Madison, FL is a great place to call home. With an median housing value of $168,900, it is significantly lower than the US house median value of $338,100. The good news is that the 1 year house appreciation rate in Madison is 12.33%, which is higher than the US average of 8.27%. This makes Madison a great option for people wanting to buy or invest in real estate looking for increased returns on their investment.
The median home cost in Madison is $168,900. Home appreciation the last 10 years has been 93.9%. Home Appreciation in Madison is up 16.1%.
Average Age of Homes
- The median age of Madison real estate is 49 years old
The Rental Market in Madison
- Renters make up 38.0% of the Madison population
- 3.6% 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.