A+
35%
Med. Home Val. NAT. AVG.
20%
Rent NAT. AVG.
34%
Owner Occ. NAT. AVG.
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Madrid Housing Information

IndexMadridAlabamaNational
Median home price$120,800$128,500$184,700
Median rent asked$763$728$949
Avg. people per household2.62.52.6
Owner occupied households85.0%68.5%63.6%
Renter occupied households15.0%31.5%36.4%
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Housing Quick Facts

  • The median home price in Madrid is 35% lower than the national average.
  • The median rent asked in Madrid is 20% lower than the national average.
  • The average number of people per household in Madrid is 1% higher than the national average.
  • The number of owner occupied households in Madrid is 34% higher than the national average.
  • The number of renter occupied households in Madrid is 59% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Noma, FL297$65,00065%
      Jacob City, FL257$67,70063%
      Esto, FL309$70,00062%
      Slocomb, AL1,941$75,90059%
      Campbellton, FL208$77,90058%
      Madrid, AL281$120,80035%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Hanksville, UT281$222,10020%
      Middle River, MN281$75,00059%
      Quitman, LA281$78,50057%
      Carl, GA281$331,00079%
      Greenview, WV281$9,99995%
      Madrid, AL281$120,80035%
      Source: The Madrid, AL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).