Madera, CA has a median housing value of $351,300, which is slightly higher than the US median housing value of $338,100. In the past year, house appreciation in Madera has been 7.92%, slightly lower than the national rate of 8.27%. This suggests that real estate prices in Madera are on the rise but not at an accelerated rate compared to other parts of the US. Despite this, Madera still remains an attractive place to buy property with its comparatively high median value and steady appreciation rates.
The median home cost in Madera is $351,300. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Madera is up 15.8%.
Average Age of Homes
- The median age of Madera real estate is 33 years old
The Rental Market in Madera
- Renters make up 48.5% of the Madera population
- 1.4% of houses and apartments in Madera, 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.