Housing in Madison, Alabama
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Housing - Updated September, 2011
| Median Home Age | 16.1 | 35.1 |
| Median Home Cost | $203,300 | $175,100 |
| Home Appreciation | -2.24% | -3.15% |
| Homes Owned | 66.54% | 59.90% |
| Housing Vacant | 8.23% | 10.37% |
| Homes Rented | 25.24% | 29.73% |
| Property Tax Rate | $4.02 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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| Less Than $20,000 | 0.93% | 2.65% |
| $20,000 to $39,999 | 0.48% | 3.76% |
| $40,000 to $59,999 | 0.68% | 4.99% |
| $60,000 to $79,999 | 2.04% | 6.01% |
| $80,000 to $99,999 | 3.28% | 7.27% |
| $100,000 to $149,999 | 22.23% | 19.24% |
| $150,000 to $199,999 | 20.13% | 14.67% |
| $200,000 to $299,999 | 29.09% | 18.09% |
| $300,000 to $399,999 | 12.59% | 9.14% |
| $400,000 to $499,999 | 4.20% | 4.94% |
| $500,000 to $749,999 | 3.50% | 5.42% |
| $750,000 to $999,999 | 0.60% | 2.03% |
| $1,000,000 or more | 0.24% | 1.77% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 29.64% | 13.71% |
| 1995 to 1998 | 13.52% | 8.54% |
| 1990 to 1994 | 21.12% | 5.77% |
| 1980 to 1989 | 24.37% | 13.87% |
| 1970 to 1979 | 6.07% | 16.17% |
| 1960 to 1969 | 3.77% | 11.70% |
| 1950 to 1959 | 0.77% | 11.08% |
| 1940 to 1949 | 0.27% | 6.02% |
| 1939 or Earlier | 0.47% | 13.15% |
The median home value in Madison, AL, is $203,300. Home appreciation is -2.24% over the last year. The median age of Madison, AL, real estate is 16 years.
Madison, AL Apartments and Rentals
Renters make up 25.24% of the Madison, AL, population. 8.23% of houses and apartments in Madison, AL, are unoccupied (vacancy rate).
Madison Housing SperlingViews
Well kept secret: Madison Alabama boasts a low cost of living, low crime rate, with a well educated and professional community. It has all of the amenities of a larger city and with... (read more)Only One High School: This city has experienced uncontrolled growth. Plenty of new elementary and middle schools, only one high school. From all indications, it is already over crowded and... (read more)Good place for young family: This is a good city to raise a young family. Good schools and... (read more)Have an opinion about Madison? Leave a commentTo See All SperlingViews for Madison Click Here
