The housing market in Madison borough, PA is thriving, with a median value of $228,300. This is significantly lower than the US median value of $338,100, making it an attractive option for those looking to purchase a home. In addition, the one year house appreciation rate in Madison borough is 9.73%, which is slightly higher than the national average of 8.27%. This suggests that purchasing now could be beneficial for investors and first time buyers alike. The housing market in Madison borough appears to be healthy and growing quickly.
The median home cost in Madison is $228,300. Home appreciation the last 10 years has been 54.0%. Home Appreciation in Madison is up 10.4%.
Average Age of Homes
- The median age of Madison real estate is 64 years old
The Rental Market in Madison
- Renters make up 16.2% 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.