USA.com / West Virginia / Boone County / Madison, WV / Housing

Madison, WV Housing

Basic InfoPopulation/RacesIncome/CareersHousingEducationOthers

Hot Rankings

Fastest / Slowest Growing Cities Nearby

Best / Worst Cities by Crime Rate Nearby

Richest / Poorest Cities by Income Nearby

Expensive / Cheapest Homes Nearby

Most / Least Educated Cities Nearby

Fastest / Slowest Growing Cities in WV

High / Low WV Cities by Males Employed

High / Low WV Cities by Females Employed

Best / Worst Cities by Crime Rate in WV

Richest / Poorest Cities by Income in WV

Expensive / Cheapest Homes by City in WV

Most / Least Educated Cities in WV

As of 2010-2014, median price of a house in Madison is $114,100, which is higher than the state average of $100,200 and is lower than the national average of $175,700. The Madison median house value has grown by 30.25% since 2000. The growth rate for the price of a house in Madison is lower than the state average rate of 37.64% and is lower than the national average rate of 46.91%. The median year that a house in Madison was built is 1973, which is about the same as 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 Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 841 Owner Occupied Houses in Madison, WV, #77

Madison, WV	114,100 USD
West Virginia	100,200 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #180

Madison, WV	30.25%
West Virginia	37.64%
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, WV	West Virginia	U.S.
Total Housing Units	1,405, see rank, 100%	883,197	132,741,033
Occupied Housing Units	1,224, 87.12%, see rank	84.05%	87.55%
Owner Occupied	841, 59.86%, see rank	61.32%	56.34%
Renter Occupied	383, 27.26%, see rank	22.73%	31.21%
Vacant Housing Units	181, 12.88%, see rank	15.95%	12.45%
For Rent	145, 10.32%, see rank	1.96%	2.34%
For Sale Only	7, 0.50%, see rank	1.25%	1.20%
Rented or Sold, Not Occupied	29, 2.06%, see rank	1.23%	0.92%
For Seasonal, Recreational, or Occasional Use	0, 0.00%, see rank	5.10%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.03%	0.03%
Other Vacant	0, 0.00%, see rank	6.38%	4.00%

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

Year Structure Built

Median Built Year, #104

Madison, WV	West Virginia	U.S.
1973	1973	1976

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, WV	%	West Virginia	U.S.
Owner-Occupied Units	841	100%	541,607	74,787,460
With a Mortgage	500	59.45%, see rank	48.57%	65.58%
Without a Mortgage	341	40.55%, see rank	51.43%	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, WV	1,096 USD
West Virginia	971 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Madison, WV	%	West Virginia	U.S.
$299 or Less	3	0.60%, see rank	0.59%	0.20%
$300 to $499	24	4.80%, see rank	5.60%	1.59%
$500 to $699	29	5.80%, see rank	16.18%	5.01%
$700 to $999	162	32.40%, see rank	30.40%	14.32%
$1,000 to $1,499	181	36.20%, see rank	28.83%	27.90%
$1,500 to $1,999	44	8.80%, see rank	10.91%	20.35%
$2,000 to $2,999	57	11.40%, see rank	6.04%	19.52%
$3,000 or More	0	0.00%, see rank	1.46%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Madison, WV	23.20% of the Total Income
West Virginia	19.40% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Madison, WV	%	West Virginia	U.S.
10% or Less	50	10.00%, see rank	10.72%	5.86%
10% to 20%	156	31.20%, see rank	41.26%	31.95%
20% to 30%	126	25.20%, see rank	23.52%	27.64%
30% to 40%	87	17.40%, see rank	10.28%	13.74%
40% or More	81	16.20%, see rank	13.74%	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, WV	378 USD
West Virginia	292 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Madison, WV	%	West Virginia	U.S.
$199 or Less	25	7.33%, see rank	21.89%	7.76%
$200 to $299	86	25.22%, see rank	30.80%	14.70%
$300 to $499	137	40.18%, see rank	36.51%	34.63%
$500 to $699	93	27.27%, see rank	8.05%	21.16%
$700 to $999	0	0.00%, see rank	0.00%	0.00%
$1,000 or More	0	0.00%, see rank	0.00%	0.00%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Madison, WV	10.00% of the Total Income
West Virginia	10.00% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Madison, WV	%	West Virginia	U.S.
10% or Less	176	51.61%, see rank	51.65%	40.19%
10% to 20%	109	31.96%, see rank	28.82%	31.47%
20% to 30%	51	14.96%, see rank	9.71%	12.24%
30% to 40%	0	0.00%, see rank	3.57%	5.64%
40% or More	5	1.47%, see rank	5.00%	9.16%

