Madison Housing Information - Census

IndexMadisonNew JerseyNational
Median home price$681,900$316,400$184,700
Median rent asked$1,559$1,213$949
Avg. people per household2.52.72.6
Owner occupied households70.8%64.1%63.6%
Renter occupied households29.2%35.9%36.4%

Madison Housing Information - Zillow

IndexMadisonNew JerseyNational
Zillow home value index$639,100$304,100$196,500
Year over year appreciation rate2.65%5.19%6.79%
5 year average appreciation rate3.48%2.97%5.28%
10 year average appreciation rate0.38%-1.75%0.01%

Did you know?

  • The median home price in Madison is 269% higher than the national average.
  • The median rent asked in Madison is 64% higher than the national average.
  • The average number of people per household in Madison is 6% lower than the national average.
  • The number of owner occupied households in Madison is 11% higher than the national average.
  • The number of renter occupied households in Madison is 20% lower than the national average.

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Compare Madison, NJ Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Byram Center, NJ50$0100%
Victory Gardens, NJ1,623$171,7007%
Roselle, NJ21,507$204,80011%
East Orange, NJ64,621$209,50013%
Stanhope, NJ3,457$215,00016%
Madison, NJ16,090$681,900269%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Spanish Springs, NV16,091$273,10048%
Siloam Springs, AR16,095$118,70036%
Alamo, CA16,078$1,411,800664%
Washington, IL16,102$172,1007%
Hermitage, PA16,077$134,70027%
Madison, NJ16,090$681,900269%
Source: The Madison, NJ housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.