Madison Mortgage Rates

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Madison averaged 5.83% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 5.8% and one month ago for the week of 2022-05-19, the average rate was 5.47%.

Madison's average rate one year ago was 3.43%.

For refis of the same type during the week of 2022-06-23, the average rate was 5.92%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Madison 30 Year Fixed Rate 2022-06-23 5.83%
Madison 30 Year Fixed Rate Refi 2022-06-23 5.92%
Madison 15 Year Fixed Rate 2022-06-23 6.21%
Madison 15 Year Fixed Rate Refi 2022-06-23 5.33%
Madison 30 Year FHA 2022-06-23 -0.07%
Madison 30 Year FHA Refi 2022-06-23 -0.05%
Madison 30 Year USDA 2022-06-23 -0.09%
Madison 30 Year USDA Refi 2022-06-23 0.32%
Madison 30 Year VA 2022-06-23 0.66%
Madison 30 Year VA Refi 2022-06-23 0.13%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Madison, IN.

Madison Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Madison, IN market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
First Financial Bank 83 3.33% $2,714
RUOFF MORTGAGE COMPANY, INC. 64 3.19% $2,033
German American Bank 54 3.11% $2,517
QUICKEN LOANS, LLC 28 3.15% $5,559
The Friendship State Bank 26 3.18% $2,856
FAIR WAY LENDING LLC 18 3.05% $3,803
GENEVA FINANCIAL, LLC 17 3.26% $3,898
Centra Credit Union 16 3.02% $2,610
JPMorgan Chase Bank 7 3.25% $2,026
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 3.28% $2,869
Farm Credit Mid-America, ACA 7 3.53% $5,705
HOME POINT FINANCIAL CORPORATION 7 3.16% $3,758
AMERISAVE MORTGAGE CORPORATION 6 2.83% $4,921
Old National Bank 6 3.06% $2,301
BETTER MORTGAGE CORPORATION 5 3.38% $1,896
UNITED WHOLESALE MORTGAGE, LLC 5 2.77% $2,963
Jackson County Bank 5 3.73% $2,638
Citizens Bank 4 3.13% $2,502
Fifth Third Bank 4 3.12% $2,889
PENNYMAC LOAN SERVICES, LLC 4 3.66% $6,314
Wells Fargo Bank 4 3.19% $3,110
CALIBER HOME LOANS, INC. 3 3.21% $2,605
AMERIFIRST FINANCIAL CORPORATION 3 3.29% $3,966
Flagstar Bank, FSB 3 2.99% $2,112
First Savings Bank 3 3.33% $2,465
GUARANTY HOME MORTGAGE CORPORATION 2 3.25% $2,161
AMERICAN FINANCIAL NETWORK, INC. 2 3.25% $7,064
CROSSCOUNTRY MORTGAGE, LLC 2 3.31% $2,602
Union Savings Bank 2 3.06% $1,017
Colten Mortgage, LLC 2 3.63% $4,148
BROKER SOLUTIONS, INC. 2 3.24% $2,569
Republic Bank & Trust Company 2 2.75% $3,011
Century Mortgage Company DBA Century Lending Company 2 2.94% $3,751
SOFI LENDING CORP. 2 3.06% $2,511
Ally Bank 2 3.13% $3,540
PNC Bank 2 3.63% $2,138
Stock Yards Bank & Trust Company 1 3.00% $2,366
TEACHERS CREDIT UNION 1 3.00% $2,539
The Huntington National Bank 1 3.25% $2,588
The Peoples State Bank 1 3.00% $2,048
THRIVE MORTGAGE, LLC 1 2.88% $2,577
Truist Bank 1 2.63% $2,101
U.S. Bank 1 3.25% $2,093
21ST MORTGAGE CORPORATION 1 5.25% $5,993
Wolfe Financial, Inc 1 3.25% $3,296
AMERICAN FINANCING CORPORATION 1 2.75% $5,816
Baxter Credit Union 1 2.63% $2,445
BAY EQUITY LLC 1 3.25% $2,662
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.13% $3,403
Carrington Mortgage Services, LLC 1 3.25% $2,877
CELEBRITY HOME LOANS, LLC 1 4.25% $4,790
CHEVRON 1 3.25% $2,461
Cincinnati Federal 1 3.25% $2,688
CMG MORTGAGE, INC. 1 2.88% $2,715
CRANE 1 3.25% $2,619
EVANSVILLE TEACHERS 1 2.75% $1,873
First Guaranty Mortgage Corporation 1 3.00% $2,983
First Merchants Bank 1 2.75% $2,640
FREEDOM MORTGAGE CORPORATION 1 2.75% $2,231
GENERAL ELECTRIC CREDIT UNION 1 3.00% $2,316
GUARANTEED RATE, INC. 1 3.38% $3,079
Guardian Savings Bank, A Federal Savings Bank 1 2.75% $300
Lake City Bank 1 3.25% $2,336
LAKE MORTGAGE COMPANY INC 1 3.25% $3,056
LOANDEPOT.COM, LLC 1 3.25% $2,550
LOANFLIGHT LENDING, LLC 1 2.88% $900
Magnolia Bank 1 2.99% $2,184
MILESTONE HOME LENDING, LLC 1 3.38% $2,391
Mortgage Research Center, LLC 1 2.99% $1,471
Mr. Cooper ( Nationstar Mortgage ) 1 4.88% $4,738
MUTUAL OF OMAHA MORTGAGE, INC. 1 4.38% $4,315
NATIONWIDE MORTGAGE BANKERS, INC. 1 3.49% $11,346
NETWORK CAPITAL FUNDING CORPORATION 1 3.13% $1,064
NEWREZ LLC 1 2.99% $2,251
PARK COMMUNITY CREDIT UNION, INC. 1 4.00% $2,067
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 4.25% $3,059
Prosperity Home Mortgage, LLC 1 3.13% $2,633
Regions Bank 1 3.13% $3,097
ROYAL UNITED MORTGAGE LLC 1 3.88% $3,635
STEARNS LENDING, LLC 1 3.63% $1,966

