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Madison, KS Real Estate


According to census data in the year 2000 there were 416 housing units in Madison. This represents a 3.2% growth from 403 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 416 were located in what is classified as a rural area.

Homeownership rate in Madison is about 73.9%. Madison's vacancy rate, including seasonal lodging, is about 13.5%. Average household size is 2.28 people.

The majority of houses, apartments or condos in Madison were built after 1944.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom7%
Two Bedrooms49.30%
Three Bedrooms28.80%
Four Bedrooms12.30%
Five Bedrooms or more1.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1941
Median Value of occupied units$32,100
Median Price asked for vacant units$12,500

Rented Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1952
Median Monthly Rent asked for vacant units$300

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.70%
Home Equity Loan3.80%
Simple Mortgage31.60%
Debt Free59.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.2%