What is the median home value in Madison Township (Allen County), IN?

The median value of owner-occupied homes in Madison Township (Allen County), IN is $206,500 (±$36,599), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Madison Township (Allen County), the median home value went from $144,400 in 2015–2019 to $206,500 in 2020–2024 (+43.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$206,500 (±$36,599)
Owner-occupied homes
619 (±77)
Most common range
$200,000 to $299,999

Home values in Madison Township (Allen County)

Owner-occupied homes by value, 2020–2024
ValueMadison Township (Allen County)Allen CountyIndianaUnited States
Less than $50,0003.2% (±2.7 points)5.6%6.0%5.3%
$50,000 to $99,9997.4% (±6.3 points)8.4%10.1%6.1%
$100,000 to $149,99916.3% (±7.3 points)13.3%12.7%6.8%
$150,000 to $199,99921.2% (±8.2 points)17.7%15.8%9.0%
$200,000 to $299,99925.4% (±8.6 points)27.9%25.1%17.8%
$300,000 to $499,99919.1% (±7.5 points)20.0%21.8%26.9%
$500,000 to $999,9995.2% (±3.8 points)6.2%7.3%20.9%
$1,000,000 or more2.3% (±3.7 points)0.9%1.2%7.1%

The most common range is $200,000 to $299,999, 25.4% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Madison Township (Allen County) against Allen County, its state and the nation

Estimate (90% margin of error)
Madison Township (Allen County)Allen CountyIndianaUnited States
Median home value$206,500 (±$36,599)$214,900 (±$2,752)$218,200 (±$739)$332,700
Owner-occupied homes619 (±77)107,825 (±1,275)1,916,243 (±9,865)84,210,142

In Madison Township (Allen County), the median home value is not measurably different from Allen County ($214,900).

It is not measurably different from Indiana ($218,200).

It is lower than the national figure ($332,700).

In Allen County, Madison Township (Allen County) ranks 17 of 28 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 579 of 1,574.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Madison Township (Allen County) have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$144,400 (±$15,462)$206,500 (±$36,599)+43.0%No measurable change after inflation
Median owner cost with a mortgage$1,057 (±$95)$1,284 (±$251)+21.5%No measurable change after inflation
Median real estate taxes$1,145 (±$158)$1,546 (±$428)+35.0%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Madison Township (Allen County)

Nearest places with a published estimate, compared with Madison Township (Allen County)
PlaceDistanceMedian home valueCompared with this place
Madison Township (Allen County)—$206,500 (±$36,599)—
Monroeville3.8 mi$128,000 (±$21,115)Lower
Monroe Township (Allen County)5.1 mi$159,800 (±$5,919)Lower
Marion Township (Allen County)5.6 mi$235,800 (±$31,502)Not measurably different
Root Township5.9 mi$193,800 (±$24,831)Not measurably different
Jefferson Township (Allen County)5.9 mi$214,000 (±$21,140)Not measurably different
Union Township (Adams County)7.8 mi$213,700 (±$55,675)Not measurably different
Jackson Township (Allen County)8.0 mi$276,300 (±$100,928)Not measurably different
Adams Township (Allen County)8.0 mi$156,400 (±$6,383)Lower

Nearby places with a measurably lower figure: Monroeville, IN ($128,000), Monroe Township (Allen County), IN ($159,800), Adams Township (Allen County), IN ($156,400).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Allen County, place by place

RankPlaceMedian home value
11Lake Township (Allen County)$260,800 (±$15,306)
12Scipio Township (Allen County)$239,700 (±$66,542)
13Marion Township (Allen County)$235,800 (±$31,502)
14Maumee Township$221,300 (±$50,738)
15Jefferson Township (Allen County)$214,000 (±$21,140)
16St. Joseph Township$208,100 (±$5,837)
17Madison Township (Allen County)$206,500 (±$36,599)
18Washington Township (Allen County)$202,000 (±$6,074)
19Pleasant Township (Allen County)$189,200 (±$17,347)
20Fort Wayne$188,900 (±$3,394)
21Harlan$179,200 (±$58,177)
22New Haven$166,900 (±$6,567)
23Monroe Township (Allen County)$159,800 (±$5,919)

Showing 13 of 28 places in Allen County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Madison Township (Allen County)

What is the average home value in Madison Township (Allen County), IN?

The Census Bureau publishes the median: $206,500 (±$36,599) for owner-occupied homes in Madison Township (Allen County) (2020–2024 American Community Survey).

Have home values in Madison Township (Allen County) gone up?

In Madison Township (Allen County), the median home value went from $144,400 in 2015–2019 to $206,500 in 2020–2024 (+43.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Madison Township (Allen County) sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Madison township, Allen County, Indiana (county subdivision:45882, in state:18 county:003).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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