Zip 32340 (Madison, FL) Housing

Housing in 32340 Madison, FL is relatively affordable compared to the US median value of $338,100. The housing median value in this area is $165,900 and has seen an appreciation rate of 12.33% over the past year, which is 4.06% higher than the national average of 8.27%. This makes 32340 Madison, FL a great option for those looking for a home with a good amount of investment potential.

The median home cost in Madison (zip 32340) is $165,900. Home appreciation the last 10 years has been 93.9%. Home Appreciation in Madison (zip 32340) is up 16.1%.

Average Age of Homes

- The median age of Madison (zip 32340) real estate is 36 years old

The Rental Market in Madison (zip 32340)

- Renters make up 21.6% of the Madison (zip 32340) population
- 1.9% of houses and apartments in Madison (zip 32340), 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, Florida	United States
	4,472.0	139,647,020.0
	39	42
	$165,900	$338,100
	16.1%	16.6%
	57.5%	57.0%
	93.9%	101.1%
	$8.34	$10.98
	$946	$2,690
	53.4%	57.4%
	21.2%	11.2%
	25.5%	31.4%
Vacant Housing
	1.9%	1.9%
	0.3%	0.4%
	0.5%	0.7%
	0.2%	0.4%
	5.8%	3.6%
	12.4%	4.1%
Value of Owner-Occupied Housing
	5.7%	2.6%
	12.9%	2.4%
	8.7%	2.8%
	11.7%	3.9%
	8.0%	4.5%
	10.7%	11.3%
	10.2%	13.0%
	13.2%	20.1%
	10.2%	13.6%
	2.8%	8.3%
	4.5%	9.7%
	0.6%	3.9%
	0.0%	2.2%
	0.9%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	18.2%	13.6%
	18.2%	13.6%
	16.7%	13.6%
	12.8%	13.2%
	14.2%	14.8%
	16.7%	13.6%
	8.2%	10.0%
	5.0%	4.7%
	7.2%	12.2%

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