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Homes for Sale Under 200K in Madison, IN

351 Homes for Sale

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Madison, IN Housing Market Overview

Madison is moving fast, and is a seller's market. Just 3.3 months of supply and 45 days on the market mean less competition for buyers and more leverage for you.

Status

Seller's Market

Days on Market

45

Inventory

351

Aug 2021Mar 2024Mar 2026

Median Home Price

$250,000Up 0.30%

In Mar 2026 · YoY

Aug 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
351 Up 0.35%
Newly Listed Homes
24 Up 0.04%
Months of Supply
3.3 Up 0.20%

Housing Demand

Homes Sold
15 Down 0.00%
Sale-to-List Ratio
96.7% Down 3.16%
Homes Sold Above List
13.3% Down 11.67%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Madison Market Report
  • mls-img
    Based on information from MIBOR REALTOR® Association through Sep 26, 2026, 1:30 AM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.
  • mls-img
    Based on information provided by the Northwest Indiana REALTORS® Association, Inc. Multiple Listing Service through Sep 26, 2026, 1:31 AM as submitted to and distributed by MLS GRID. Information Deemed Reliable But Not Guaranteed. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. © 2026 Northwest Indiana REALTORS® Association, Inc. Multiple Listing Service. All rights reserved.
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Madison, IN Housing Marketlink qauare
Homes Available icon

351

Homes Available

Median List Price icon

$ 250,000

Median List Price

Avg on Market icon

45 Days

Avg on Market

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