Madison, IN metro area Housing Market Brief
metro · IN · as of August 2026
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.
Where is Madison, IN metro area in its market cycle?
Madison, IN metro area 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, 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
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $254K | ▲ +13.2% |
| Median Days on Market | 59 days | ▲ +3.5% |
| Months of Supply | 4.4 | ▼ -8.3% |
| Homes for Sale | 112 | ▲ +5.7% |
| Homes Sold | 26 | ▲ +13% |
| Median Price / Sq Ft | $160 | ▲ +8.3% |
How has Madison, IN metro area’s Alpha Score moved?
Markets like Madison, IN metro area
- Watertown, SD metro area, SDmetro59
- Brookings, SD metro area, SDmetro60
- Norfolk, NE metro area, NEmetro56
- Lebanon, MO metro area, MOmetro51
- Maryville, MO metro area, MOmetro62
- Washington, IN metro area, INmetro63
- Sulphur Springs, TX metro area, TXmetro60
- Thomaston, GA metro area, GAmetro60
- Jamestown, ND metro area, NDmetro61
- Union City, TN metro area, TNmetro58
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 56 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 $254K, having risen 13.2% over the past year.
How affordable is Madison, IN metro area?
Madison, IN metro area scores 64 out of 100 on affordability — relatively 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 Economic Strength (72/100) and its weakest is Price Momentum (45/100). 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.