Median home value in zip code 47224 (Madison, IN) is $324,557, up 9.8% year over year. Part of the Madison, IN metropolitan area.

Home Value$324,557

YoY Change

+9.8%

Prices rising — worse for buyers.

Affordability

Enter your income for 47224 (Madison).

Income (annual)

Down Payment

$64,911 on $324,557

Example: $75,000 household income. Change it above to see your own.

Stretch32.1% of income

Above 28% but manageable with cuts.

PITI$2,004

P/I32.1%

Afford$283K

Gap-$41K

P&I $1,641Tax $230Ins $133

6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

47224 is part of the Madison, IN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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