Madison, NC Housing
As of 2010-2014, median price of a house in Madison is $108,300, which is lower than the state average of $153,600 and is much lower than the national average of $175,700. The Madison median house value has grown by 31.59% since 2000. The growth rate for the price of a house in Madison is lower than the state average rate of 41.83% and is lower than the national average rate of 46.91%. The median year that a house in Madison was built is 1962, which is older than the median year for a house built in the state which is 1986 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 622 Owner Occupied Houses in Madison, NC, #431Madison, NC | 108,300 USD |
North Carolina | 153,600 USD |
U.S. | 175,700 USD |
Madison, NC | 31.59% |
North Carolina | 41.83% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Madison, NC | North Carolina | U.S. | |
Total Housing Units | 1,104, see rank, 100% | 4,385,668 | 132,741,033 |
Occupied Housing Units | 941, 85.24%, see rank | 85.34% | 87.55% |
Owner Occupied | 622, 56.34%, see rank | 56.13% | 56.34% |
Renter Occupied | 319, 28.89%, see rank | 29.20% | 31.21% |
Vacant Housing Units | 163, 14.76%, see rank | 14.66% | 12.45% |
For Rent | 86, 7.79%, see rank | 2.65% | 2.34% |
For Sale Only | 13, 1.18%, see rank | 1.41% | 1.20% |
Rented or Sold, Not Occupied | 19, 1.72%, see rank | 0.78% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 12, 1.09%, see rank | 4.81% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.03% | 0.03% |
Other Vacant | 33, 2.99%, see rank | 4.98% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #650Madison, NC | North Carolina | U.S. |
1962 | 1986 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Madison, NC | % | North Carolina | U.S. | |
Owner-Occupied Units | 622 | 100% | 2,461,741 | 74,787,460 |
With a Mortgage | 376 | 60.45%, see rank | 66.10% | 65.58% |
Without a Mortgage | 246 | 39.55%, see rank | 33.90% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Madison, NC | 1,128 USD |
North Carolina | 1,272 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Madison, NC | % | North Carolina | U.S. |
$299 or Less | 0 | 0.00%, see rank | 0.29% | 0.20% |
$300 to $499 | 9 | 2.39%, see rank | 2.34% | 1.59% |
$500 to $699 | 39 | 10.37%, see rank | 6.85% | 5.01% |
$700 to $999 | 89 | 23.67%, see rank | 20.33% | 14.32% |
$1,000 to $1,499 | 176 | 46.81%, see rank | 34.42% | 27.90% |
$1,500 to $1,999 | 44 | 11.70%, see rank | 18.69% | 20.35% |
$2,000 to $2,999 | 19 | 5.05%, see rank | 12.57% | 19.52% |
$3,000 or More | 0 | 0.00%, see rank | 4.51% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Madison, NC | 26.20% of the Total Income |
North Carolina | 22.60% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Madison, NC | % | North Carolina | U.S. | |
10% or Less | 4 | 1.06%, see rank | 6.41% | 5.86% |
10% to 20% | 113 | 30.05%, see rank | 34.98% | 31.95% |
20% to 30% | 111 | 29.52%, see rank | 27.06% | 27.64% |
30% to 40% | 61 | 16.22%, see rank | 12.56% | 13.74% |
40% or More | 87 | 23.14%, see rank | 18.39% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Madison, NC | 398 USD |
North Carolina | 373 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Madison, NC | % | North Carolina | U.S. |
$199 or Less | 18 | 7.32%, see rank | 10.23% | 7.76% |
$200 to $299 | 51 | 20.73%, see rank | 21.81% | 14.70% |
$300 to $499 | 119 | 48.37%, see rank | 41.59% | 34.63% |
$500 to $699 | 35 | 14.23%, see rank | 16.79% | 21.16% |
$700 or More | 23 | 9.35%, see rank | 9.58% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Madison, NC | 12.00% of the Total Income |
North Carolina | 11.90% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Madison, NC | % | North Carolina | U.S. | |
