Market Intelligence Report — IN-500

Madison, IN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IN-09
As of the latest 2026 data
Very Weak

Median Listing

$309K
-6.3% YoY

Pending Ratio

0.22
-5.7% YoY

Active Inventory

123
+23.6% YoY

Median DOM

72 Days
+50.0% YoY

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The Madison, IN market exhibits very weak conditions, characterized by a low pending ratio of 0.22. This indicates a significant imbalance between demand and supply, with active listings having expanded by 23.6% year-over-year, while the median listing price declined 6.3% year-over-year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Madison market right now.

The market is experiencing a significant contraction in demand absorption, as evidenced by a pending ratio of 0.22, representing a 5.7 percentage point decline year-over-year. Active listings increased by 23.6% year-over-year, contributing to expanded inventory, even as new listings contracted by 13.6% over the past year. Median days on market lengthened by 50.0% year-over-year, reaching 72 days, further indicating slowing market velocity.

Joshua Holt
Joshua Holt
Keller Williams Realty

“Local pricing and inventory dynamics across Madison shift block by block — happy to walk through what's actually closing.”

Historical Analysis

Market Trends

Median Price

$309K-4.8% MoM

Active Inventory

123+23.6% YoY

Days on Market

72+50.0% YoY

Sold Score™

27-5.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

27
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Negotiating leverage favors greater price discipline from sellers due to an influx of inventory and extended market times. The low absorption rate suggests that properties are taking longer to move from listing to pending status, increasing inventory pressure. This environment warrants careful pricing strategies to attract buyer interest.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

123 active listings represent the current floor, with new supply arriving at roughly 38 per month.

Pricing Pressure
23.7%

of active listings carry a price reduction, +2.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +5.9% year-over-year.

Absorption
0.22

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Madison, IN? Homes here are taking 24 days longer to sell than last year.

Buyers have leverage in Madison, IN. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
22%
Median Days on Market
72 days
Inventory YoY
+24%

In a buyer's market, strategy beats timing. See how your home scores in Madison, IN and what moves the number.

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Talk to a listing expert who is actively selling in Madison, IN.

Joshua Holt →

Keller Williams Realty

How these recommendations are chosen →

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Metro Demographics

Metro Area
Madison, IN
CBSA Code
31500
State
IN

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