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Newest Homes for Sale in Madison, IL

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  • /5

    $6,000

    • Land
    • 0.25 Acre
    • $24,203 per Acre

    217 W 2nd St, Madison, IL 62060

    Vacant lot in Madison, IL offered as-is for land value only. Utilities are available nearby. Buyer to perform all due diligence regarding zoning, permits, and intended use. Excellent opportunity for redevelopment in an established area of Madison, IL. Sold as-is. Ideal for investors or builders looking for a redevelopment opportunity in an established neighborhood with convenient access to local

    Shonda Bond Worth Clark Realty

    217 W 2nd St, Madison, IL 62060
  • /27

    $70,000

    • 1 Bed
    • 1 Bath
    • 672 Sq Ft

    1845 Rhodes St, Madison, IL 62060

    This charming one-bedroom, one-bath home is big on value and care. Step inside to find a bright living area and a well-kept kitchen ready for your personal touches. The full unfinished basement offers excellent storage space and potential for future finishing. Enjoy relaxing evenings on the covered front porch overlooking the fenced-in yard—perfect for pets, gardening, or outdoor gatherings. With

    Kenbra Knight Century 21 Bailey & Company

    1845 Rhodes St, Madison, IL 62060
  • /7

    $10,000

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft

    1008 Calhoun St, Madison, IL 62060

    Andy Robinson Keller Williams Marquee

    1008 Calhoun St, Madison, IL 62060
  • /22

    $100,000

    • 3 Beds
    • 1 Bath
    • 1,040 Sq Ft

    2013 Beckwith Ave, Madison, IL 62060

    Move-In Ready 3-Bedroom Home with Oversized Garage & Huge Yard!Welcome to 2013 Beckwith Avenue in Madison, IL—a charming and very well-maintained 3-bedroom, 1-bath home that’s perfect for homeowners and investors alike. Step onto the inviting front porch and into a light-filled interior featuring tons of natural light throughout.The spacious kitchen comes fully stocked with appliances

    Lisa Barnhart RE/MAX Alliance

    2013 Beckwith Ave, Madison, IL 62060
  • /14

    $226,000

    • 2 Baths
    • 4,608 Sq Ft

    1348 Madison Ave, Madison, IL 62060

    Here is your opportunity to add a solid cash flow surplus to your portfolio. This mixed use property offers a variety of income producing methods. Two out of the 3 units are currently rented, and the vacant residential unit is ready for a new tenant right away. The main floor of the building is a fully running & operational bar and grill that is currently tenant occupied, paying $1,500/mo. Items

    Devin Outman Landmark Realty

    1348 Madison Ave, Madison, IL 62060
  • /26

    $109,900

    • 2 Beds
    • 1 Bath
    • 1,032 Sq Ft

    1907 Rhodes St, Madison, IL 62060

    Welcome Home! This home is ready for you! 2 bedroom, 1 full bath, Oversized TWO car garage. Spacious Living room and dining room. Tall Ceilings. Large, Eat in Kitchen with brand new appliances staying. Brand new beautiful bathroom. Clean unfinished basement with updated plumbing and electric. Make this house a home! All you have to is move right in.

    Diane Rieger RE/MAX Alliance

    1907 Rhodes St, Madison, IL 62060
  • /3

    $300,000

    • Land
    • 0.32 Acre
    • $948,467 per Acre

    025.001 McCambridge Ave, Madison, IL 62060

    This is an online auction that ends October 22, 2025 @ 6:00 pm. Excellent location on busy State Route 203 includes Parcel 17-2-20-30-13-301-025 & 025.001 (Lots 36–40), Parcel 17-2-20-30-13-301-022 (Lot 33), Parcel 17-2-20-30-13-301-023 (Lot 34), and Parcel 17-2-20-30-13-301-024 (Lot 35). Prime property for several homes, storage, car wash, fast food franchise, etc. The automotive shop

    Bill Scaturro The Auction House Company

    025.001 McCambridge Ave, Madison, IL 62060
  • /50

    $119,000

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

    2013 4th St, Madison, IL 62060

    Move-In Ready & Fully Renovated!First time this home has been offered out of the family in 70 years! This extra-clean home has been completely updated and is ready for you to move right in. Features include a spacious basement with plenty of storage, a huge 24' x 28' man-sized garage, plus an additional 12' x 16' storage shed with a garage door. Recent updates include a newer roof, siding,

    Bill Scaturro The Auction House Company

    2013 4th 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

Frequently Asked Questions

What is the average home price in Madison, IL?
Homes for sale in Madison, IL have an average home price of $76,700.
Are home prices dropping in Madison?
Yes, home prices in Madison are down 14% in the last 12 months.
How many homes have sold over the last 12 months in Madison, IL?
26 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, 63147 and 63107.
How much do you need to make to afford a house in Madison?
The median home price in Madison is $65,000. If you put a 20% down payment of $13,000 and had a 30-year fixed mortgage with an interest rate of 6.16%, your estimated principal and interest payment would be $320 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $14K a year to afford the median home price in Madison. Learn how much home you can afford with our Home Affordability Calculator.
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

Housing Trends

Median Sale Price
$47,000
Median Single Family Sale Price
$59,000
Median Townhouse Sale Price
$18,250
Average Price Per Sq Ft
$61
Number of Homes for Sale
6
Last 12 months Home Sales
26
Months of Supply
2.80
Median List Price
$65,000
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
-30%
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