Madras, OR Real Estate
According to census data in the year 2000 there were 1,927 housing units in Madras.
This represents a 40.2% growth from 1,374 in 1990.
Of those housing units, 1,900 were located in either urbanized areas or urban clusters, and 27 were located in what is classified as a rural area.
Homeownership rate in Madras is about 52.1%.
Madras's vacancy rate, including seasonal lodging, is about 9.1%.
Average household size is 2.81 people.
The majority of houses, apartments or condos in Madras were built after 1978.
|Housing Units by Size|
|Five Bedrooms or more||1.30%|
Owned Homes, Apartments and Condos
|Average Household Size||2.95|
|Median year structure was built||1976|
|Median Value of occupied units||$92,400|
|Median Price asked for vacant units||$212,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.66|
|Median year structure was built||1980|
|Median Monthly Rent asked for vacant units||$547|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||9.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||23%|