All Reports › Housing Affordability › Madison County • September 2026 • All Residential

Housing Affordability

Home price and typical payment compared to income

Summary

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Housing Affordability • Madison County • September 2026

Affordability

Payment as a Percent of Income

Based on 3-mo. median sale price
September 2026
31.2%
Year-over-year change
+22%
Compared to 25.6% last year
Difference from state
-11%
Compared to 34.9% in Indiana
View source and notes...

Last update: Oct. 7, 2026, midnight Source: IAR Data Warehouse / American Community Survey Data notes: Assumes 10% down payment, 0.77% tax rate, 0.83% insurance rate, 0.79% PMI rate. Interest rates are based on the national 4-week rolling average. Income is the Median Household Income series, including its projected years.

Affordable Listings

Pct. of listings in last 90 days affordable to household earning $75K
September 2026
58.3%
Year-over-year change
-1%
Compared to 58.8% last year
Difference from state
+57%
Compared to 37.0% in Indiana
View source and notes...

Last update: Oct. 7, 2026, midnight Source: IAR Data Warehouse Data notes: Assumes 10% down payment, 0.77% tax rate, 0.83% insurance rate, 0.79% PMI rate. Interest rates are based on the national 4-week rolling average.

Demographics

Median Household Income

Adjusted to current dollars
January 2026
$64,861
Year-over-year change
-1%
Compared to $65,377 last year
Difference from state
-14%
Compared to $75,847 in Indiana
View source and notes...

Last update: Oct. 7, 2026, midnight Source: American Community Survey and Bureau of Labor Statistics Employment Cost Index Data notes: Median household income from the American Community Survey: 1-year estimate where available, 5-year otherwise; county groups are household-weighted. Each year is averaged with the prior year to smooth sampling noise. The latest two years are projections: the ACS figure from two years earlier grown by the two-year change in the BLS Employment Cost Index (December to December), replaced when that ACS year is published.

Market Momentum

Price

Median Monthly Payment

For median-priced home
September 2026
$1,684
Year-over-year change
+21%
Compared to $1,393 last year
Difference from state
-24%
Compared to $2,209 in Indiana
View source and notes...

Last update: Oct. 7, 2026, midnight Source: IAR Datawarehouse Data notes: Assumes 10% down payment, 0.77% tax rate, 0.83% insurance rate, 0.79% PMI rate. Interest rates are based on the national 4-week rolling average.

Median Sale Price

3-Month Rolling Median
September 2026
$215,000
Year-over-year change
+16%
Compared to $185,000 last year
Difference from state
-24%
Compared to $282,000 in Indiana
View source and notes...

Last update: Oct. 7, 2026, midnight Source: IAR Data Warehouse Data notes: -

Sales

Closed Sales by Price

12-month rolling total
All properties, October 2026
1,780
+7%
Under $250K
1,150
+2%
At Least $250K
630
+17%
View source and notes...

Last update: Oct. 7, 2026, midnight Source: IAR MLS Data Warehouse Data notes: None

Supply

New Listings by Price

12-month rolling total
All properties, October 2026
2,400
+15%
Under $250K
1,508
+11%
At Least $250K
892
+22%
View source and notes...

Last update: Oct. 7, 2026, midnight Source: IAR MLS Data Warehouse Data notes: None

Inventory by Price

Average daily inventory in latest month
All properties, October 2026
456
+26%
Under $250K
290
+27%
At Least $250K
167
+25%
View source and notes...

Last update: Oct. 7, 2026, midnight Source: IAR MLS Data Warehouse Data notes: None