Zip 06443 (Madison, CT) Housing

The housing market in Madison, CT 06443 is thriving. The median house value in the area is $560,900, which is significantly higher than the US median house value of $338,100. Not only that, but the one-year appreciation rate for the area is 10.61%, almost 2% higher than the national average of 8.27%. This indicates that there may be high demand for housing in Madison and that prices are likely to increase at a steady rate in the near future.

The median home cost in Madison (zip 06443) is $560,900. Home appreciation the last 10 years has been 47.1%. Home Appreciation in Madison (zip 06443) is up 13.4%.

Average Age of Homes

- The median age of Madison (zip 06443) real estate is 43 years old

The Rental Market in Madison (zip 06443)

- Renters make up 10.6% of the Madison (zip 06443) population
- 0.5% of houses and apartments in Madison (zip 06443), 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	Madison, Connecticut	United States
	8,048.0	139,647,020.0
	47	42
	$560,900	$338,100
	13.4%	16.6%
	44.1%	57.0%
	47.1%	101.1%
	$18.45	$10.98
	$8,096	$2,690
	75.1%	57.4%
	16.5%	11.2%
	8.4%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	13.4%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.3%	2.4%
	0.0%	2.8%
	0.2%	3.9%
	0.0%	4.5%
	0.5%	11.3%
	1.9%	13.0%
	9.5%	20.1%
	29.9%	13.6%
	19.3%	8.3%
	23.0%	9.7%
	10.3%	3.9%
	3.0%	2.2%
	0.5%	0.8%
	1.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.6%	13.6%
	9.6%	13.6%
	12.0%	13.6%
	14.4%	13.2%
	21.2%	14.8%
	12.0%	13.6%
	10.1%	10.0%
	5.2%	4.7%
	12.7%	12.2%

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