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Madison, IL Homes for Sale

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  • 1534 7th St, Madison, IL 62060
    1534 7th St, Madison, IL 62060
    1534 7th St, Madison, IL 62060
    /18

    $109,900

    • 5 Beds
    • 2 Baths
    • 1,807 Sq Ft

    1534 7th St, Madison, IL 62060

    Opportunity knocks with this freshly updated duplex at 1534 7th Street in Madison. Whether you're expanding your portfolio or looking to offset your mortgage by living in one unit and renting the other, this property delivers! Unit A is 2 bed/1 bath and is currently rented for $500/mo, while Unit B is 3 bed/1 bath and currently rented to a long term tenant for $850/mo. Recent upgrades include new

    Erica Timko Keller Williams Marquee

    1534 7th St, Madison, IL 62060
  • 2013 4th St, Madison, IL 62060
    2013 4th St, Madison, IL 62060
    2013 4th St, Madison, IL 62060
    /50

    $139,000

    • 4 Beds
    • 3 Baths
    • 1,601 Sq Ft

    2013 4th St, Madison, IL 62060

    This home is extra clean, fully renovated, and move-in ready! Enjoy a spacious basement with plenty of storage, a 24' x 28' oversized garage, and an additional 12' x 16' storage shed with a garage door. Updates include a newer roof, siding, and windows. The property features a full backyard privacy fence and a gated front yard with driveway entry. Located on a quiet street close to schools, this

    Bill Scaturro The Auction House Company

    2013 4th St, Madison, IL 62060
  • 305 Meredocia St, Madison, IL 62060
    305 Meredocia St, Madison, IL 62060
    305 Meredocia St, Madison, IL 62060
    /17

    $29,900

    • 4 Beds
    • 2 Baths
    • 1,200 Sq Ft

    305 Meredocia St, Madison, IL 62060

    Check this out! This could be an investor's dream or a first time home buyer's castle. For the next 14 days come and take a look at this home with offers starting at $29,900.00. It is almost like a blank slate with tons of possibilities. So take a walk through it and let your mind in-vision the possibilities. There are lots of rooms with great possibilities to make to your own liking, A two

    Sharron Davis-Buckner Century 21 Bailey & Company

    305 Meredocia St, Madison, IL 62060
  • 805 Iowa St, Madison, IL 62060
    805 Iowa St, Madison, IL 62060
    805 Iowa St, Madison, IL 62060
    /27

    $47,500

    • 2 Beds
    • 1 Bath
    • 784 Sq Ft

    805 Iowa St, Madison, IL 62060

    MAINTAINED PREVIOUSLY BY PROPERTY MANAGERS! GREAT BUY!! 2 Lots included with this Sale: 21-2-19-25-11-201-019 & 21-2-19-25-11-201-020. Roof 2013. Furnace 2019. Hot Water Heater 2019. Previously managed by property manager. Last occupied July 2024. Cute 2 Bedroom, 1 Bath, Kitchen (microwave, gas stove, refrigerator), Laundry Room. HURRY; WON'T LAST LONG! Contact your favorite REALTOR today!!

    Latitia Williams Coldwell Banker Brown Realtors

    805 Iowa St, Madison, IL 62060
  • 1607 Kennedy Dr, Madison, IL 62060
    1607 Kennedy Dr, Madison, IL 62060
    1607 Kennedy Dr, Madison, IL 62060
    /5

    $3,500

    • Land
    • 0.13 Acre
    • $26,923 per Acre

    1607 Kennedy Dr, Madison, IL 62060

    This 0.13 acre lot, located in the Granite City School District, is a great opportunity to add more yard space, build a new home, or hold for future development. Owner financing is available for this lot!

    Edmilson Yaxcal eXp Realty

    1607 Kennedy Dr, Madison, IL 62060
  • 1225 Douglas St, Madison, IL 62060
    1225 Douglas St, Madison, IL 62060
    /2

    $11,900

    • 2 Beds
    • 1 Bath
    • 905 Sq Ft

    1225 Douglas St, Madison, IL 62060

    There is no sign in the yard. Calling all investors! This property will be sold as is. Please reach out to your nearest agent for more information.

