Madison, NE—68748
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Madison, NE
As of Oct '25, the median home price in Madison, NE is $208,000, with a year-over-year change of 4.5%. This indicates that home prices in Madison, NE are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $208,000 | 4.6% |
| Single Family | $208,000 | 4.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $153,000 | 5.5% |
3 Bed | $209,000 | 5.6% |
4 Bed | $240,000 | 5.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Madison, NE
Madison, NE lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,350 | $1,350 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Madison, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Madison, NE is 61. This is a decrease of -37.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | -23.0% |
Listing Count | 13 | 16.0% |
| Listings as % of Homes | 0.5% | 16.0% |
Days on Market | 61 | -37.0% |
Demographics — Madison, NE
As of the latest ACS Survey released in 2023, Madison, NE has a population of 2,700, which has decreased by -8.3% over the past 5 years. Madison, NE is a popular place for families, as children make up 29.4% of the population. The area has a poorly educated workforce, with 13.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,700 | -8.3% |
% Under 18 | 29.4% | 9.3% |
% Seniors | 16.9% | 7.0% |
% WFH | 9.6% | 52.4% |
% w/ College Degree | 13.7% | 18.1% |
As of the latest ACS Survey released in 2023, Madison, NE is a predominantly white area, with 47.4% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in Madison, NE is hispanic, making up 45.6% of the population. Foreign-born residents account for 24.2% of the population in Madison, NE, and this percentage has increased by 19.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 47.4% | -7.2% |
% Black | 0.3% | -40.0% |
% Hispanic | 45.6% | -1.9% |
% Asian | 4.8% | 269.2% |
% Foreign Born | 24.2% | 19.2% |
Mortgage and Risk — Madison, NE
According to HUD data as of 2023, there were 43 mortgage originations in Madison, NE, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Madison, NE. Investor activity is low, as 12.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 43 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 12.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Madison, NE
Madison, NE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | -$390 | $1,350 | $960 |
| 3 Bedroom | N/A | N/A | $1,180 |
| 4 Bedroom | N/A | N/A | $1,440 |
Affordability — Madison, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $208,000 |
| Median Household Income | $65,200 |