Home

Madison, GA Real Estate


According to census data in the year 2000 there were 1,499 housing units in Madison. This represents a 11.2% growth from 1,348 in 1990.

Of those housing units, 1,296 were located in either urbanized areas or urban clusters, and 203 were located in what is classified as a rural area.

Homeownership rate in Madison is about 67.5%. Madison's vacancy rate, including seasonal lodging, is about 9.9%. Average household size is 2.53 people.

The majority of houses, apartments or condos in Madison were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.70%
Two Bedrooms33%
Three Bedrooms44.30%
Four Bedrooms10.90%
Five Bedrooms or more4.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.8
Median year structure was built1974
Median Value of occupied units$124,100
Median Price asked for vacant units$155,700

Rented Homes, Apartments and Condos

Average Household Size1.98
Median year structure was built1966
Median Monthly Rent asked for vacant units$429

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.60%
Home Equity Loan3.90%
Simple Mortgage58.10%
Debt Free32.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.8%