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Madison, IL
Full City Profile · Illinois · St. Louis city County
2.3
/5.0
C
Fair
2,788
Population
197/sq mi density
$44,181
Median Income
$21,247 per capita
$51,200
Home Value
$54,473 Zillow
$1,010
Median Rent
29.9% income on rent
57°F
Avg Temperature
293 sunny days/yr
198
Violent Crime/100K
1,071 property/100K
C
Overall
2.3 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.5 / 5.0
$44,181 median income, 11.5% unemployment
A+
Affordability
5.0 / 5.0
$51,200 home value, $1,010/mo rent
F
Safety
1.0 / 5.0
198 violent crimes/100K
D
Education
1.6 / 5.0
7.2% bachelor's degree or higher
Housing Overview
Median Home Value
$51,200
82% below
US avg: $281,900
Median Rent
$1,010/mo
13% below
US avg: $1,163/mo
Homeownership Rate
44.9%
31% below US avg (65.4%)
Total Housing Units
1,642
Median year built: 1955
Home Value by Source
Census Median
$51,200
Zillow (ZHVI)
$54,473
Median Sale Price
$74,250
Median List Price
$99,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
44.9%
Owner-Occupied
55.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$955/mo
1 Bedroom
$995/mo
2 Bedroom
$1,218/mo
3 Bedroom
$1,568/mo
4 Bedroom
$1,812/mo
Census median rent:
$1,010/mo
Market Indicators (Redfin)
Median Days on Market
90 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
11.1%
of listings with price reduction
Price Per Sq Ft
$115
Active Inventory
9
homes for sale
Affordability & Housing Stock
Rent Burden
29.9%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
44.9%
Complete Housing Data
Home Values
| Census Median Value | $51,200 |
| Zillow Home Value (ZHVI) | $54,473 |
| Median Sale Price | $74,250 |
| Median List Price | $99,900 |
| Price Per Sq Ft | $115 |
Rent
| Census Median Rent | $1,010 |
| FMR Studio | $955 |
| FMR 1-Bedroom | $995 |
| FMR 2-Bedroom | $1,218 |
| FMR 3-Bedroom | $1,568 |
| FMR 4-Bedroom | $1,812 |
Market
| Days on Market | 90 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 11.1% |
| Homes Sold | 2 |
| Active Inventory | 9 |
| Price Per Sq Ft | $115 |
Ownership & Stock
| Owner-Occupied | 44.9% |
| Renter-Occupied | 55.1% |
| Homeownership Rate | 44.9% |
| Total Housing Units | 1,642 |
| Median Year Built | 1955 |
| Rent Burden | 29.9% |