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2025 Compare Cities Housing:
Madrid, NM vs Jerome, AZ

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Highlights
- The median age of a home in Madrid is 15.2% older than the median age of a home in Jerome.
 Madrid, NMJerome, AZUnited States
 Median Home Age33  Unlock42
 Median Home Cost  Unlock$442,000$338,100
 Home Appr. Last 12 months16.7%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock81.5%57.0%
 Home Appr. Last 10 yrs.71.2%  Unlock101.1%
 Property Tax Rate  Unlock$5.2$11.0
 Homes Owned24.8%  Unlock57.4%
 Housing Vacant  Unlock24.4%11.2%
 Homes Rented53.4%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Madrid, NMJerome, AZUnited States
 Average Rent  Unlock$1,580$1,840
 Studio Apartment$940  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$940$1,180
 2 Bedroom Home or Apartment$1,230  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,600$1,860
 4 Bedroom Home or Apartment$1,740  Unlock$2,160
 space1
 Vacant Housing
 Madrid, NMJerome, AZUnited States
 Vacant For Rent  Unlock2.3%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.0%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock12.7%3.6%
 Vacant Other15.4%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Madrid, NMJerome, AZUnited States
 Less Than $20,000  Unlock0.0%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock9.0%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock0.0%4.5%
 $100,000 to $149,9990.0%  Unlock11.3%
 $150,000 to $199,999  Unlock4.9%13.0%
 $200,000 to $299,99942.4%  Unlock20.1%
 $300,000 to $399,999  Unlock54.2%13.6%
 $400,000 to $499,9990.0%  Unlock8.3%
 $500,000 to $749,999  Unlock3.5%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Madrid, NMJerome, AZUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock11.4%13.6%
 2000 to 20090.0%  Unlock13.6%
 1990 to 1999  Unlock0.0%13.6%
 1980 to 198930.8%  Unlock13.2%
 1970 to 1979  Unlock6.4%14.8%
 1960 to 19693.4%  Unlock13.6%
 1950 to 1959  Unlock4.0%10.0%
 1940 to 19493.4%  Unlock4.7%
 1939 or Earlier  Unlock69.6%12.2%
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Reviews for Madrid    1 Reviews
Carrie · Tijeras, NM
Take some time and visit Madrid
Over 18 years ago

Two words - Wild Hogs. No not the animal, but the movie. Yes this is the quiet little mountain town were they filmed part of the movie. Set that aside and what you have  More

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Learn More About Madrid, New Mexico
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