49Alpha

Madison County, IN Housing Market Brief

county · IN · score computed October 2026

Balanced

What is Madison County, IN’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●46
Inventory Health25%
●17

Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band

Affordability20%
●68
Economic Strength20%
●55
Rental Yield15%
●77

Where is Madison County, IN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Madison County, IN is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Madison County, IN?

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, IN housing market data

MetricValueYoYSource
Median Sale Price$214K▲ +20.6%Redfin
Median Days on Market51 days▲ +183.3%Redfin
Months of Supply3.4▲ +25.9%Redfin
Homes for Sale489▲ +34%Redfin
Homes Sold144▲ +5.1%Redfin
Median Price / Sq Ft$132▲ +23.9%Redfin

How has Madison County, IN’s Alpha Score moved?

Now: 49
2-period trend
Median sale price · 12 mo

Markets like Madison County, IN

Frequently asked questions

Is Madison County, IN a buyer's or seller's market?

In the scores computed October 2026, Madison County, IN is classified as a Balanced Market, based on its Alpha Score of 49 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Madison County, IN?

The median sale price in Madison County, IN is $214K, having risen 20.6% over the past year, according to Redfin.

How affordable is Madison County, IN?

Madison County, IN scores 68 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Madison County, IN's Alpha Score?

Madison County, IN's strongest dimension is Rental Yield (77/100) and its weakest is Inventory Health (17/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Madison County, IN? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.