Housing in Madison, LA County is relatively affordable compared to the US median value of $338,100. The median value in Madison is only $106,730. Furthermore, house appreciation over the last year has been relatively consistent with the national average of 8.27%, with Madison's 1 year appreciation rate at 7.40%. This indicates that housing prices are stable in Madison and may even increase slightly in coming years.
The median home cost in Madison County is $106,730. Home appreciation the last 10 years has been 40.8%. Home Appreciation in Madison County is up 10.1%.
Average Age of Homes
- The median age of Madison County real estate is 43 years old
The Rental Market in Madison County
- Renters make up 37.5% of the Madison County population
- 5.8% of houses and apartments in Madison County, 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.