Madison, ND is a great place to live with its housing median value of $139,200. Compared to the US house median value of $338,100, it's an advantageous place for people looking to purchase a house. Furthermore, the one year appreciation rate for houses in Madison is 9.41%, which is higher than the US 1 year house appreciation rate of 8.27%. This makes Madison a great place to invest in real estate and take advantage of the cheap housing prices and high appreciation rates.
The median home cost in Madison is $139,200. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Madison is up 10.5%.
Average Age of Homes
- The median age of Madison real estate is 59 years old
The Rental Market in Madison
- Renters make up 50.0% 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.