Madison County, IN real estate

What the numbers say

Madison County, IN real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

In September 2026, the median home in Madison County listed for $193,000, down 13.6% from a year earlier. That is 35% below the Indiana median of $299,000.

Homes spent a median of 59 days on the market, slower than 41 days a year ago. That makes Madison County the #28 fastest-selling of 30 Indiana counties we track.

Homeowners in Madison County pay a median of $1,192 a year in property taxes on a median home value of $161,300, an effective rate of about 0.74%. The Indiana average is 0.74%, which makes Madison County the #69 lowest-tax of 92 counties in the state with published tax data.

Renters pay a median of $939 a month, and $947 for a two-bedroom. At today's prices a typical home costs about 17 times a year's rent.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $193,000 home here comes to about $1,252 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $54,000 a year (the median household here earns $63,037).