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Madison, NE Real Estate


According to census data in the year 2000 there were 808 housing units in Madison. This represents a 1% growth from 800 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 808 were located in what is classified as a rural area.

Homeownership rate in Madison is about 76.2%. Madison's vacancy rate, including seasonal lodging, is about 7.1%. Average household size is 2.93 people.

The majority of houses, apartments or condos in Madison were built after 1947.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom10.50%
Two Bedrooms29.50%
Three Bedrooms35.40%
Four Bedrooms17.30%
Five Bedrooms or more6.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.01
Median year structure was built1945
Median Value of occupied units$53,700
Median Price asked for vacant units$43,900

Rented Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1950
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.90%
Home Equity Loan1.60%
Simple Mortgage47.80%
Debt Free46.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14%