What is the median home value in Madison Township (Montgomery County), IN?
The median value of owner-occupied homes in Madison Township (Montgomery County), IN is $171,100 (±$35,495), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Madison Township (Montgomery County), the median home value went from $84,300 in 2015–2019 to $171,100 in 2020–2024 (+103.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $171,100 (±$35,495)
- Owner-occupied homes
- 351 (±71)
- Most common range
- $200,000 to $299,999
Home values in Madison Township (Montgomery County)
| Value | Madison Township (Montgomery County) | Montgomery County | Indiana | United States |
|---|---|---|---|---|
| Less than $50,000 | 5.7% (±3.5 points) | 7.9% | 6.0% | 5.3% |
| $50,000 to $99,999 | 15.1% (±6.8 points) | 14.6% | 10.1% | 6.1% |
| $100,000 to $149,999 | 17.7% (±9.5 points) | 19.0% | 12.7% | 6.8% |
| $150,000 to $199,999 | 17.7% (±7.8 points) | 17.3% | 15.8% | 9.0% |
| $200,000 to $299,999 | 27.1% (±10.0 points) | 22.5% | 25.1% | 17.8% |
| $300,000 to $499,999 | 14.5% (±9.8 points) | 14.5% | 21.8% | 26.9% |
| $500,000 to $999,999 | 2.3% (±2.8 points) | 3.7% | 7.3% | 20.9% |
| $1,000,000 or more | 0.0% (±10.1 points) | 0.6% | 1.2% | 7.1% |
The most common range is $200,000 to $299,999, 27.1% 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 (Montgomery County) against Montgomery County, its state and the nation
| Madison Township (Montgomery County) | Montgomery County | Indiana | United States | |
|---|---|---|---|---|
| Median home value | $171,100 (±$35,495) | $171,800 (±$5,987) | $218,200 (±$739) | $332,700 |
| Owner-occupied homes | 351 (±71) | 12,524 (±453) | 1,916,243 (±9,865) | 84,210,142 |
In Madison Township (Montgomery County), the median home value is not measurably different from Montgomery County ($171,800).
It is also lower than in Indiana ($218,200).
It is lower than the national figure ($332,700).
In Montgomery County, Madison Township (Montgomery County) ranks 4 of 21 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 823 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 (Montgomery County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $84,300 (±$11,738) | $171,100 (±$35,495) | +103.0% | Up after inflation |
| Median owner cost with a mortgage | $1,015 (±$122) | $1,183 (±$165) | +16.6% | No measurable change after inflation |
| Median real estate taxes | $342 (±$97) | $1,095 (±$447) | +220.2% | Up 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 (Montgomery County)
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Madison Township (Montgomery County) | — | $171,100 (±$35,495) | — |
| Linden | 2.3 mi | $141,800 (±$17,942) | Not measurably different |
| Sugar Creek Township (Montgomery County) | 5.9 mi | $168,800 (±$106,411) | Not measurably different |
| New Richmond | 6.1 mi | $89,200 (±$29,529) | Lower |
| Randolph Township (Tippecanoe County) | 6.3 mi | $222,000 (±$83,739) | Not measurably different |
| Darlington | 6.5 mi | $120,500 (±$10,739) | Lower |
| Lauramie Township | 7.0 mi | $216,700 (±$106,633) | Not measurably different |
| Coal Creek Township | 7.5 mi | $148,100 (±$35,976) | Not measurably different |
| Franklin Township (Montgomery County) | 8.5 mi | $169,200 (±$17,428) | Not measurably different |
Nearby places with a measurably lower figure: New Richmond, IN ($89,200), Darlington, IN ($120,500).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Montgomery County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Scott Township (Montgomery County) | $262,600 (±$22,022) |
| 2 | Walnut Township (Montgomery County) | $188,800 (±$13,425) |
| 3 | Union Township (Montgomery County) | $174,000 (±$9,640) |
| 4 | Madison Township (Montgomery County) | $171,100 (±$35,495) |
| 5 | Franklin Township (Montgomery County) | $169,200 (±$17,428) |
| 6 | Sugar Creek Township (Montgomery County) | $168,800 (±$106,411) |
| 7 | Clark Township (Montgomery County) | $165,800 (±$33,974) |
| 8 | Coal Creek Township | $148,100 (±$35,976) |
| 9 | Brown Township (Montgomery County) | $147,800 (±$30,589) |
| 10 | New Ross | $145,000 (±$46,264) |
Showing 10 of 21 places in Montgomery 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.
What you can do on Seayora in Madison Township (Montgomery County)
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Madison Township (Montgomery County) beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Madison Township (Montgomery County), save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Madison Township (Montgomery County), and send estimates and invoices from your phone.
Questions about Madison Township (Montgomery County)
What is the average home value in Madison Township (Montgomery County), IN?
The Census Bureau publishes the median: $171,100 (±$35,495) for owner-occupied homes in Madison Township (Montgomery County) (2020–2024 American Community Survey).
Have home values in Madison Township (Montgomery County) gone up?
In Madison Township (Montgomery County), the median home value went from $84,300 in 2015–2019 to $171,100 in 2020–2024 (+103.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Madison Township (Montgomery 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Madison township, Montgomery County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Madison township, Montgomery County, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Madison township, Montgomery County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Madison township, Montgomery County, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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, Montgomery County, Indiana (county subdivision:46026, in state:18 county:107).
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.
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 .
Related
- Housing in Madison Township (Montgomery County) at a glance
- Renters and owners in Madison Township (Montgomery County)
- Income and affordability in Madison Township (Montgomery County)
- Homeowner costs in Madison Township (Montgomery County)
- Property taxes in Madison Township (Montgomery County)
- Types of homes in Madison Township (Montgomery County)
- Bedrooms in Madison Township (Montgomery County)
- Age of homes in Madison Township (Montgomery County)
- Heating fuel in Madison Township (Montgomery County)
- Commute and cars in Madison Township (Montgomery County)
- Population growth in Madison Township (Montgomery County)
- How long people stay in Madison Township (Montgomery County)
- Indiana landlord and tenant rules
- Housing across Montgomery County
- Indiana places ranked by median home value
- Housing data for every place in Indiana