Madrid, NM Housing


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Madrid, NM is a great place to invest in real estate due to its relatively lower housing median value compared to the US House median value. The housing median value in Madrid, NM is about $222,900 while the US House Median Value is $338,100. In addition, the one year house appreciation in Madrid, NM is higher than the national average at 13.83% compared to 8.27%. This makes Madrid, NM an attractive option for those looking to purchase property as they can enjoy potential for greater returns on their investment.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingMadrid, New MexicoUnited States
  266.0139,647,020.0
  3342
  $222,900$338,100
  16.7%16.6%
  56.4%57.0%
  71.2%101.1%
  $5.58$10.98
  $732$2,690
  24.8%57.4%
  21.8%11.2%
  53.4%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  6.4%3.6%
  15.4%4.1%
  Value of Owner-Occupied Housing
  13.6%2.6%
  0.0%2.4%
  0.0%2.8%
  0.0%3.9%
  7.6%4.5%
  0.0%11.3%
  25.8%13.0%
  42.4%20.1%
  10.6%13.6%
  0.0%8.3%
  0.0%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  0.0%13.6%
  0.0%13.6%
  3.4%13.6%
  30.8%13.2%
  3.4%14.8%
  3.4%13.6%
  0.0%10.0%
  3.4%4.7%
  59.0%12.2%
Reviews for Madrid
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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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