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Newest Homes for Sale in Madison, IL

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  • /4

    $119,900

    • 9 Beds
    • 6 Baths
    • 1,772 Sq Ft

    1217 Market St, Madison, IL 62060

    INSANE OPPORTUNITY!!! 3 units. 2 x 2bed/1bath units and 1 x studio apartment. Front units are freshly rehabbed and rent ready. Back studio needs TLC. New central HVAC systems installed last year. PROPERTY WILL GENERATE AN AMAZING NET RETURN ON INVESTMENT!! IN INSTANT EQUITY!!! Front units rent easily for $1000 each, and back unit rents easily for $700.

    Jeffrey Sklar Beycome Brokerage Realty LLC

    1217 Market St, Madison, IL 62060
  • /50

    $119,000

    $20K PRICE DROP Pending
    • 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
  • /73

    $986,000

    Pending

    00 Bend Rd, Madison, IL 62060

    A Private Sportsman's Paradise!Discover one of the most unique recreational properties in the Midwest- 49 +/- secluded acres of island ground on Horseshoe Lake, surrounded almost entirely by protected U.S. Army Corps of Engineers land. This extraordinary setting offers unmatched privacy, security and hunting opportunities that serious outdoorsmen rarely find.Accessed through a private

    Kimberly Chisholm Market Pro Realty, Inc

    00 Bend Rd, Madison, IL 62060
  • /2

    $25,000

    • 3 Beds
    • 1 Bath
    • 1,200 Sq Ft

    1664 5th St, Madison, IL 62060

    NO SHOWINGS. DO NOT DISTURB OCCUPANT. Positioned in the heart of Madison, this classic single-story home offers a fantastic opportunity for buyers. Featuring approximately 1,200 square feet of living space, the home includes 3–4 bedrooms and 1 bathroom, providing a flexible layout to suit a variety of needs. Originally built in 1900, this property sits on a manageable lot and showcases the

    John Blasingame Keller Williams Marquee

    1664 5th St, Madison, IL 62060
  • /27

    $109,000

    $6K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 786 Sq Ft

    1111 Greenwood St, Madison, IL 62060

    Welcome home to this beautifully updated property — move-in ready and sited on a large, fenced backyard. Thoughtful improvements provide long-term peace of mind, including a new roof, updated HVAC, water heater, and upgraded electrical and plumbing. The interior features fresh flooring throughout, bright rooms with abundant natural light, and clean, modern finishes. The kitchen comes equipped

    Kenbra Knight Century 21 Bailey & Company

    1111 Greenwood St, Madison, IL 62060
  • /33

    $112,000

    $13K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,284 Sq Ft

    1735 Rhodes St, Madison, IL 62060

    Welcome to this inviting 4-bedroom, 2-bath brick ranch perfectly positioned on a corner lot. With its classic exterior, generous layout, and single-level convenience, this home offers the ideal blend of comfort and functionality. Inside, you'll find a well-designed floor plan featuring a living room with abundant natural light .The primary bedroom includes its own full bath, while three

    Antoinette Porter Century 21 Bailey & Company

    1735 Rhodes St, Madison, IL 62060
  • /27

    $124,900

    $15K PRICE DROP Under Contract
    • 3 Beds
    • 1 Bath
    • 1,650 Sq Ft

    2020 6th St, Madison, IL 62060

    3 BEDROOM HOME ON A VERY LARGE LOT! This renovated 1 1/2 story is all ready for you! Huge backyard with fence, located on a double lot! Luxury vinyl plank flooring throughout. Charming front porch. You will love the kitchen - complete with brand new cabinets, countertops and appliances. 2 bedrooms on the main floor and full bathroom. Bathroom has tiled shower/tub surround. Upper level has

    Diane Rieger RE/MAX Alliance

    2020 6th St, Madison, IL 62060
  • /5

    $6,000

    • Land
    • 10,798 Sq Ft
    • $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
  • /19

    $199,000

    $27K PRICE DROP
    • 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. Both of the residential upstairs apartments are currently rented, and the turn key bar & grill is ready to open right away, with a new owner or tenant of your choice. The main floor fully operational bar and grill was previously rented for $1,500/mo.

    Devin Outman Landmark Realty

    1348 Madison Ave, 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 $81,816.
How many homes have sold over the last 12 months in Madison, IL?
23 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, 62090, 62201 and 63137.
How much do you need to make to afford a house in Madison?
The median home price in Madison is $76,750. If you put a 20% down payment of $15,400 and had a 30-year fixed mortgage with an interest rate of 6.53%, your estimated principal and interest payment would be $390 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $17K 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
$60,000
Median Single Family Sale Price
$72,000
Average Price Per Sq Ft
$70
Number of Homes for Sale
3
Last 12 months Home Sales
23
Months of Supply
1.60
Median List Price
$76,750
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-5%
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