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

Housing Affordability

Home price and typical payment compared to income

 Quick Summary

Generating summary...

Housing Affordability • Madison County • July 2026

Subscribe Use This Report
Print or PDF New report All reports

Affordability

Payment as a Percent of Income

Based on 3-mo. median sale price
July 2026
37.0%
Year-over-year change
+5%
Compared to 35.3% last year
Difference from state
-12%
Compared to 42.2% in Indiana
Export chart   Export data   Open chart   Share chart   Map it!  
July 2026
37.0%
Year-over-year change
+5%
Compared to 35.3% last year
Difference from state
-12%
View source and notes...

Last update: Aug. 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.

Affordable Listings

Pct. of listings in last 90 days affordable to household earning $75K
July 2026
61.2%
Year-over-year change
+5%
Compared to 58.2% last year
Difference from state
+69%
Compared to 36.1% in Indiana
Export chart   Export data   Open chart   Share chart   Map it!  
July 2026
61.2%
Year-over-year change
+5%
Compared to 58.2% last year
Difference from state
+69%
View source and notes...

Last update: Aug. 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 2025
$54,008
Year-over-year change
+5%
Compared to $51,494 last year
Difference from state
-13%
Compared to $61,915 in Indiana
Export chart   Export data   Open chart   Share chart   Map it!  
January 2025
$54,008
Year-over-year change
+5%
Compared to $51,494 last year
Difference from state
-13%
View source and notes...

Last update: Aug. 7, 2026, midnight Source: American Community Survey and Bureau of Labor Statistics Employment Cost Index Data notes: The most recent income measure from the American Community Survey is adjusted by two-year change in the Employment Cost Index to adjust to current dollars.

Market Momentum

Price

Median Monthly Payment

For median-priced home
July 2026
$1,663
Year-over-year change
+5%
Compared to $1,588 last year
Difference from state
-24%
Compared to $2,178 in Indiana
Export chart   Export data   Open chart   Share chart   Map it!  
July 2026
$1,663
Year-over-year change
+5%
Compared to $1,588 last year
Difference from state
-24%
View source and notes...

Last update: Aug. 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
July 2026
$217,700
Year-over-year change
+6%
Compared to $205,000 last year
Difference from state
-24%
Compared to $285,000 in Indiana
Export chart   Export data   Open chart   Share chart   Map it!  
July 2026
$217,700
Year-over-year change
+6%
Compared to $205,000 last year
Difference from state
-24%
View source and notes...

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

Sales

Closed Sales by Price

12-month rolling total
All properties, August 2026
1,806
+5%
Under $250K
1,182
+2%
At Least $250K
624
+12%
Export chart   Export data   Open chart   Share chart   Map it!  
All properties, August 2026
1,806
+5%
Under $250K
1,182
+2%
At Least $250K
624
View source and notes...

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

Supply

New Listings by Price

12-month rolling total
All properties, August 2026
2,471
+22%
Under $250K
1,559
+18%
At Least $250K
912
+28%
Export chart   Export data   Open chart   Share chart   Map it!  
All properties, August 2026
2,471
+22%
Under $250K
1,559
+18%
At Least $250K
912
View source and notes...

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

Inventory by Price

Average daily inventory in latest month
All properties, August 2026
494
+65%
Under $250K
317
+66%
At Least $250K
177
+64%
Export chart   Export data   Open chart   Share chart   Map it!  
All properties, August 2026
494
+65%
Under $250K
317
+66%
At Least $250K
177
View source and notes...

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

More for Madison County All metrics

Inventory In Monthly Market Report New Listings In Monthly Market Report Closed Sales by Construction In Detailed Market Overview Closed Sales by Property Type In Detailed Market Overview

Housing Affordability nearby

Hamilton County Delaware County Hancock County

Contact

Indiana Association of REALTORS®
143 W Market St, Ste 100
Indianapolis, IN 46204
Phone: 1.800.284.0084

Report an Issue or Submit an Idea

Housing Hub Issue Tracker

Admin

Labs

Copyright © 2026 Indiana Association of REALTORS®