#202504541, Merle Callahan, Listing Office: Vic Hopkins Agency
Madison Township Housing Market Report January 2025•Daviess County, Indiana
Housing Prices in Madison Township, IN
How much do homes in Madison Township, IN cost?
Housing Market Conditions
Is Madison Township, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Madison Township is a Seller's Market
Difference Since January 2024
Since last year, Madison Township has remained a Seller's Market.
Madison Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Madison Township have sold for 13.2% less than they did a year ago.
Summary: The median home sold price in Madison Township was $190,000 in January 2025, down 13.2% from last year, and the median price per square foot was $143.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $137K | $160.5K | +17.2% |
22 Bedrooms | $161.7K | $180.5K | +11.6% |
33 Bedrooms | $229.7K | $178K | -22.5% |
44 Bedrooms | $233.5K | $245K | +4.9% |
55+ Bedrooms | $218K | $600K | +175.2% |
Summary: Madison Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +17.2%. The home price for 2 bedroom homes increased by +11.6%. The home price for 3 bedroom homes decreased by -22.5%. The home price for 4 bedroom homes increased by +4.9%. The home price for 5 bedroom homes increased by +175.2%.
Housing supply in Madison Township, IN
How many homes are available in Madison Township, IN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
23Last MonthJan 2025 | ||
202 months agoDec 2024 | +15.0 % Change MoMDec – Jan |
Summary: The Madison Township real estate market had 23 homes for sale in Jan 2025, a 15.0 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
8Last MonthJan 2025 | ||
62 months agoDec 2024 | +33.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 2 | 0.0% |
22 Bedrooms | 2 | 5 | +150.0% |
33 Bedrooms | 9 | 9 | 0.0% |
44 Bedrooms | 7 | 7 | 0.0% |
55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Madison Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +150.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Madison Township, IN cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price6 Homes
If you're buying a home in Madison Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Madison Township in January 2025, up by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and and 13% were sold over asking.
Days on Market for Madison Township, IN
How long does it take to sell a home in Madison Township, IN?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Many homes in Madison Township are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 8 homes were sold in Madison Township; 13% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
34 DaysThis YearJan 2025 | ||
104 Days1 year agoJan 2024 | -66.8 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Madison Township had an average listing age of 34 days in Jan 2025, down by 66.8% compared to the previous year.
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Newest Listings in Madison Township, IN
What homes are available in Madison Township, IN?
Nearby markets
Nearby markets aren't available for Madison Township, IN
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Based on information from Indiana Regional MLS, Metro Search MLS, and MIBOR Broker Listing Cooperative® for the period 02/01/2023 - 02/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:17:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.