What the Pros Know
Market Snapshot
Zip Code 62040 | Madison County, IL
40,716
Population
YoY
202239.3
Median Age
YoY
2022$59,542
Median Household Income
YoY
2022$124,000
Median Sale Price
3.3% MoM
6.7% YoY
5/2024145
Homes Sold
5.8% MoM
8.8% YoY
5/20240.5
Months Inventory
1.9% MoM
YoY
5/202434
Days on Market
12 MoM
4 YoY
5/202475
Listings
4.2% MoM
12.8% YoY
5/202499.3%
Sale Price to List Price
1.9% MoM
1.3% YoY
5/2024
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.