Zip 93638 (Madera, CA) Housing

Madera, CA (93638) is a great place to live with an affordable median home value of $301,800. This is lower than the US Median Value of $338,100 and makes it easier for people to purchase their own homes. House values in Madera have appreciated over the past year by 7.92%, which is slightly lower than the US 1 year appreciation rate of 8.27%. With its relatively low cost of living and attractive house values, Madera is an ideal choice for anyone looking to buy a home in California.

The median home cost in Madera (zip 93638) is $301,800. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Madera (zip 93638) is up 15.8%.

Average Age of Homes

- The median age of Madera (zip 93638) real estate is 34 years old

The Rental Market in Madera (zip 93638)

- Renters make up 45.9% of the Madera (zip 93638) population
- 0.9% of houses and apartments in Madera (zip 93638), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Madera, California	United States
	13,130.0	139,647,020.0
	34	42
	$301,800	$338,100
	15.8%	16.6%
	60.7%	57.0%
	142.5%	101.1%
	$6.50	$10.98
	$1,558	$2,690
	52.5%	57.4%
	5.3%	11.2%
	42.2%	31.4%
Vacant Housing
	0.9%	1.9%
	0.3%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.6%	3.6%
	3.5%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	1.5%	2.4%
	0.6%	2.8%
	0.3%	3.9%
	2.0%	4.5%
	8.2%	11.3%
	17.8%	13.0%
	39.7%	20.1%
	20.4%	13.6%
	3.6%	8.3%
	2.9%	9.7%
	0.1%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	18.6%	13.6%
	18.6%	13.6%
	17.5%	13.6%
	16.1%	13.2%
	21.5%	14.8%
	17.5%	13.6%
	3.9%	10.0%
	5.7%	4.7%
	3.3%	12.2%

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