$4,566 Closing Credit¹
#1689795, Listing office: EXP Realty LLC
Madison Township Housing Market Report May 2025•Saint Joseph 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 May 2024
Since last year, Madison Township has remained a Seller's Market.
Insight
Madison Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$226,000$167/SqFt
+$16,000
+7.6%
Based on all homes sold in the last 12 months
Insight
Homes in Madison Township have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Madison Township was $226,000 in May 2025, up 7.6% from last year, and the median price per square foot was $167.
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $137K | $160.5K | +17.2% |
| 22 Bedrooms | $163.5K | $180K | +10.1% |
| 33 Bedrooms | $219.9K | $190K | -13.6% |
| 44 Bedrooms | $243K | $304K | +25.1% |
| 55+ Bedrooms | $218K | $475K | +117.9% |
Summary: Madison Township housing price by bedroom type for May 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 +10.1%. The home price for 3 bedroom homes decreased by -13.6%. The home price for 4 bedroom homes increased by +25.1%. The home price for 5 bedroom homes increased by +117.9%.
How does Madison Township, IN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Madison Township, IN
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 |
|---|---|---|
| 12Last MonthMay 2025 | ||
| 122 months agoApr 2025 | 0.0 % Change MoMApr – May |
Summary: The Madison Township real estate market had 12 homes for sale in May 2025, the same as Apr 2025
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthMay 2025 | ||
| 12 months agoApr 2025 | +400.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 8 | 7 | -12.5% |
| 44 Bedrooms | 2 | 3 | +50.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Madison Township housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -12.5%. The inventory for 4 bedroom homes increased by +50.0%. 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 Price0 Home
At Asking Price2 Homes
Under Asking Price3 Homes
Insight
If you're buying a home in Madison Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Madison Township in May 2025, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and and 0% 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 Days3 Homes
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Madison Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 5 homes were sold in Madison Township; 60% of homes were sold within 30 days, 0% 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 |
|---|---|---|
| 5 DaysThis YearMay 2025 | ||
| 53 Days1 year agoMay 2024 | -89.9 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Madison Township had an average listing age of 5 days in May 2025, down by 89.9% compared to the previous year.
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Newest Listings in Madison Township, IN
What homes are available in Madison Township, IN?
$8,788 Closing Credit¹
#1688586, Listing office: Keller Williams Louisville East
Backup offersTour
$4,156 Closing Credit¹
#202513449, Shelly Mobus, Listing office: McKinnies Realty, LLC Elkhart
Tour
$2,850 Closing Credit¹
#202510619, Kelly Dyksen, Listing office: Rooted Realty
$3,205 Closing Credit¹
#1682755, Listing office: EXP Realty LLC
$1,780 Closing Credit¹
#1680983, Listing office: EXP Realty LLC
$5,938 Closing Credit¹
#1676482, Listing office: Semonin REALTORS
#1675729, Listing office: EXP Realty LLC
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MLS Disclaimers and Copyright
Based on information from Metro Search MLS, and Indiana Regional MLS for the period 06/01/2023 - 06/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Metro Search, Inc. All Rights Reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/26/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/26/2025, 5:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.