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301%
Med. Home Val. NAT. AVG.
101%
Rent NAT. AVG.
1%
Owner Occ. NAT. AVG.
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Madison Housing Information

IndexMadisonNew JerseyNational
Median home price$741,300$316,400$184,700
Median rent asked$1,908$1,213$949
Avg. people per household2.52.72.6
Owner occupied households64.5%64.1%63.6%
Renter occupied households35.5%35.9%36.4%
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Housing Quick Facts

  • The median home price in Madison is 301% higher than the national average.
  • The median rent asked in Madison is 101% higher than the national average.
  • The average number of people per household in Madison is 4% lower than the national average.
  • The number of owner occupied households in Madison is 1% higher than the national average.
  • The number of renter occupied households in Madison is 2% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Victory Gardens, NJ1,604$172,8006%
      East Orange, NJ64,650$226,00022%
      Roselle, NJ21,699$230,60025%
      Hopatcong, NJ14,228$240,60030%
      Newark, NJ281,917$254,90038%
      Madison, NJ16,647$741,300301%

      Cities with similar population

       PopulationHome PriceNational Avg.
      McKinleyville, CA16,645$303,60064%
      Ham Lake, MN16,630$325,40076%
      Sikeston, MO16,664$130,40029%
      Truckee, CA16,666$603,900227%
      Waterville, ME16,623$124,20033%
      Madison, NJ16,647$741,300301%
      Source: The Madison, NJ housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).