Real Estate Investing in Madison, Indiana (47250)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47250 (Madison, IN)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.8% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Madison, IN (47250)?
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Market Analysis: 47250 Madison
Not every below-median market is a bargain. Madison's 47250 ZIP registers signals that favor experienced operators who can absorb the risk $243K pricing implies.
For an experienced owner, 47250 can be a a viable market for hunting ground — but the discount at $243K reflects genuine risk that outside investors often underestimate.
In the broader IN picture, 47250 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 47250 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 47250 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Madison:
Property Strategy for 47250
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $144,236 | $810 | 4.0% | +9.4% | $144,236 |
| 2BR | $178,271 | $960 | 3.9% | +10.1% | $89,135 |
| 3BR | $229,785 | $1,200 | 3.8% | +9.2% | $76,595 |
| 4BR | $318,290 | $1,500 | 3.4% | +8.3% | $79,573 |
| 5BR | $423,025 | — | — | +8.2% | $84,605 |
Market Trends
Home Value History (with trend line)
📊 How Does 47250 Compare?
| Metric | 47250 | Madison | Madison, IN | Indiana |
|---|---|---|---|---|
| Home Value | $243,472 | $286,147 | N/A | $248,442 |
| 5-Year CAGR | 7.0% | 7.1% | N/A | 7.7% |
| Avg Rent | $864 | $864 | N/A | - |
| Cap Rate | 2.8% | 2.4% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 47250 (Madison, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $243,472 |
| Monthly Rent | $864 |
| Price-to-Rent | 23.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +7.4% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +8.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 47250
Population: 23,013
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 47250
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What price range are homes in Madison, IN?
Typical homes in Madison, IN go for around $243K. The 5-year CAGR of 0.0% measured price movement.
Is Madison, IN good for house hacking?
House hacking works a challenging in Madison, IN. Rents of $864/mo against $243K acquisition make the strategy solid for owner-occupants.
What kind of tenants rent in Madison, IN?
Expect a solid tenant pool in Madison, IN. The rental market absorbs $864/mo rents without meaningful friction.
Are eviction rules reasonable in Madison, IN?
The landlord environment in Madison, IN is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What is the typical rental rate in Madison, IN?
Madison, IN rentals go for roughly $864/mo a month. That puts gross yield in solid territory relative to $243K acquisition costs.
You know 47250 now. You don’t know where it ranks.
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How 47250 ranks in Madison, IN
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