Madison County, IL Housing Market Brief
county · IL · score computed October 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.
Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band
Where is Madison County, IL in its market cycle?
Madison County, IL is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Madison County, IL?
County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Madison County, IL housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $227K | ▲ +10.7% | Redfin |
| Median Days on Market | 34 days | ▼ -2.9% | Redfin |
| Months of Supply | 2.4 | ▲ +9.1% | Redfin |
| Homes for Sale | 740 | ▲ +5.4% | Redfin |
| Homes Sold | 302 | ▼ -5.9% | Redfin |
| Median Price / Sq Ft | $135 | ▲ +4.9% | Redfin |
How has Madison County, IL’s Alpha Score moved?
Markets like Madison County, IL
- St. Clair County, IL, ILcounty52
- St. Lawrence County, NY, NYcounty61
- Lawrence County, PA, PAcounty57
- Fulton County, NY, NYcounty57
- Cattaraugus County, NY, NYcounty65
- Broome County, NY, NYcounty58
- Schuylkill County, PA, PAcounty57
- Delaware County, IN, INcounty55
- Upshur County, TX, TXcounty50
- Chautauqua County, NY, NYcounty54
Frequently asked questions
Is Madison County, IL a buyer's or seller's market?
In the scores computed October 2026, Madison County, IL is classified as a Balanced Market, based on its Alpha Score of 58 out of 100. The classification reflects current price, building, 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 $227K, having risen 10.7% over the past year, according to Redfin.
How affordable is Madison County, IL?
Madison County, IL scores 80 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 (80/100) and its weakest is Inventory Health (23/100). 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.