Madison County, New York Housing Data

Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$80,000
$890

Housing Market Overview

Metric Madison County New York Avg US Average
Median Home Price $80,000 $436,407 $242,182
Price Trend (Annual %) -1.7% 6.9% 8.2%
Median Gross Rent $890 $1,576 $1,342
Rent Trend (Annual %) 3.0% 4.5% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Madison County
New York
United States
Year Madison County New York United States
Median Rent Over Time
Madison County
New York
United States
Year Madison County New York United States

Affordability

On average, housing unit costs 1.1 yearly household incomes in Madison County.

Metric Madison County New York Avg US Average
Median Home Price $80,000 $436,407 $242,182
Median Household Income $73,499 $85,191 $78,145
Price-to-Income Ratio 1.1 5.1 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Madison County New York Avg US Average
Homeownership Rate 65.4% 48.7% 58.2%
Rental Rate 18.0% 41.1% 31.3%
Vacancy Rate 16.7% 10.2% 10.6%
Median Tenure (years) 17.0 16.0 14.0
Median Year Moved In 2008 2009 2011

Housing Stock

Metric Madison County New York Avg US Average
Average Household Size 2.42 people 2.51 people 2.54 people
Median Structure Built Year 1965 1960 1978
Median Number of Rooms 5.6 4.5 5.0