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Madison County, IL Real Estate & Property Data

Madison County Real Estate Market Trends
Last Updated: November 29, 2023

With up-to-date real estate data get detailed insight into Madison County, IL sourced from the nation’s leading property data provider. The current median home price in Madison County, IL is $171,000. Madison County real estate data shows that there have been a total of 5,686 residential properties sold over the past 12 months. ATTOM’s Madison County real estate data indicates that the county has 60 properties in foreclosure and 20 REOs (real estate bank owned) properties.

Madison County Real Estate Market Trends
Get property data for any address in Madison County, IL or the country:
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 98,785
Total Commercial Properties 7,307
Avg. Home Age (Single Family Home) 56 Years
Avg. Square Feet (Single Family Home) 1,245
Total 2023 Residential Sales (year-to-date) 3,891
% of Homes Seriously Underwater (Q4 2023) 1.54%
Total 2022 Residential Sales 5,823
% of Equity Rich Homes (Q4 2023) 35.61%
Effective 2022 Property Tax 1.68%
Total Foreclosure Filings (year-to-date) 570
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Madison County, IL Real Estate Overview

There were 5,686 residential properties sold in the past year in Madison County, IL. The median home value in Madison County, IL is $169,712. There are a total of 98,785 residential properties in the Madison.

Median Sales Price i
$171,000
(Sep 2023)
-0.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • September '23 Sep '23 $171,000
  • August '23 Aug '23 $180,000
  • July '23 Jul '23 $183,500
  • June '23 Jun '23 $198,500
  • May '23 May '23 $164,000
  • April '23 Apr '23 $160,000
  • March '23 Mar '23 $155,000
  • February '23 Feb '23 $165,000
  • January '23 Jan '23 $158,000
  • December '22 Dec '22 $168,500
  • November '22 Nov '22 $155,000
  • October '22 Oct '22 $173,500
Median Down Payment i
$15,040
(Sep 2023)
+5.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • September '23 Sep '23 $15,040
  • August '23 Aug '23 $16,800
  • July '23 Jul '23 $16,675
  • June '23 Jun '23 $18,475
  • May '23 May '23 $11,750
  • April '23 Apr '23 $11,500
  • March '23 Mar '23 $10,500
  • February '23 Feb '23 $11,547
  • January '23 Jan '23 $12,012
  • December '22 Dec '22 $13,362
  • November '22 Nov '22 $15,000
  • October '22 Oct '22 $12,375
Number of Homes Sold i
426
(Sep 2023)
-16%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • September '23 Sep '23 426
  • August '23 Aug '23 529
  • July '23 Jul '23 393
  • June '23 Jun '23 500
  • May '23 May '23 476
  • April '23 Apr '23 364
  • March '23 Mar '23 503
  • February '23 Feb '23 373
  • January '23 Jan '23 327
  • December '22 Dec '22 395
  • November '22 Nov '22 434
  • October '22 Oct '22 459
Number of Purchase Loans i
268
(Sep 2023)
-28.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • September '23 Sep '23 268
  • August '23 Aug '23 342
  • July '23 Jul '23 297
  • June '23 Jun '23 348
  • May '23 May '23 299
  • April '23 Apr '23 244
  • March '23 Mar '23 300
  • February '23 Feb '23 188
  • January '23 Jan '23 238
  • December '22 Dec '22 262
  • November '22 Nov '22 298
  • October '22 Oct '22 313
Number of REFI Loans i
137
(Sep 2023)
-44.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • September '23 Sep '23 137
  • August '23 Aug '23 157
  • July '23 Jul '23 147
  • June '23 Jun '23 159
  • May '23 May '23 130
  • April '23 Apr '23 118
  • March '23 Mar '23 121
  • February '23 Feb '23 112
  • January '23 Jan '23 141
  • December '22 Dec '22 109
  • November '22 Nov '22 124
  • October '22 Oct '22 142
Number of HELOC Loans i
159
(Sep 2023)
+156.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • September '23 Sep '23 159
  • August '23 Aug '23 158
  • July '23 Jul '23 137
  • June '23 Jun '23 139
  • May '23 May '23 125
  • April '23 Apr '23 118
  • March '23 Mar '23 135
  • February '23 Feb '23 115
  • January '23 Jan '23 147
  • December '22 Dec '22 115
  • November '22 Nov '22 154
  • October '22 Oct '22 166

Madison County, IL Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Madison County, IL Foreclosure Activity

There were a total of 60 Madison County, IL properties with a foreclosure filing in September 2023. Lenders started the foreclosure process on 43 Madison County, IL properties and repossessed 20 Madison County, IL properties through completed foreclosures (REOs) in September 2023.

Total Foreclosure Filings i
60
(Sep 2023)
-28.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • September '23 Sep '23 60
  • August '23 Aug '23 50
  • July '23 Jul '23 68
  • June '23 Jun '23 44
  • May '23 May '23 71
  • April '23 Apr '23 51
  • March '23 Mar '23 79
  • February '23 Feb '23 78
  • January '23 Jan '23 69
  • December '22 Dec '22 90
  • November '22 Nov '22 50
  • October '22 Oct '22 82
Foreclosure Starts i
43
(Sep 2023)
-37.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • September '23 Sep '23 43
  • August '23 Aug '23 26
  • July '23 Jul '23 42
  • June '23 Jun '23 26
  • May '23 May '23 40
  • April '23 Apr '23 34
  • March '23 Mar '23 50
  • February '23 Feb '23 50
  • January '23 Jan '23 33
  • December '22 Dec '22 70
  • November '22 Nov '22 26
  • October '22 Oct '22 44
Completed Foreclosures (REOs) i
20
(Sep 2023)
+100%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • September '23 Sep '23 20
  • August '23 Aug '23 13
  • July '23 Jul '23 14
  • June '23 Jun '23 12
  • May '23 May '23 14
  • April '23 Apr '23 19
  • March '23 Mar '23 16
  • February '23 Feb '23 2
  • January '23 Jan '23 17
  • December '22 Dec '22 7
  • November '22 Nov '22 13
  • October '22 Oct '22 16
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