Madison, IN Metro Area - Investment Guide
Metro Area • 5 Cities • 6 ZIP Codes
Avg Home Value
$251,981
Avg Monthly Rent
$969
Avg Cap Rate
3.05%
Avg Investability
3.0 ★
Cities
5
ZIP Codes
6
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Market Trends
Metro Home Value History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
☀️
WARM MARKET
Madison, IN Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
8.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Madison, IN
Every ZIP in the metro, ranked four ways. Free.
Cities in Madison, IN
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 47250 | Madison | IN | $243,472 | $864 | 2.77% | |
| 47224 | Madison | IN | $324,558 | $864 | 2.08% | |
| 47230 | Deputy | IN | $225,622 | $864 | 2.99% | |
| 47231 | Dupont | IN | $215,354 | $972 | 3.52% | |
| 47243 | Hanover | IN | $214,692 | $963 | 3.50% | |
| 47138 | Lexington | IN | $263,749 | $1,287 | 3.81% | |
| 47250 | Madison | IN | $234,178 | $864 | 2.88% | |
| 47224 | Madison | IN | $346,811 | $864 | 1.94% | |
| 47230 | Deputy | IN | $240,559 | $864 | 2.80% | |
| 47231 | Dupont | IN | $233,845 | $972 | 3.24% | |
| 47138 | Lexington | IN | $240,922 | $1,287 | 4.17% | |
| 47243 | Hanover | IN | $227,862 | $963 | 3.30% | |
| 47250 | Madison | IN | $248,717 | $864 | 2.71% | |
| 47224 | Madison | IN | $320,282 | $864 | 2.10% | |
| 47230 | Deputy | IN | $216,578 | $864 | 3.11% | |
| 47231 | Dupont | IN | $208,631 | $972 | 3.63% | |
| 47243 | Hanover | IN | $206,578 | $963 | 3.64% | |
| 47138 | Lexington | IN | $255,960 | $1,287 | 3.92% | |
| 47250 | Madison | IN | $231,018 | $864 | 2.92% | |
| 47224 | Madison | IN | $332,218 | $864 | 2.03% | |
| 47230 | Deputy | IN | $233,253 | $864 | 2.89% | |
| 47231 | Dupont | IN | $226,595 | $972 | 3.35% | |
| 47138 | Lexington | IN | $240,922 | $1,287 | 4.17% | |
| 47243 | Hanover | IN | $222,806 | $963 | 3.37% | |
| 47250 | Madison | IN | $244,672 | $864 | 2.75% | |
| 47224 | Madison | IN | $320,282 | $864 | 2.10% | |
| 47230 | Deputy | IN | $216,578 | $864 | 3.11% | |
| 47231 | Dupont | IN | $208,631 | $972 | 3.63% | |
| 47243 | Hanover | IN | $206,578 | $963 | 3.64% | |
| 47138 | Lexington | IN | $252,372 | $1,287 | 3.98% | |
| 47250 | Madison | IN | $231,018 | $864 | 2.92% | |
| 47224 | Madison | IN | $323,478 | $864 | 2.08% | |
| 47230 | Deputy | IN | $229,896 | $864 | 2.93% | |
| 47231 | Dupont | IN | $224,289 | $972 | 3.38% | |
| 47243 | Hanover | IN | $220,451 | $963 | 3.41% | |
| 47138 | Lexington | IN | $257,141 | $1,287 | 3.90% | |
| 47250 | Madison | IN | $241,182 | $864 | 2.79% | |
| 47224 | Madison | IN | $328,822 | $864 | 2.05% | |
| 47230 | Deputy | IN | $232,442 | $864 | 2.90% | |
| 47231 | Dupont | IN | $224,066 | $972 | 3.38% | |
| 47138 | Lexington | IN | $247,510 | $1,287 | 4.06% | |
| 47243 | Hanover | IN | $225,944 | $963 | 3.32% |
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About Madison, IN Real Estate Market
The Madison, IN metropolitan statistical area (MSA) encompasses 5 cities and 6 ZIP codes. The average home value across the metro is $251,981, with an average monthly rent of $969. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.