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Housing

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  HOUSING OVERVIEW
  

The median home value in Madison, Mississippi, is $239,200. Home appreciation is 6.94% over the last 10 years. The median age of Madison, Mississippi, real estate is 18 years.

Madison, Mississippi Apartments and Rentals

Renters make up 7.16% of the Madison, Mississippi, population. 4.92% of houses and apartments in Madison, Mississippi, are unoccupied (vacancy rate).

  HOUSINGMadison, MississippiUnited States
  Median Home Age  1837
  Median Home Cost  $239,200$185,800
  Home Appr. Last 12 months  2.08%3.74%
  Home Appr. Last 5 yrs.  3.11%16.02%
  Home Appr. Last 10 yrs.  6.94%-0.68%
  Property Tax Rate  $7.97$11.80
  Homes Owned  87.92%56.34%
  Housing Vacant  4.92%12.45%
  Homes Rented  7.16%31.21%
  AVERAGE RENT FOR HOME OR APARTMENT
  Studio Apartment  $880$712
  1 Bedroom Home or Apartment  $1,040$825
  2 Bedroom Home or Apartment  $1,220$1,027
  3 Bedroom Home or Apartment  $1,540$1,379
  4 Bedroom Home or Apartment  $1,810$1,601
  VACANT HOUSING
  Vacant For Rent  0.23%2.34%
  Vacant Rented  0.00%0.46%
  Vacant For Sale  1.87%1.20%
  Vacant Sold  0.12%0.46%
  Vacant Vacation  1.18%3.97%
  Vacant Other  1.53%4.02%
  VALUE OF OWNER-OCCUPIED HOUSING
  Less Than $20,000  0.89%4.57%
  $20,000 to $39,999  0.60%3.37%
  $40,000 to $59,999  0.68%4.19%
  $60,000 to $79,999  0.43%5.74%
  $80,000 to $99,999  1.71%6.79%
  $100,000 to $149,999  9.34%15.19%
  $150,000 to $199,999  21.51%14.69%
  $200,000 to $299,999  32.03%18.15%
  $300,000 to $399,999  15.07%10.43%
  $400,000 to $499,999  10.21%5.70%
  $500,000 to $749,999  5.77%6.39%
  $750,000 to $999,999  0.52%2.41%
  $1,000,000 or more  1.26%2.39%
  HOUSING UNITS BY YEAR STRUCTURE BUILT
  2010 and newer  2.28%2.03%
  2000 to 2009  30.81%14.63%
  1990 to 1999  35.77%14.01%
  1980 to 1989  18.35%13.70%
  1970 to 1979  8.37%15.66%
  1960 to 1969  35.77%14.01%
  1950 to 1959  0.33%10.63%
  1940 to 1949  0.43%5.25%
  1939 or Earlier  0.32%13.09%

  HOUSING MAP

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Reviews for Madison


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  4/27/2014
City Planning

Forget everything you've heard about Mississippi. In 30 years, Madison and Ridgeland, sister cities, have grown from being whistle stop railroad communities into two of... (Read More)

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  1/29/2014
Beautiful city-Madison Mississippi

Madison is a beautiful city. I have been leaving here for 1year. Love it!! It's safe and has best school system in Mississippi.... (Read More)

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  12/4/2013
Nice Area to Raise a Family

The Madison County area just north of Jackson is a growning community with excellent school systems both public and private. This provides oppportunity to select the... (Read More)

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