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New Construction Homes for Sale in Madison, IL

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    $6,000 Lot/Land

    217 W 2nd St, Madison, IL 62060

    • 0.25 Acre
    • $24,203 per Acre

    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

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Madison, IL usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Madison, IL hold their value?
Yes, especially in fast-growing areas of Madison, IL. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Madison, IL

Housing Trends

Median Sale Price
$51,000
Median Single Family Sale Price
$72,000
Median Townhouse Sale Price
$18,250
Average Price Per Sq Ft
$66
Number of Homes for Sale
6
Last 12 months Home Sales
27
Months of Supply
2.70
Median List Price
$69,250
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
-41%
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