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

Units in Structure

	Madison, WV	West Virginia	U.S.
Total Housing Units	1,405, 100%	883,197	132,741,033
1-unit, Detached	945, 67.26%, see rank	70.53%	61.65%
1-unit, Attached	30, 2.14%, see rank	2.00%	5.82%
2 Units	52, 3.70%, see rank	2.18%	3.75%
3 or 4 Units	68, 4.84%, see rank	2.80%	4.43%
5 to 9 Units	0, 0.00%, see rank	2.95%	4.78%
10 or More Units	14, 1.00%, see rank	4.17%	13.08%
Mobile Home, Boat, RV, Van, etc.	296, 21.07%, see rank	15.37%	6.49%

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

Rooms

	Madison, WV	West Virginia	U.S.
Total Housing Units	1,405, 100%	883,197	132,741,033
1 Room	0, 0.00%, see rank	1.48%	1.95%
2 Rooms	0, 0.00%, see rank	1.41%	2.48%
3 Rooms	124, 8.83%, see rank	5.59%	9.13%
4 Rooms	162, 11.53%, see rank	15.81%	16.60%
5 Rooms	200, 14.23%, see rank	22.26%	20.41%
6 Rooms	374, 26.62%, see rank	20.46%	18.06%
7 Rooms	246, 17.51%, see rank	13.94%	12.27%
8 Rooms	139, 9.89%, see rank	9.00%	8.48%
9 Rooms or More	160, 11.39%, see rank	10.07%	10.60%
Median Rooms	6.10, see rank	5.70	5.50

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

Bedrooms

	Madison, WV	West Virginia	U.S.
Total Housing Units	1,405, 100%	883,197	132,741,033
No Bedroom	0, 0.00%, see rank	1.59%	2.17%
1 Bedroom	54, 3.84%, see rank	7.38%	11.16%
2 Bedrooms	425, 30.25%, see rank	28.65%	26.69%
3 Bedrooms	730, 51.96%, see rank	46.46%	39.70%
4 Bedrooms	129, 9.18%, see rank	12.87%	16.05%
5 or More Bedrooms	67, 4.77%, see rank	3.04%	4.22%

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

House Heating Fuel

	Madison, WV	West Virginia	U.S.
Total Housing Units	1,224, 100%	742,359	116,211,092
Utility Gas	747, 61.03%, see rank	41.48%	48.85%
Bottled, Tank, or LP Gas	0, 0.00%, see rank	4.38%	4.86%
Electricity	477, 38.97%, see rank	42.94%	36.68%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	3.16%	5.86%
Coal or Coke	0, 0.00%, see rank	0.66%	0.12%
Wood	0, 0.00%, see rank	6.53%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	0, 0.00%, see rank	0.63%	0.47%
No Fuel Used	0, 0.00%, see rank	0.19%	1.00%

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

Gross Rent

Monthly Rental	Madison, WV	West Virginia	U.S.
Occupied Units Paying Rent	330, 100%	168,111	39,201,928
$199 or Less	0, 0.00%, see rank	3.21%	1.50%
$200 to $299	0, 0.00%, see rank	6.58%	3.18%
$300 to $499	42, 12.73%, see rank	18.98%	7.37%
$500 to $699	111, 33.64%, see rank	32.07%	16.01%
$700 to $999	95, 28.79%, see rank	27.23%	29.17%
$1,000 to $1,499	82, 24.85%, see rank	9.95%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	1.35%	9.79%
$2,000 or More	0, 0.00%, see rank	0.62%	6.10%
Median	$735, see rank	$630	$920

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

Vehicle Available

	Madison, WV	West Virginia	U.S.
Occupied Housing Units	1,224, 100%	742,359	116,211,092
No Vehicles Available	119, 9.72%, see rank	8.67%	9.12%
1 Vehicles Available	355, 29.00%, see rank	35.56%	33.80%
2 Vehicles Available	560, 45.75%, see rank	37.42%	37.48%
3 or More Vehicles Available	190, 15.52%, see rank	18.35%	19.61%

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