The housing market in Madison, KS is flourishing. According to recent data, the median value of homes in Madison is $82,300, significantly lower than the US average of $338,100. However, Madison has seen a 10.51% increase in house prices over the last year compared to only 8.27% nationally. This demonstrates that Madison’s housing market is strong and growing faster than other parts of the country.
The median home cost in Madison is $82,300. Home appreciation the last 10 years has been 59.6%. Home Appreciation in Madison is up 13.8%.
Average Age of Homes
- The median age of Madison real estate is 65 years old
The Rental Market in Madison
- Renters make up 15.5% of the Madison population
- 1.2% 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.