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Madison Area Real Estate Market Facts

  • $68,600Median home price
    43% lower than Grand Rapids
  • $865Median rent asked
    11% higher than Grand Rapids
  • 41.8%Home owners
    42% lower than Grand Rapids
  • 3.2People per home
    30% higher than Grand Rapids

Madison Area Home Affordability

  • $68,600Median home price
    43% lower than Grand Rapids
  • $27,666Median home income
    44% lower than Grand Rapids
  • 2.5xHome price to income ratio
    1% higher than Grand Rapids

Madison Area Affordability Calculator

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Madison Area Mortgage Calculator

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Madison Area Demographics

  • 3,359Population
  • 4,507People / sq mile
  • 28.8Median age
  • 1.0:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Wyoming, MI73,434$98,90044%
Sparta, MI4,199$104,20041%
Cutlerville, MI14,533$115,10034%
Coopersville, MI4,309$116,40034%
Comstock Park, MI10,407$121,20031%
Grand Rapids, MI190,739$107,80039%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Salt Lake City, UT189,267$235,20034%
Sunrise Manor, NV187,647$98,20044%
Amarillo, TX194,930$114,80035%
Mobile, AL194,942$123,60030%
Glendale, CA195,380$598,600241%
Grand Rapids, MI190,739$107,80039%
Source: The Madison Area, Grand Rapids, MI housing data displayed above is derived from the United States Census Bureau.