Madison, MO Real Estate

According to census data in the year 2000 there were 293 housing units in Madison. This represents a 5.4% growth from 278 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 293 were located in what is classified as a rural area.

Homeownership rate in Madison is about 82%. Madison's vacancy rate, including seasonal lodging, is about 13%. Average household size is 2.22 people.

The majority of houses, apartments or condos in Madison were built after 1961.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom10.60%
Two Bedrooms45.10%
Three Bedrooms37.20%
Four Bedrooms5.10%
Five Bedrooms or more2%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1964
Median Value of occupied units$41,600
Median Price asked for vacant units$52,500

Rented Homes, Apartments and Condos

Average Household Size2.17
Median year structure was built1939
Median Monthly Rent asked for vacant units$263

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.90%
Home Equity Loan3.20%
Simple Mortgage43.20%
Debt Free51.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs13.8%