Madison, IN's 80 lenders originated 1,412 loans during 2021. The total origination value was $201,490,000, with an average loan value of $142,698.

The top Madison lender as defined by loan originations is First Financial Bank, with 83 loans originated. Their average total fees are $2,714, which is $681 higher than the next largest lender, RUOFF MORTGAGE COMPANY, INC..

The lowest fee Madison lenders (with over 10 loans originated) are RUOFF MORTGAGE COMPANY, INC. ($2,033), German American Bank ($2,517), Centra Credit Union ($2,610), First Financial Bank ($2,714) and The Friendship State Bank ($2,856).

The lowest rate Madison lenders (with over 10 loans originated) are Centra Credit Union (3.02%), FAIR WAY LENDING LLC (3.05%), German American Bank (3.11%), QUICKEN LOANS, LLC (3.15%) and The Friendship State Bank (3.18%).

Madison, IN Lender Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
First Financial Bank $26,825,000 $29,030,000 8.2% 14.4%
German American Bank $27,555,000 $27,730,000 0.6% 13.8%
RUOFF MORTGAGE COMPANY, INC. $15,220,000 $21,170,000 39.1% 10.5%
The Friendship State Bank $12,545,000 $12,815,000 2.2% 6.4%
QUICKEN LOANS, LLC $7,030,000 $11,460,000 63.0% 5.7%
GENEVA FINANCIAL, LLC $8,455,000 $8,770,000 3.7% 4.4%
The Farmers Bank of Milton $7,910,000 $8,545,000 8.0% 4.2%
FAIR WAY LENDING LLC $8,175,000 $6,140,000 -24.9% 3.0%
FREEDOM MORTGAGE CORPORATION $4,545,000 $6,065,000 33.4% 3.0%
Centra Credit Union $5,535,000 $4,770,000 -13.8% 2.4%
HOME POINT FINANCIAL CORPORATION $2,610,000 $3,650,000 39.8% 1.8%
Farm Credit Mid-America, ACA $2,100,000 $2,820,000 34.3% 1.4%
PENNYMAC LOAN SERVICES, LLC $510,000 $2,495,000 389.2% 1.2%
Old National Bank $1,770,000 $2,040,000 15.3% 1.0%
AMERISAVE MORTGAGE CORPORATION $995,000 $2,025,000 103.5% 1.0%
Mr. Cooper ( Nationstar Mortgage ) $1,700,000 $1,660,000 -2.4% 0.8%
Jackson County Bank $2,020,000 $1,505,000 -25.5% 0.7%
Mortgage Research Center, LLC $840,000 $1,500,000 78.6% 0.7%
CALIBER HOME LOANS, INC. $510,000 $1,450,000 184.3% 0.7%
JPMorgan Chase Bank $1,555,000 $1,425,000 -8.4% 0.7%
LOANDEPOT.COM, LLC $1,300,000 $1,390,000 6.9% 0.7%
LAKEVIEW LOAN SERVICING, LLC $600,000 $1,380,000 130.0% 0.7%
UNITED WHOLESALE MORTGAGE, LLC $1,755,000 $1,345,000 -23.4% 0.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $155,000 $1,340,000 764.5% 0.7%
First Financial Bank $26,825,000 $1,265,000 -95.3% 0.6%
Wolfe Financial, Inc $1,260,000 $1,160,000 -7.9% 0.6%
Fifth Third Bank $1,045,000 $1,135,000 8.6% 0.6%
Wells Fargo Bank $1,130,000 $980,000 -13.3% 0.5%
AMERIFIRST FINANCIAL CORPORATION $610,000 $910,000 49.2% 0.5%
Farmers Bank & Trust $890,000 n/a 0.4%
Citizens Bank $715,000 $850,000 18.9% 0.4%
BETTER MORTGAGE CORPORATION $315,000 $835,000 165.1% 0.4%
Magnolia Bank $1,685,000 $820,000 -51.3% 0.4%
First Savings Bank $795,000 $810,000 1.9% 0.4%
Century Mortgage Company DBA Century Lending Company $805,000 n/a 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $695,000 n/a 0.3%
NEWREZ LLC $685,000 n/a 0.3%
THRIVE MORTGAGE, LLC $640,000 n/a 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $145,000 $625,000 331.0% 0.3%
U.S. Bank $655,000 $605,000 -7.6% 0.3%
PNC Bank $795,000 $575,000 -27.7% 0.3%
Colten Mortgage, LLC $555,000 n/a 0.3%
UNION HOME MORTGAGE CORP. $555,000 n/a 0.3%
CROSSCOUNTRY MORTGAGE, LLC $625,000 $550,000 -12.0% 0.3%
LOANFLIGHT LENDING, LLC $550,000 n/a 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $115,000 $550,000 378.3% 0.3%
STEARNS LENDING, LLC $95,000 $545,000 473.7% 0.3%
Commonwealth Bank and Trust Company $155,000 $515,000 232.3% 0.3%
Flagstar Bank, FSB $515,000 n/a 0.3%
Republic Bank & Trust Company $505,000 n/a 0.3%
Forcht Bank $475,000 n/a 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $135,000 $470,000 248.1% 0.2%
SOFI LENDING CORP. $315,000 $460,000 46.0% 0.2%
NAVY FEDERAL CREDIT UNION $130,000 $430,000 230.8% 0.2%
Cincinnati Federal $415,000 n/a 0.2%
AmeriHome Mortgage Company, LLC $610,000 $405,000 -33.6% 0.2%
Carrington Mortgage Services, LLC $360,000 $395,000 9.7% 0.2%
SOVEREIGN LENDING GROUP INCORPORATED $385,000 n/a 0.2%
Ally Bank $105,000 $380,000 261.9% 0.2%
GENERAL ELECTRIC CREDIT UNION $370,000 n/a 0.2%
GUARANTEED RATE, INC. $365,000 n/a 0.2%
EVANSVILLE TEACHERS $160,000 $360,000 125.0% 0.2%
Union Savings Bank $145,000 $360,000 148.3% 0.2%
PROPER RATE, LLC $355,000 n/a 0.2%
Truist Bank $415,000 $355,000 -14.5% 0.2%
AMERICAN FINANCIAL NETWORK, INC. $350,000 n/a 0.2%
ENVOY MORTGAGE, LTD $350,000 n/a 0.2%
Stock Yards Bank & Trust Company $350,000 n/a 0.2%
Barrington Bank & Trust Company, N.A. $640,000 $340,000 -46.9% 0.2%
GVC MORTGAGE, INC. $610,000 $340,000 -44.3% 0.2%
Hometown Lenders, Inc. $315,000 n/a 0.2%
The Peoples State Bank $175,000 $310,000 77.1% 0.2%
First Harrison Bank $305,000 n/a 0.2%
CMG MORTGAGE, INC. $565,000 $300,000 -46.9% 0.1%
DAS Acquisition Company, LLC $285,000 $295,000 3.5% 0.1%
BROKER SOLUTIONS, INC. $495,000 $280,000 -43.4% 0.1%
Low VA Rates, LLC $275,000 n/a 0.1%
PLANET HOME LENDING, LLC $270,000 n/a 0.1%
The Huntington National Bank $1,040,000 $270,000 -74.0% 0.1%
Community Trust Bank, Inc. $265,000 n/a 0.1%
NATIONWIDE MORTGAGE BANKERS, INC. $265,000 n/a 0.1%
TEACHERS CREDIT UNION $260,000 n/a 0.1%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $255,000 n/a 0.1%
LAKE MORTGAGE COMPANY INC $255,000 n/a 0.1%
MILESTONE HOME LENDING, LLC $255,000 n/a 0.1%
Prosperity Home Mortgage, LLC $155,000 $255,000 64.5% 0.1%
BAY EQUITY LLC $310,000 $250,000 -19.4% 0.1%
AMERICAN FINANCING CORPORATION $245,000 n/a 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $400,000 $240,000 -40.0% 0.1%
GUARANTY HOME MORTGAGE CORPORATION $360,000 $240,000 -33.3% 0.1%
MID AMERICA MORTGAGE, INC. $200,000 $240,000 20.0% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $215,000 $235,000 9.3% 0.1%
Bedford Loan & Deposit Bank $275,000 $225,000 -18.2% 0.1%
ROYAL UNITED MORTGAGE LLC $390,000 $225,000 -42.3% 0.1%
Equity Prime Mortgage LLC $220,000 n/a 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $215,000 n/a 0.1%
NETWORK CAPITAL FUNDING CORPORATION $215,000 n/a 0.1%
ACCELERATE MORTGAGE, LLC $205,000 n/a 0.1%
THE MORTGAGE WAREHOUSE,LLC $215,000 $205,000 -4.7% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $1,440,000 $195,000 -86.5% 0.1%
LIMA ONE CAPITAL, LLC $190,000 n/a 0.1%
USAA Federal Savings Bank $1,500,000 $190,000 -87.3% 0.1%
CRANE $185,000 n/a 0.1%
21ST MORTGAGE CORPORATION $470,000 $175,000 -62.8% 0.1%
Bank of England $175,000 n/a 0.1%
CHEVRON $175,000 n/a 0.1%
INTERLINC MORTGAGE SERVICES, LLC $430,000 $165,000 -61.6% 0.1%
Gateway First Bank $145,000 $160,000 10.3% 0.1%
Honor Credit Union $155,000 n/a 0.1%
OPEN MORTGAGE, LLC $155,000 n/a 0.1%
Regions Bank $155,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $940,000 $155,000 -83.5% 0.1%
Baxter Credit Union $145,000 n/a 0.1%
HOMESIDE FINANCIAL, LLC $145,000 n/a 0.1%
Northpointe Bank $160,000 $145,000 -9.4% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $135,000 n/a 0.1%
Lake City Bank $135,000 n/a 0.1%
Guardian Savings Bank, A Federal Savings Bank $540,000 $125,000 -76.9% 0.1%
Nations Lending Corporation $125,000 n/a 0.1%
CELEBRITY HOME LOANS, LLC $115,000 n/a 0.1%
First Guaranty Mortgage Corporation $115,000 n/a 0.1%
First Merchants Bank $115,000 n/a 0.1%
MIDLAND MORTGAGE CORPORATION $115,000 n/a 0.1%
NEW DAY FINANCIAL, LLC $740,000 $115,000 -84.5% 0.1%
SOUTHWEST FUNDING, LP $115,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $255,000 $115,000 -54.9% 0.1%
VICTORY MORTGAGE, L.L.C. $115,000 $115,000 0.0% 0.1%
PARK COMMUNITY CREDIT UNION, INC. $360,000 $105,000 -70.8% 0.1%
AMERICAN ADVISORS GROUP $95,000 n/a 0.0%
Discover Bank $85,000 n/a 0.0%
First Midwest Bank $85,000 n/a 0.0%
The Farmers Bank, Frankfort, Indiana $85,000 n/a 0.0%
MYCUMORTGAGE, LLC $180,000 $75,000 -58.3% 0.0%
TRIAD FINANCIAL SERVICES, INC. $50,000 n/a 0.0%
Flanagan State Bank $35,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $45,000 $25,000 -44.4% 0.0%

Madison's top lender by overall market share is First Financial Bank, with 14.4% market share. In second place, with 13.8%, is German American Bank, having originated $27,730,000 in loans. In third place, with 10.5%, is RUOFF MORTGAGE COMPANY, INC., having originated $21,170,000 in loans. In third place, with 6.4%, is The Friendship State Bank, having originated $12,815,000 in loans. In third place, with 5.7%, is QUICKEN LOANS, LLC, having originated $11,460,000 in loans.


Madison, IN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 497 $86,875,000 $174,799
Refi 494 $66,920,000 $135,466
Cash Out Refi 249 $36,555,000 $146,807
Other 91 $6,075,000 $66,758
Home Improvement 81 $5,065,000 $62,531

Madison's most frequently cited loan purpose was Home Purchase, with 497 originations. The 2nd most popular reason was Refi, with 494 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 455 $73,305,000 $161,110
2.5-3% 431 $67,795,000 $157,297
<2.5% 354 $40,870,000 $115,452
4-5% 75 $8,195,000 $109,267
5-6% 17 $1,105,000 $65,000
6-7% 4 $350,000 $87,500
7-8% 2 $50,000 $25,000
Over 8% 1 $75,000 $75,000

During 2021, Madison's most frequently originated rate bucket was 3-4%, with 455 originations.

Loan Sizing (Madison, IN MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 660 $94,140,000 $142,636
$100,000 or less 470 $28,820,000 $61,319
$200k-400k 258 $66,280,000 $256,899
$400k-600k 20 $8,850,000 $442,500
$600k-1000k 3 $2,135,000 $711,667
$Over $1MM 1 $1,265,000 $1,265,000

Madison's loan sizing saw the bucket of loans from $100k-200k with 660 originations, totaling $94,140,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 440 $79,080,000 $179,727
60-80% 386 $63,190,000 $163,705
40-60% 208 $26,820,000 $128,942
20-40% 152 $10,890,000 $71,645
Under 20% 96 $2,860,000 $29,792
Over 100% 7 $1,645,000 $235,000

Madison's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 440 originations, totaling $79,080,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Madison (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $157,400 (23.3%) $185,837 (27.6%) 0.00 109
2018-02-01 $159,900 (25.0%) $192,107 (32.6%) 0.00 112
2018-03-01 $159,900 (20.7%) $190,676 (20.3%) 0.00 120
2018-04-01 $162,950 (18.5%) $199,063 (19.0%) 0.00 113
2018-05-01 $157,400 (14.9%) $195,953 (12.1%) 0.00 114
2018-06-01 $163,000 (16.5%) $199,919 (12.0%) 0.00 121
2018-07-01 $173,500 (21.8%) $208,463 (15.5%) 0.00 132
2018-08-01 $176,700 (19.8%) $213,309 (20.7%) 0.00 134
2018-09-01 $173,500 (8.5%) $221,816 (21.2%) 0.00 136
2018-10-01 $160,000 (1.7%) $223,383 (22.2%) 0.00 129
2018-11-01 $159,400 (6.3%) $214,221 (18.4%) 0.00 116
2018-12-01 $164,000 (9.4%) $212,123 (20.7%) 0.00 112
2019-01-01 $177,400 (12.7%) $212,562 (14.4%) 0.00 110
2019-02-01 $172,400 (7.8%) $210,865 (9.8%) 0.00 95
2019-03-01 $176,186 (10.2%) $211,835 (11.1%) 0.00 94
2019-04-01 $188,186 (15.5%) $213,881 (7.4%) 0.00 97
2019-05-01 $180,450 (14.6%) $207,009 (5.6%) 0.00 111
2019-06-01 $182,000 (11.7%) $207,276 (3.7%) 0.00 111
2019-07-01 $175,950 (1.4%) $219,048 (5.1%) 0.00 111
2019-08-01 $165,614 (-6.3%) $204,144 (-4.3%) 0.00 118
2019-09-01 $160,614 (-7.4%) $197,654 (-10.9%) 0.00 125
2019-10-01 $162,400 (1.5%) $201,792 (-9.7%) 0.00 139
2019-11-01 $149,900 (-6.0%) $202,538 (-5.5%) 0.00 121
2019-12-01 $149,900 (-8.6%) $203,385 (-4.1%) 0.00 114
2020-01-01 $149,900 (-15.5%) $174,577 (-17.9%) 0.00 113
2020-02-01 $147,900 (-14.2%) $178,509 (-15.3%) 0.00 113
2020-03-01 $159,900 (-9.2%) $182,701 (-13.8%) 0.00 102
2020-04-01 $164,900 (-12.4%) $181,138 (-15.3%) 0.00 97
2020-05-01 $179,900 (-0.3%) $194,891 (-5.9%) 0.00 100
2020-06-01 $182,450 (0.3%) $202,842 (-2.1%) 0.00 89
2020-07-01 $199,900 (13.6%) $215,946 (-1.4%) 0.00 80
2020-08-01 $199,000 (20.2%) $220,392 (8.0%) 0.00 81
2020-09-01 $184,900 (15.1%) $222,917 (12.8%) 0.00 61
2020-10-01 $169,900 (4.6%) $216,791 (7.4%) 0.00 47
2020-11-01 $174,900 (16.7%) $207,714 (2.6%) 0.00 60
2020-12-01 $189,450 (26.4%) $216,126 (6.3%) 0.00 56
2021-01-01 $169,900 (13.3%) $197,953 (13.4%) 0.00 49
2021-02-01 $156,950 (6.1%) $189,219 (6.0%) 0.00 31
2021-03-01 $172,400 (7.8%) $204,579 (12.0%) 0.00 35
2021-04-01 $159,900 (-3.0%) $200,544 (10.7%) 0.00 32
2021-05-01 $174,900 (-2.8%) $221,002 (13.4%) 0.00 33
2021-06-01 $179,900 (-1.4%) $219,693 (8.3%) 0.00 46
2021-07-01 $189,450 (-5.2%) $229,897 (6.5%) 0.00 55
2021-08-01 $184,900 (-7.1%) $231,834 (5.2%) 0.00 78
2021-09-01 $203,500 (10.1%) $242,417 (8.8%) 0.00 74
2021-10-01 $207,000 (21.8%) $245,727 (13.4%) 0.00 72
2021-11-01 $199,450 (14.0%) $259,520 (24.9%) 0.00 47
2021-12-01 $209,900 (10.8%) $266,284 (23.2%) 0.00 54
2022-01-01 $199,900 (17.7%) $249,678 (26.1%) 0.00 62
2022-02-01 $196,950 (25.5%) $238,013 (25.8%) 0.00 54
2022-03-01 $215,450 (25.0%) $248,186 (21.3%) 0.00 50
2022-04-01 $209,900 (31.3%) $277,996 (38.6%) 0.00 42
2022-05-01 $259,450 (48.3%) $293,776 (32.9%) 0.00 44
Madison's median listing price for 2022-05-01 was $259,450, a difference of $84,550 (48.3%) versus the prior year and $49,550 versus the prior month.

