Madrid, NE Real Estate

According to census data in the year 2000 there were 119 housing units in Madrid. This represents a 11.9% decline from 135 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 119 were located in what is classified as a rural area.

Homeownership rate in Madrid is about 76.7%. Madrid's vacancy rate, including seasonal lodging, is about 13.4%. Average household size is 2.54 people.

The majority of houses, apartments or condos in Madrid were built after 1943.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.20%
Two Bedrooms49.60%
Three Bedrooms30.30%
Four Bedrooms10.90%
Five Bedrooms or more5%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1941
Median Value of occupied units$31,700
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size2.17
Median year structure was built1944
Median Monthly Rent asked for vacant units$135

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.70%
Home Equity Loan0%
Simple Mortgage29.60%
Debt Free66.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs9.9%