The city of Madison in Alabama has a median housing value of $350,700 which is higher than the US national median housing value of $338,100. In the past year, house appreciation in Madison has been 14.36%, significantly higher than the US national 1 year appreciation rate of 8.27%. This data suggests that Madison is a desirable area to buy property and that it is likely to be a good investment for the future.
The median home cost in Madison (zip 35758) is $350,700. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Madison (zip 35758) is up 23.2%.
Average Age of Homes
- The median age of Madison (zip 35758) real estate is 22 years old
The Rental Market in Madison (zip 35758)
- Renters make up 29.8% of the Madison (zip 35758) population
- 0.3% of houses and apartments in Madison (zip 35758), 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.