Madison, AL Housing


11 Reviews



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Madison, AL is a great place to live with its affordable median house value of $356,000. This is slightly below the US housing median value of $3381,00, but has seen higher appreciation in the last year at 14.36%, compared to the US average of 8.27%. This makes Madison a desirable location for those looking for an investment opportunity as well as those seeking a pleasant living experience.

The median home cost in Madison is $356,000. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Madison is up 23.2%.

Average Age of Homes
- The median age of Madison real estate is 22 years old
The Rental Market in Madison
- Renters make up 26.4% of the Madison population
- 0.3% of houses and apartments in Madison, are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingMadison, AlabamaUnited States
  22,020.0139,647,020.0
  2342
  $356,000$338,100
  23.2%16.6%
  77.4%57.0%
  85.8%101.1%
  $5.38$10.98
  $1,505$2,690
  71.8%57.4%
  3.0%11.2%
  25.2%31.4%
  Vacant Housing
  0.3%1.9%
  0.1%0.4%
  0.8%0.7%
  0.4%0.4%
  0.4%3.6%
  1.1%4.1%
  Value of Owner-Occupied Housing
  1.2%2.6%
  1.0%2.4%
  0.5%2.8%
  0.2%3.9%
  2.4%4.5%
  6.9%11.3%
  14.3%13.0%
  29.4%20.1%
  18.6%13.6%
  14.2%8.3%
  9.2%9.7%
  1.7%3.9%
  0.3%2.2%
  0.0%0.8%
  0.1%1.1%
  Housing Units by Year Structure Built
  0.2%0.2%
  26.3%13.6%
  26.3%13.6%
  25.9%13.6%
  15.9%13.2%
  6.7%14.8%
  25.9%13.6%
  1.4%10.0%
  0.7%4.7%
  1.0%12.2%
Reviews for Madison
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My wife and I moved from Atlanta, GA area in 2016 when I retired. We have now lived in Huntsville for 4 years and now in Madison for almost 4 years. We were thinking  More

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Low crime. Traffic not too bad even during peak times. Covert classim and racism. A stick with our own mentality. Not very diverse primarily just blacks and whites.  More

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Madison is nice. The schools are excellent, which is why we chose to live here. The job market is good for anyone with an engineering degree or ex military, but for  More

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