Madera, CA Real Estate
According to census data in the year 2000 there were 12,654 housing units in Madera.
This represents a 32.8% growth from 9,530 in 1990.
Of those housing units, 12,642 were located in either urbanized areas or urban clusters, and 12 were located in what is classified as a rural area.
Homeownership rate in Madera is about 52.8%.
Madera's vacancy rate, including seasonal lodging, is about 5%.
Average household size is 3.57 people.
The majority of houses, apartments or condos in Madera were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 7.40% |
| One Bedroom | 14.70% |
| Two Bedrooms | 29.70% |
| Three Bedrooms | 38.20% |
| Four Bedrooms | 9.60% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.51 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $93,600 |
| Median Price asked for vacant units | $115,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.65 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $495 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 9.30% |
| Home Equity Loan | 5.90% |
| Simple Mortgage | 58.80% |
| Debt Free | 25.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22% |
