Madison County, IL Housing Market Brief
county · IL · as of August 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.
What’s the forecast for Madison County, IL?
Our model forecasts Madison County, IL’s home prices to decline about 2.1% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Madison County, IL housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $219K | ▲ +1.4% |
| Median Days on Market | 34 days | ▼ -2.9% |
| Months of Supply | 2.1 | 0% |
| Homes for Sale | 730 | ▲ +13.5% |
| Homes Sold | 351 | ▲ +9% |
| Median Price / Sq Ft | $130 | ▲ +2.3% |
How has Madison County, IL’s Alpha Score moved?
Markets like Madison County, IL
Frequently asked questions
Is Madison County, IL a buyer's or seller's market?
As of August 2026, Madison County, IL is classified as a Seller's Market, based on its Alpha Score of 61 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 $219K, having risen 1.4% over the past year.
How affordable is Madison County, IL?
Madison County, IL scores 85 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 Affordability (85/100) and its weakest is Inventory Health (40/100). 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.