    Charity Goodwin Worth Clark Realty

    1225 Douglas St, Madison, IL 62060
  • 2001 Rhodes St, Madison, IL 62060
    2001 Rhodes St, Madison, IL 62060
    2001 Rhodes St, Madison, IL 62060
    /21

    $12,000

    • 2 Beds
    • 1 Bath
    • 930 Sq Ft

    2001 Rhodes St, Madison, IL 62060

    Don't miss this affordable 2-bedroom, 1-bath home located in Madison, IL — only a 10-minute drive from downtown St. Louis! Perfect for first-time buyers, downsizers, or investors, this home features a spacious living area, an eat-in kitchen, and a large backyard with plenty of room to relax or entertain. Enjoy the convenience of nearby highways, shopping, and restaurants, all while living in a

    John Blasingame Keller Williams Marquee

    2001 Rhodes St, Madison, IL 62060
  • 1120 Meridian Ave, Mitchell, IL 62040
    1120 Meridian Ave, Mitchell, IL 62040
    1120 Meridian Ave, Mitchell, IL 62040
    /7

    $9,500

    • Land
    • 0.47 Acre
    • $20,256 per Acre

    1120 Meridian Ave, Mitchell, IL 62040

    Great size lot on 0.46 acres with endless possibilities.

    Edmilson Yaxcal eXp Realty

    1120 Meridian Ave, Mitchell, IL 62040
Illinois Madison County Madison

Real Estate & Homes for Sale in Madison, IL

Why Live in Madison

Madison, Illinois, situated just six miles northeast of downtown St. Louis, offers a blend of small-town tranquility and vibrant attractions. The city is renowned for the World Wide Technology Raceway, a 65,000-seat venue hosting NASCAR and professional drag racing events, which has significantly boosted local growth and economy. Residents can enjoy performances from world-famous musicians at the raceway, adding to the city's lively atmosphere. Madison features several parks, including 7th & Lee Public Park and Madison Baseball Diamonds, where community sports leagues are popular. The Mississippi River provides scenic outdoor activities with the Old Chain of Rocks Bridge & Park and Chouteau Island Nature Trail, ideal for hiking, bird-watching, and fishing. Gateway National Golf Course, known for its public bent grass fairways, offers golfing opportunities and a clubhouse for social gatherings. Dining options include the historic Marko’s Fish Restaurant and nearby Madison Meat Market, with larger supermarkets like Walmart and Schnucks located in Granite City. Housing in Madison primarily consists of single-story shotgun and Craftsman-style homes from the early 1900s, reflecting affordable prices. The city is in a transition period, moving from rentals to home ownership. Transportation to St. Louis is convenient via State Route 203 and interstates 55 and 70, with regional bus services connecting to the City Metro Link.

Learn more about living in Madison

Frequently Asked Questions

What is the average home price in Madison, IL?
Homes for sale in Madison, IL have an average home price of $74,978.
Are home prices dropping in Madison?
Yes, home prices in Madison are down 8% in the last 12 months.
How many homes have sold over the last 12 months in Madison, IL?
21 homes have sold in Madison, IL over the last 12 months.
What are the most popular zip codes in Madison, IL?
The most popular zip codes in Madison, IL include 62040, 62060, 63137, 62201 and 63107.
How much do you need to make to afford a house in Madison?
The median home price in Madison is $61,000. If you put a 20% down payment of $12,200 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $300 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $13K a year to afford the median home price in Madison.
How are the schools in Madison, IL?
Madison, IL has highly rated public and private schools. Some of the best schools in Madison based on Niche Grades are Dorris Intermediate School, Kreitner Elementary School and Collinsville High School. Browse all the schools in Madison, IL to learn more.

Home Trends in Madison, IL

On average, homes in Madison, IL sell after 33 days on the market compared to the national average of 52 days. The median sale price for homes in Madison, IL over the last 12 months is $51,000, down 24% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$51,000
Median Single Family Sale Price
$51,000
Median Townhouse Sale Price
$18,250
Average Price Per Sq Ft
$54
Number of Homes for Sale
5
Last 12 months Home Sales
21
Months of Supply
2.90
Median List Price
$61,000
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
-24%
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