The housing median value in Madison, CA is $233,000, which is significantly lower than the national median of $338,100. Despite this difference in pricing, Madison still experiences some appreciation in housing prices with 1 year increase of 3.56%, which is lower than the US average of 8.27%. This indicates that the real estate market in Madison is stable and has a steady rate of increase over time. Although the cost of living may be slightly higher than other areas in California due to its low median price point, it remains an attractive option for those looking to purchase homes.
The median home cost in Madison is $233,000. Home appreciation the last 10 years has been 147.6%. Home Appreciation in Madison is up 9.7%.
Average Age of Homes
- The median age of Madison real estate is 54 years old
The Rental Market in Madison
- Renters make up 28.0% of the Madison population
- 0.0% 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.