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

Housing Affordability

Home price and typical payment compared to income

Summary

Generating summary...

Housing Affordability • Madison County • October 2026

Affordability

Payment as a Percent of Income

Based on 3-mo. median sale price
October 2026
31.5%
Year-over-year change
+27%
Compared to 24.9% last year
Difference from state
-11%
Compared to 35.6% in Indiana
View source and notes...

Last update: Nov. 7, 2026, 8:53 a.m. 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
October 2026
57.1%
Year-over-year change
-9%
Compared to 62.8% last year
Difference from state
+58%
Compared to 36.2% in Indiana
View source and notes...

Last update: Nov. 7, 2026, 8:39 a.m. 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: Nov. 7, 2026, 8:53 a.m. 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
October 2026
$1,704
Year-over-year change
+26%
Compared to $1,356 last year
Difference from state
-24%
Compared to $2,250 in Indiana
View source and notes...

Last update: Nov. 7, 2026, 8:39 a.m. 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
October 2026
$210,000
Year-over-year change
+16%
Compared to $181,495 last year
Difference from state
-24%
Compared to $277,250 in Indiana
View source and notes...

Last update: Nov. 7, 2026, 8:39 a.m. Source: IAR Data Warehouse Data notes: -

Sales

Closed Sales by Price

12-month rolling total
All properties, November 2026
1,782
+8%
Under $250K
1,142
+0%
At Least $250K
640
+23%
View source and notes...

Last update: Nov. 7, 2026, 9:42 a.m. Source: IAR MLS Data Warehouse Data notes: None

Supply

New Listings by Price

12-month rolling total
All properties, November 2026
2,403
+13%
Under $250K
1,502
+9%
At Least $250K
901
+21%
View source and notes...

Last update: Nov. 7, 2026, 9:42 a.m. Source: IAR MLS Data Warehouse Data notes: None

Inventory by Price

Average daily inventory in latest month
All properties, November 2026
476
+28%
Under $250K
313
+26%
At Least $250K
163
+34%
View source and notes...

Last update: Nov. 7, 2026, 9:42 a.m. Source: IAR MLS Data Warehouse Data notes: None