The housing market in Madison, AL (35757) is showing considerably higher appreciation than the national rate. With a median value of $324,600 and an appreciation rate of 14.36%, those looking to invest in this area are sure to find a great return on their investment. Comparatively, the US median house value is currently at $338,100 with an appreciation rate of 8.27%. Madison's higher appreciation rate shows that the area is steadily growing in terms of housing values and demand, making now a great time to purchase property in this area.
The median home cost in Madison (zip 35757) is $324,600. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Madison (zip 35757) is up 23.2%.
Average Age of Homes
- The median age of Madison (zip 35757) real estate is 17 years old
The Rental Market in Madison (zip 35757)
- Renters make up 12.9% of the Madison (zip 35757) population
- 0.0% of houses and apartments in Madison (zip 35757), 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.