Madera Metro Area, CA Housing

The housing market in the Madera, CA Metro Area is doing well, with a median value of $384,000. This is slightly above the national median value of $338,100. While the US has seen an 8.27% appreciation in house prices over the last year, Madera has seen a slightly lower 6.39% increase. This indicates that there may be a local market driver at work keeping prices high in this area.

The median home cost in Madera Metro Area is $384,000. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Madera Metro Area is up 15.8%.

Average Age of Homes

- The median age of Madera Metro Area real estate is 32 years old

The Rental Market in Madera Metro Area

- Renters make up 33.9% of the Madera Metro Area population
- 1.1% of houses and apartments in Madera Metro Area, 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

Housing	Madera, California	United States
	49,512.0	139,647,020.0
	34	42
	$384,000	$338,100
	15.8%	16.6%
	60.7%	57.0%
	142.5%	101.1%
	$7.44	$10.98
	$2,120	$2,690
	58.3%	57.4%
	12.0%	11.2%
	29.8%	31.4%
Vacant Housing
	1.1%	1.9%
	0.2%	0.4%
	0.7%	0.7%
	0.8%	0.4%
	5.1%	3.6%
	4.0%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	1.4%	2.4%
	0.9%	2.8%
	0.8%	3.9%
	0.8%	4.5%
	5.3%	11.3%
	9.7%	13.0%
	34.6%	20.1%
	24.7%	13.6%
	8.7%	8.3%
	6.1%	9.7%
	2.2%	3.9%
	1.2%	2.2%
	0.5%	0.8%
	1.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	21.4%	13.6%
	21.4%	13.6%
	18.2%	13.6%
	14.7%	13.2%
	19.6%	14.8%
	18.2%	13.6%
	5.7%	10.0%
	4.4%	4.7%
	3.5%	12.2%

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