Madison, NC Real Estate
According to census data in the year 2000 there were 1,049 housing units in Madison.
This represents a 0.7% growth from 1,042 in 1990.
Of those housing units, 1,005 were located in either urbanized areas or urban clusters, and 44 were located in what is classified as a rural area.
Homeownership rate in Madison is about 63%.
Madison's vacancy rate, including seasonal lodging, is about 8.1%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Madison were built after 1961.
|Housing Units by Size|
|Five Bedrooms or more||3.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.43|
|Median year structure was built||1960|
|Median Value of occupied units||$82,300|
|Median Price asked for vacant units||$67,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.1|
|Median year structure was built||1963|
|Median Monthly Rent asked for vacant units||$389|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.8%|