Madera, CA93637

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$396,000
1.7% YoY Growth
Median Household Income
$74,600
42.9% 5-Year Growth
Days on Market
50
5.0% Longer than last year
Home Price Forecast
1.6%
Median Rent
$2,200
22.1% YoY Growth
1-Bed Rent
$1,200
N/A
2-Bed Rent
$1,900
35.5% YoY Growth
3-Bed Rent
$2,200
37.4% YoY Growth

Other Zip Codes in Madera, CA

Property Listings — Madera, CA

As of Oct '25, Realtor.com reports that the median days on market for a home in Madera, CA is 50. This is a increase of 5.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$451,0004.0%
Listing Count
6831.0%
Listings as % of Homes0.4%31.0%
Days on Market
505.0%
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Demographics — Madera, CA

As of the latest ACS Survey released in 2023, Madera, CA has a population of 42,300, which has increased by 7.4% over the past 5 years. Madera, CA is a popular place for families, as children make up 29.1% of the population. The area has a poorly educated workforce, with 13.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
42,3007.4%
% Under 18
29.1%-4.0%
% Seniors
12.2%0.8%
% WFH
8.8%319.0%
% w/ College Degree
13.3%-10.7%
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As of the latest ACS Survey released in 2023, Madera, CA is a predominantly hispanic area, with 74.2% of the population identifying as hispanic. The hispanic population has grown by 10.4% in the last 5 years. The second most common race or ethnicity in Madera, CA is white, making up 17.3% of the population. Foreign-born residents account for 21.9% of the population in Madera, CA, and this percentage has decreased by 6.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
17.3%-32.2%
% Black
3.7%5.7%
% Hispanic
74.2%10.4%
% Asian
2.6%18.2%
% Foreign Born
21.9%-6.0%
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Mortgage and Risk — Madera, CA

According to HUD data as of 2023, there were 387 mortgage originations in Madera, CA, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Madera, CA. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
387
% Conventional Loans
60.0%
% Government Loans
40.0%
% Investor Loans
2.0%
% Second Loans
1.0%
% Cash Out Refinance
16.0%

Loan Activity

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Rentals and Section 8 — Madera, CA

As of 2024, the percent of homes in Madera, CA under the Section 8 program is 5.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Madera, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
345
Total Units Section 8
293
% Rentals under Section 8
5.8%
% Occupied Section 8
82.2%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$70$1,200$1,130
2 Bedroom-$430$1,900$1,470
3 Bedroom-$140$2,200$2,060
4 Bedroom$0$2,350$2,350

Affordability — Madera, CA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.9
Median Home Price$396,000
Median Household Income$74,600

Madera, CA — ZIP Code Boundary Map

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Frequently Asked Questions