Why Live in Madison
Madison, located along the Ohio River, is known for its historic charm and affordable lifestyle. The neighborhood features one of the largest historic districts in the U.S., with 133 blocks showcasing 19th-century architecture, including Federal, Greek, and Colonial Revival styles. Madison's prime location on the Indiana-Kentucky border places it about 100 miles from Louisville, Cincinnati, and Indianapolis. The area is home to over 12,000 residents and key employers like the Norton King’s Daughters’ Hospital system. Madison's vibrant Main Street is lined with boutiques, eateries, and hosts the annual Madison Regatta, a high-speed boat race along the Ohio River, accompanied by the Roostertail Music Festival. The neighborhood offers various attractions, such as Clifty Falls State Park with its hiking trails and waterfalls, Crystal Beach Aquatic Park, and the Lanier Mansion State Historic Site. Housing options range from modest three-bedroom ranch-style homes to expansive estates, with prices significantly lower than the national average. Madison Consolidated Schools serve the area, providing a high-rated education system. Residents enjoy shopping at River Pointe Center and the Madison Farmers Market, and dining at local eateries in Downtown Madison. The neighborhood is car-dependent, with the Ohio Scenic Byway providing access to nearby cities and the Louisville International Airport 55 miles away. Crime rates in Jefferson County, which includes Madison, are lower than the national average, contributing to the area's appeal.
Home Trends in Madison, IN
On average, homes in Madison, IN sell after 50 days on the market compared to the national average of 50 days. The median sale price for homes in Madison, IN over the last 12 months is $235,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$235,000
Median Single Family Sale Price
$240,000
Median 1 Bedroom Sale Price
$217,950
Average Price Per Sq Ft
$159
Number of Homes for Sale
54
Last 12 months Home Sales
247
Median List Price
$259,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
7%