Newest Homes for Sale in Madison, IL

Q: What are the most popular zip codes in Madison, IL?

The most popular zip codes in Madison, IL include 62040 , 62060 , 63137 , 62201 and 63147 .

/27
$115,000
- 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
Explore Madison
/27
$129,900
- 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
- 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
/19
$199,000
- 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. 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
/28
$115,000
- 4 Beds
- 3 Baths
- 1,305 Sq Ft
1437 Grand Ave, Granite City, IL 62040

Looking to increase your passive income? Looking for a home with a Mother-In-Law suite? This property previously brought in $2000 a month in income. The front home is a 3 bedroom, 2 bath, eat-in kitchen and laundry with a nice sized fenced yard. The rear unit is a 1 bedroom, 1 bath, laundry service, extra storage and comes with furnishings. Call your favorite agent today and schedule a private

Monica Buss Lemp Keller Williams Marquee

1437 Grand Ave, Granite City, IL 62040
/26
$94,900
- 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

Illinois Madison County 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 $89,222.

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 63147.

How much do you need to make to afford a house in Madison?

The median home price in Madison is $85,000. If you put a 20% down payment of $17,000 and had a 30-year fixed mortgage with an interest rate of 6.37%, your estimated principal and interest payment would be $420 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $18K 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

On average, homes in Madison, IL sell after 55 days on the market compared to the national average of 55 days. The median sale price for homes in Madison, IL over the last 12 months is $60,000, up 20% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$60,000

Median Single Family Sale Price

$81,250

Average Price Per Sq Ft

$73

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

1.70

Median List Price

$85,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

20%

How to Buy a Home How to Finance a Home How to Sell a Home

Homes for Sale in Nearby Neighborhoods

Homes for Sale in Nearby Cities

Homes for Sale in Nearby Counties

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage