How much does it cost to buy a house in Madison, MI?

In May 2026 Madison homes were listed to buy for a median price of $288K, The median value of a home listed to buy in Madison in May 2026 was $170 per sqft, which is a 2% decrease to April 2025 last month, and a 2% decrease to May 2025 last year.

Is it affordable or expensive to live in Madison, MI?

It is affordable to live in Madison. Buying a home in Madison is 1% less expensive compared with the national average.

Is it a good time to buy property in Madison, MI?

Yes now is a good time to buy property in Madison, in May 2026, homes in Madison have decreased in value (price per sqft) by 2% in the last year compared with May 2025.

Is the Madison, MI housing market slowing down?

In May 2026, homes to buy in Madison spent an median 63 days on the market, a same May 2025 last year.

What are the best and safest places to live in Madison, MI?

The best and safest neighborhoods to live in Madison in May 2026 are North Burns Park, North Central, Downtown Ann Arbor, Newport West Condominiums, Platt Road, River House Condominiums, Old Orchard, Southwyck, Westgate, Downtown Toledo, Westmoreland, Franklin Park, North Towne, Reynolds Corners, Point Place, Colonial Square, Old West End, Scott Park, South Side, East Toledo

How much money should I make to buy a house in Madison, MI?

In May 2026, Madison homes were listed to buy for a median price of $288K, with 25% down you would need $1.82K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $62.7K.

Is it a good time to sell my house in Madison, MI?

Yes now is a good time to sell your house in Madison, in May 2026, homes in Madison have decreased in value (price per sqft) by 2% in the last year compared with May 2025.