, WIcounty55
- Huron County, OH, OHcounty55
- Fulton County, OH, OHcounty55
- Mower County, MN, MNcounty54
- Orange County, TX, TXcounty62
Frequently asked questions
Is Madison County, IL a buyer's or seller's market?
As of May 2026, Madison County, IL is classified as a Seller's Market, based on its Alpha Score of 63 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Madison County, IL?
The median sale price in Madison County, IL is $245K, having risen 22.5% over the past year.
How affordable is Madison County, IL?
Madison County, IL scores 77 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Madison County, IL's Alpha Score?
Madison County, IL's strongest dimension is Price Momentum (80/100) and its weakest is Economic Strength (46/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Madison County, IL? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.