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Madisonville, LA Real Estate


According to census data in the year 2000 there were 340 housing units in Madisonville. This represents a 10% growth from 309 in 1990.

Of those housing units, 256 were located in either urbanized areas or urban clusters, and 84 were located in what is classified as a rural area.

Homeownership rate in Madisonville is about 59.9%. Madisonville's vacancy rate, including seasonal lodging, is about 13.5%. Average household size is 2.21 people.

The majority of houses, apartments or condos in Madisonville were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom8.50%
Two Bedrooms42.10%
Three Bedrooms38.50%
Four Bedrooms8.50%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1951
Median Value of occupied units$161,700
Median Price asked for vacant units$156,300

Rented Homes, Apartments and Condos

Average Household Size1.41
Median year structure was built1952
Median Monthly Rent asked for vacant units$575

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.30%
Home Equity Loan2.50%
Simple Mortgage42.90%
Debt Free50.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs12.3%