Zip 04950 (Madison, ME) Housing

Madison, Maine is a small town with a population of just over 3,000 people. The housing median value in Madison is $168,600, which is lower than the US house median value of $338,100. However, Madison has seen an impressive 16.46% increase in house appreciation over the past year, which is higher than the US 1-year house appreciation rate of 8.27%. This suggests that investing in housing in Madison may be a wise move for potential homebuyers and investors alike.

The median home cost in Madison (zip 04950) is $168,600. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Madison (zip 04950) is up 20.6%.

Average Age of Homes

- The median age of Madison (zip 04950) real estate is 50 years old

The Rental Market in Madison (zip 04950)

- Renters make up 18.4% of the Madison (zip 04950) population
- 0.0% of houses and apartments in Madison (zip 04950), 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, Maine	United States
	2,575.0	139,647,020.0
	39	42
	$168,600	$338,100
	20.6%	16.6%
	71.4%	57.0%
	82.1%	101.1%
	$15.49	$10.98
	$1,739	$2,690
	59.0%	57.4%
	22.5%	11.2%
	18.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	3.5%	0.7%
	0.8%	0.4%
	16.0%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	9.7%	2.4%
	6.3%	2.8%
	20.8%	3.9%
	1.8%	4.5%
	36.4%	11.3%
	7.4%	13.0%
	7.1%	20.1%
	7.7%	13.6%
	0.0%	8.3%
	2.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.8%	13.6%
	11.8%	13.6%
	23.0%	13.6%
	9.7%	13.2%
	10.4%	14.8%
	23.0%	13.6%
	0.9%	10.0%
	7.2%	4.7%
	25.7%	12.2%

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