10% or Less | 105 | 42.68%, see rank | 41.92% | 40.19% |
10% to 20% | 78 | 31.71%, see rank | 31.16% | 31.47% |
20% to 30% | 31 | 12.60%, see rank | 12.06% | 12.24% |
30% to 40% | 19 | 7.72%, see rank | 5.28% | 5.64% |
40% or More | 13 | 5.28%, see rank | 8.16% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Madison, NC | North Carolina | U.S. | |
Total Housing Units | 1,104, 100% | 4,385,668 | 132,741,033 |
1-unit, Detached | 783, 70.92%, see rank | 65.33% | 61.65% |
1-unit, Attached | 8, 0.72%, see rank | 3.82% | 5.82% |
2 Units | 81, 7.34%, see rank | 2.14% | 3.75% |
3 or 4 Units | 35, 3.17%, see rank | 2.74% | 4.43% |
5 to 9 Units | 37, 3.35%, see rank | 4.44% | 4.78% |
10 or More Units | 123, 11.14%, see rank | 7.98% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 37, 3.35%, see rank | 13.55% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Madison, NC | North Carolina | U.S. | |
Total Housing Units | 1,104, 100% | 4,385,668 | 132,741,033 |
1 Room | 0, 0.00%, see rank | 1.18% | 1.95% |
2 Rooms | 22, 1.99%, see rank | 1.51% | 2.48% |
3 Rooms | 115, 10.42%, see rank | 6.93% | 9.13% |
4 Rooms | 256, 23.19%, see rank | 17.44% | 16.60% |
5 Rooms | 285, 25.82%, see rank | 23.63% | 20.41% |
6 Rooms | 160, 14.49%, see rank | 18.81% | 18.06% |
7 Rooms | 127, 11.50%, see rank | 12.36% | 12.27% |
8 Rooms | 52, 4.71%, see rank | 8.08% | 8.48% |
9 Rooms or More | 87, 7.88%, see rank | 10.08% | 10.60% |
Median Rooms | 5.10, see rank | 5.50 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Madison, NC | North Carolina | U.S. | |
Total Housing Units | 1,104, 100% | 4,385,668 | 132,741,033 |
No Bedroom | 0, 0.00%, see rank | 1.26% | 2.17% |
1 Bedroom | 106, 9.60%, see rank | 6.61% | 11.16% |
2 Bedrooms | 457, 41.39%, see rank | 26.47% | 26.69% |
3 Bedrooms | 373, 33.79%, see rank | 47.54% | 39.70% |
4 Bedrooms | 155, 14.04%, see rank | 14.55% | 16.05% |
5 or More Bedrooms | 13, 1.18%, see rank | 3.57% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Madison, NC | North Carolina | U.S. | |
Total Housing Units | 941, 100% | 3,742,514 | 116,211,092 |
Utility Gas | 384, 40.81%, see rank | 24.68% | 48.85% |
Bottled, Tank, or LP Gas | 25, 2.66%, see rank | 8.00% | 4.86% |
Electricity | 490, 52.07%, see rank | 60.27% | 36.68% |
Fuel Oil, Kerosene, etc. | 24, 2.55%, see rank | 4.34% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.01% | 0.12% |
Wood | 18, 1.91%, see rank | 2.17% | 2.12% |
Solar Energy | 0, 0.00%, see rank | 0.03% | 0.05% |
Other Fuel | 0, 0.00%, see rank | 0.15% | 0.47% |
No Fuel Used | 0, 0.00%, see rank | 0.35% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Madison, NC | North Carolina | U.S. |
Occupied Units Paying Rent | 314, 100% | 1,186,631 | 39,201,928 |
$199 or Less | 5, 1.59%, see rank | 1.77% | 1.50% |
$200 to $299 | 52, 16.56%, see rank | 3.01% | 3.18% |
$300 to $499 | 30, 9.55%, see rank | 9.02% | 7.37% |
$500 to $699 | 110, 35.03%, see rank | 23.78% | 16.01% |
$700 to $999 | 107, 34.08%, see rank | 35.90% | 29.17% |
$1,000 to $1,499 | 10, 3.18%, see rank | 21.06% | 26.88% |
$1,500 to $1,999 | 0, 0.00%, see rank | 3.82% | 9.79% |
$2,000 or More | 0, 0.00%, see rank | 1.64% | 6.10% |
Median | $578, see rank | $790 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Madison, NC | North Carolina | U.S. | |
Occupied Housing Units | 941, 100% | 3,742,514 | 116,211,092 |
No Vehicles Available | 80, 8.50%, see rank | 6.54% | 9.12% |
1 Vehicles Available | 341, 36.24%, see rank | 32.77% | 33.80% |
2 Vehicles Available | 343, 36.45%, see rank | 38.61% | 37.48% |
3 or More Vehicles Available | 177, 18.81%, see rank | 22.08% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.