Madison's median listing price comes in at 0% of the national average.

Madison's average listing price for 2022-05-01 was $293,776, a difference of $72,774 (32.9%) versus the prior year and $15,780 versus the prior month.

For the 2022-05-01 period, Madison had 44 MLS listings, a difference of 2 listings (5%) versus the prior month and 11 listings (33%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Madison (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,920 sqft
2018-02-01 0 days 1,898 sqft
2018-03-01 0 days 1,920 sqft
2018-04-01 0 days 1,943 sqft
2018-05-01 0 days 1,943 sqft
2018-06-01 0 days 1,950 sqft
2018-07-01 0 days 1,967 sqft
2018-08-01 0 days 1,971 sqft
2018-09-01 0 days 2,153 sqft
2018-10-01 0 days 2,194 sqft
2018-11-01 0 days 2,220 sqft
2018-12-01 0 days 2,004 sqft
2019-01-01 0 days 1,903 sqft
2019-02-01 0 days 1,884 sqft
2019-03-01 0 days 1,829 sqft
2019-04-01 0 days 1,877 sqft
2019-05-01 0 days 1,848 sqft
2019-06-01 0 days 1,854 sqft
2019-07-01 0 days 1,851 sqft
2019-08-01 0 days 1,810 sqft
2019-09-01 0 days 1,760 sqft
2019-10-01 0 days 1,701 sqft
2019-11-01 0 days 1,690 sqft
2019-12-01 0 days 1,680 sqft
2020-01-01 0 days 1,672 sqft
2020-02-01 0 days 1,680 sqft
2020-03-01 0 days 1,688 sqft
2020-04-01 0 days 1,630 sqft
2020-05-01 0 days 1,750 sqft
2020-06-01 0 days 1,755 sqft
2020-07-01 0 days 1,784 sqft
2020-08-01 0 days 1,825 sqft
2020-09-01 0 days 1,878 sqft
2020-10-01 0 days 1,674 sqft
2020-11-01 0 days 1,741 sqft
2020-12-01 0 days 1,573 sqft
2021-01-01 0 days 1,560 sqft
2021-02-01 0 days 1,344 sqft
2021-03-01 0 days 1,385 sqft
2021-04-01 0 days 1,438 sqft
2021-05-01 0 days 1,620 sqft
2021-06-01 0 days 1,433 sqft
2021-07-01 0 days 1,440 sqft
2021-08-01 0 days 1,404 sqft
2021-09-01 0 days 1,360 sqft
2021-10-01 0 days 1,504 sqft
2021-11-01 0 days 1,818 sqft
2021-12-01 0 days 1,698 sqft
2022-01-01 0 days 1,719 sqft
2022-02-01 0 days 1,770 sqft
2022-03-01 0 days 1,770 sqft
2022-04-01 0 days 1,776 sqft
2022-05-01 0 days 1,826 sqft
Madison's median listing age (time on market) for 2022-05-01 was 0 days.

Madison's median square footage for active listings during the 2022-05-01 period was 1,826 sqft. One year prior, the average listing was 1,620 sqft.