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Madison, ME Housing

 
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As of 2010-2014, median price of a house in Madison is $98,400, which is much lower than the state average of $173,600 and is much lower than the national average of $175,700. The Madison median house value has grown by 46.65% since 2000. The growth rate for the price of a house in Madison is lower than the state average rate of 75.89% and is about the same as the national average rate of 46.91%. The median year that a house in Madison was built is 1939, which is older than the median year for a house built in the state which is 1973 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 743 Owner Occupied Houses in Madison, ME, #103
Madison, ME
98,400 USD
Maine
173,600 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #78
Madison, ME
46.65%
Maine
75.89%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Madison, MEMaineU.S.
Total Housing Units1,326, see rank, 100%724,685132,741,033
Occupied Housing Units1,112, 83.86%, see rank76.32%87.55%
Owner Occupied743, 56.03%, see rank54.52%56.34%
Renter Occupied369, 27.83%, see rank21.80%31.21%
Vacant Housing Units214, 16.14%, see rank23.68%12.45%
For Rent27, 2.04%, see rank1.71%2.34%
For Sale Only29, 2.19%, see rank1.22%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.50%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank16.66%3.97%
For Migrant Workers0, 0.00%, see rank0.04%0.03%
Other Vacant158, 11.92%, see rank3.55%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #117
Madison, MEMaineU.S.
193919731976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Madison, ME%MaineU.S.
Owner-Occupied Units743100%395,07474,787,460
With a Mortgage46162.05%, see rank63.72%65.58%
Without a Mortgage28237.95%, see rank36.28%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Madison, ME
949 USD
Maine
1,348 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMadison, ME%MaineU.S.
$299 or Less00.00%, see rank0.29%0.20%
$300 to $499245.21%, see rank2.45%1.59%
$500 to $6995211.28%, see rank6.74%5.01%
$700 to $99921646.85%, see rank17.13%14.32%
$1,000 to $1,49916235.14%, see rank32.95%27.90%
$1,500 to $1,99971.52%, see rank21.80%20.35%
$2,000 to $2,99900.00%, see rank14.44%19.52%
$3,000 or More00.00%, see rank4.21%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Madison, ME
23.10% of the Total Income
Maine
23.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Madison, ME%MaineU.S.
10% or Less143.04%, see rank5.71%5.86%
10% to 20%15934.49%, see rank32.42%31.95%
20% to 30%11825.60%, see rank28.26%27.64%
30% to 40%7215.62%, see rank14.00%13.74%
40% or More9821.26%, see rank19.26%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Madison, ME
311 USD
Maine
474 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMadison, ME%MaineU.S.
$199 or Less7626.95%, see rank5.95%7.76%
$200 to $2995519.50%, see rank12.01%14.70%
$300 to $49914551.42%, see rank36.98%34.63%
$500 to $69900.00%, see rank26.02%21.16%
$700 or More62.13%, see rank19.04%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Madison, ME
13.00% of the Total Income
Maine
14.00% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Madison, ME%MaineU.S.
10% or Less9734.40%, see rank33.70%40.19%
10% to 20%14852.48%, see rank33.39%31.47%
20% to 30%00.00%, see rank14.82%12.24%
30% to 40%176.03%, see rank7.18%5.64%
40% or More207.09%, see rank9.99%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Madison, MEMaineU.S.
Total Housing Units1,326, 100%724,685132,741,033
1-unit, Detached812, 61.24%, see rank69.60%61.65%
1-unit, Attached12, 0.90%, see rank2.26%5.82%
2 Units146, 11.01%, see rank5.22%3.75%
3 or 4 Units137, 10.33%, see rank5.53%4.43%
5 to 9 Units116, 8.75%, see rank3.80%4.78%
10 or More Units8, 0.60%, see rank4.71%13.08%
Mobile Home, Boat, RV, Van, etc.95, 7.16%, see rank8.88%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Madison, MEMaineU.S.
Total Housing Units1,326, 100%724,685132,741,033
1 Room9, 0.68%, see rank2.56%1.95%
2 Rooms0, 0.00%, see rank3.57%2.48%
3 Rooms125, 9.43%, see rank9.58%9.13%
4 Rooms300, 22.62%, see rank17.70%16.60%
5 Rooms291, 21.95%, see rank20.22%20.41%
6 Rooms212, 15.99%, see rank17.50%18.06%
7 Rooms201, 15.16%, see rank11.95%12.27%
8 Rooms72, 5.43%, see rank7.74%8.48%
9 Rooms or More116, 8.75%, see rank9.17%10.60%
Median Rooms5.30, see rank5.305.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Madison, MEMaineU.S.
Total Housing Units1,326, 100%724,685132,741,033
No Bedroom9, 0.68%, see rank2.71%2.17%
1 Bedroom159, 11.99%, see rank12.05%11.16%
2 Bedrooms449, 33.86%, see rank30.61%26.69%
3 Bedrooms425, 32.05%, see rank37.77%39.70%
4 Bedrooms284, 21.42%, see rank13.08%16.05%
5 or More Bedrooms0, 0.00%, see rank3.78%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Madison, MEMaineU.S.
Total Housing Units1,112, 100%553,086116,211,092
Utility Gas0, 0.00%, see rank5.45%48.85%
Bottled, Tank, or LP Gas15, 1.35%, see rank7.75%4.86%
Electricity59, 5.31%, see rank4.79%36.68%
Fuel Oil, Kerosene, etc.946, 85.07%, see rank66.66%5.86%
Coal or Coke0, 0.00%, see rank0.35%0.12%
Wood76, 6.83%, see rank13.20%2.12%
Solar Energy0, 0.00%, see rank0.08%0.05%
Other Fuel16, 1.44%, see rank1.48%0.47%
No Fuel Used0, 0.00%, see rank0.24%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMadison, MEMaineU.S.
Occupied Units Paying Rent329, 100%146,63439,201,928
$199 or Less0, 0.00%, see rank2.51%1.50%
$200 to $2998, 2.43%, see rank6.43%3.18%
$300 to $499112, 34.04%, see rank10.29%7.37%
$500 to $69947, 14.29%, see rank20.96%16.01%
$700 to $999134, 40.73%, see rank33.88%29.17%
$1,000 to $1,49928, 8.51%, see rank20.14%26.88%
$1,500 to $1,9990, 0.00%, see rank4.04%9.79%
$2,000 or More0, 0.00%, see rank1.73%6.10%
Median$695, see rank$772$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Madison, MEMaineU.S.
Occupied Housing Units1,112, 100%553,086116,211,092
No Vehicles Available185, 16.64%, see rank7.52%9.12%
1 Vehicles Available503, 45.23%, see rank34.08%33.80%
2 Vehicles Available280, 25.18%, see rank40.04%37.48%
3 or More Vehicles Available144, 12.95%, see rank18.37%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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