Madison, WV Real Estate

According to census data in the year 2000 there were 1,327 housing units in Madison. This represents a 1.1% decline from 1,342 in 1990.

Of those housing units, 1,051 were located in either urbanized areas or urban clusters, and 276 were located in what is classified as a rural area.

Homeownership rate in Madison is about 72.7%. Madison's vacancy rate, including seasonal lodging, is about 10.8%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Madison were built after 1960.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom6.30%
Two Bedrooms36.50%
Three Bedrooms40%
Four Bedrooms13.50%
Five Bedrooms or more3.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1962
Median Value of occupied units$87,600
Median Price asked for vacant units$82,500

Rented Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1957
Median Monthly Rent asked for vacant units$282

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.70%
Home Equity Loan7.80%
Simple Mortgage44.50%
Debt Free44.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%