54Alpha

Madison, IN metro area Housing Market Brief

metro · IN · as of August 2026

Balanced

What is Madison, IN metro area’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%
37
Inventory Health25%
81
Affordability20%
42
Economic Strength20%
72
Rental Yield15%
24

Where is Madison, IN metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Madison, IN metro area 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, IN metro area?

Our model forecasts Madison, IN metro area’s home prices to decline about 5.4% over the next 12 months (medium 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, IN metro area housing market data

MetricValueYoY
Median Sale Price$295K▲ +16.1%
Median Days on Market59 days▲ +3.5%
Months of Supply3.0-3.2%
Homes for Sale88-13.7%
Homes Sold29-12.1%
Median Price / Sq Ft$157-8.7%

How has Madison, IN metro area’s Alpha Score moved?

Now: 54
12-period trend
Median sale price · 12 mo

Markets like Madison, IN metro area

Frequently asked questions

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

As of August 2026, Madison, IN metro area is classified as a Balanced Market, based on its Alpha Score of 54 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Madison, IN metro area?

The median sale price in Madison, IN metro area is $295K, having risen 16.1% over the past year.

How affordable is Madison, IN metro area?

Madison, IN metro area scores 42 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Madison, IN metro area's Alpha Score?

Madison, IN metro area's strongest dimension is Inventory Health (81/100) and its weakest is Rental Yield (24/100). The Alpha Score is a weighted blend of all five dimensions.

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