The story of this market
The typical home in Madison County, Illinois sells for about $229,500, or $136 per square foot.
Over the long run, values in this county have grown 107% since 2000. Last year 45 of 58 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is heat wave, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,349 a month.
HUD sets the fair market rent for a 2-bedroom at $1,349 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2000–2025
+6.9%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+12.2%). Worst: 2009 (-2.6%). Hover to read a year.
Monthly price momentum
Home values since 2015
+5.4%
IL · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,731
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+6.9%
2025 change
FHFA repeat-sales index, median of 58 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
75
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $154,889,184.
Mortgage activity
Home lending in this county
83.5%
2019 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 10845 | 6043 | 81.1% | 8.9% | $125,000 |
| 2019 | 12841▲ | 7242▲ | 83.5%▲ | 9.1%▲ | $135,000▲ |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Madison County, Illinois
Madison County's housing market shows a median listing price of $229,500 as of August 2026. Inventory levels have increased to 500 active listings, reflecting a stable market environment.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price diverges 14.8% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.
Select a city to expand its ZIP intel reports beneath · 4 cities · 6 ZIP reports
Median prices moved up 1.4% year over year.
Homes spend a median of 51 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0.57% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 9.8% — a stable, low-distress profile.
Deterministic aggregate of 4 researched ZIP reports of 6 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Oct 15
researched Oct 8
researched Oct 1
researched Oct 9
| 62002 | Alton | $122,174 | $85 | +3.9% | 68 | 96.5% | 18% | 4.2 | 142 | $996 | researched Oct 15 |
| 62025 | Edwardsville | $309,344 | $166 | +1.4% | 51 | — | — | — | 197 | $1,306 | researched Oct 8 |
| 62040 | Granite City | $129,900 | $105 | +1.3% | 48 | 97% | 15.2% | 3.8 | 146 | $910 | researched Oct 1 |
| 62234 | Collinsville | $197,656 | $119 | +5.3% | 45 | 98.5% | 15% | 3.2 | 120 | $1,000 | researched Oct 9 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
- Raging Rivers WaterPark4.226.4 mi
- Carondelet Park Rec Complex4.329.8 mi
- Activate Games4.929.2 mi
- The Edge4.127.9 mi
- Lemp Mansion4.626.6 mi
- Busch Stadium4.824.2 mi
- Enterprise Center4.624.3 mi
- City Museum4.723.9 mi
- The Dome at America's Center4.423.5 mi
- Energizer Park4.824.4 mi
- Cahokia Mounds UNESCO World Heritage Site4.718.7 mi
- AMC Edwardsville 124.18.5 mi
- Old Chain of Rocks Bridge4.616.7 mi
- Edison's Entertainment Complex4.39.9 mi
- Columbia Bottom Conservation Area4.415.3 mi
- The Gateway Arch4.723.9 mi
- City Museum4.723.9 mi
- Missouri Botanical Garden4.827 mi
- Gateway Arch National Park4.823.9 mi
- Saint Louis Science Center4.626.6 mi
- Cahokia Mounds UNESCO World Heritage Site4.718.7 mi
- Plummer Family Park4.68.3 mi
- Columbia Bottom Conservation Area4.415.3 mi
- Fort Belle Fontaine4.616.4 mi
- Horseshoe Lake State Park4.416.2 mi
- Lakeside Marina Inc4.71.3 mi
- Far Oaks Golf Club4.219.5 mi
- Spencer T Olin Golf Course4.59.7 mi
- Eagle Springs Golf Course4.219.3 mi
- Belk Park Golf Course4.56.8 mi
- Oak Brook Golf Club4.56.9 mi
- Rural King4.317.6 mi
- Schnucks Edwardsville4.48.3 mi
- Dierbergs Markets - Edwardsville Crossing4.48 mi
- Kohl's4.38.1 mi
- Ross Dress for Less4.28.2 mi
- St. Louis Lambert International Airport4.126.4 mi
- MidAmerica St. Louis Airport4.225.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Data retrieved from data.census.gov
Sellers must provide a written disclosure report to prospective buyers detailing material defects in the property as defined by 765 ILCS 77/35.
765 ILCS 77/1 et seq.
Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts. Exemptions, such as the homestead exemption, reduce the EAV before the tax rate is applied.
35 ILCS 200/9-145
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.