Madera, CA—93638
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Madera, CA
As of Oct '25, the median home price in Madera, CA is $354,000, with a year-over-year change of 2.8%. This indicates that home prices in Madera, CA are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $354,000 | 2.8% |
| Single Family | $354,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $253,000 | 5.0% |
3 Bed | $351,000 | 2.6% |
4 Bed | $394,000 | 2.6% |
| 5 Bed | $435,000 | 2.1% |
% of Housing Stock
Rental Trends — Madera, CA
As of July '25, Rentcast reports the average rent in Madera, CA is $2,000, with a year-over-year rent change of -4.3%. Per bedroom, the median rent as of July '25 in Madera, CA is 1-bedrooms: $1,230, 3-bedrooms: $1,950, 4-bedrooms: $2,830. The most common rental property sizes in Madera, CA are 3-bedroom and 2-bedroom, accounting for 45.0% and 29.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $2,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,250 | $1,230 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,850 | $1,950 |
| 4 Bed Rent | $2,650 | $2,830 |
% of Rental Stock
Property Listings — Madera, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Madera, CA is 62. This is a increase of 34.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $419,000 | -5.0% |
Listing Count | 88 | 18.0% |
| Listings as % of Homes | 0.5% | 18.0% |
Days on Market | 62 | 34.0% |
Demographics — Madera, CA
As of the latest ACS Survey released in 2023, Madera, CA has a population of 51,500, which has increased by 1.2% over the past 5 years. Madera, CA is a popular place for families, as children make up 31.4% of the population. The area has a poorly educated workforce, with 8.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 51,500 | 1.2% |
% Under 18 | 31.4% | -5.1% |
% Seniors | 9.1% | 16.7% |
% WFH | 5.7% | 147.8% |
% w/ College Degree | 8.0% | 11.1% |
As of the latest ACS Survey released in 2023, Madera, CA is a predominantly hispanic area, with 83.1% of the population identifying as hispanic. The hispanic population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in Madera, CA is white, making up 11.2% of the population. Foreign-born residents account for 31.9% of the population in Madera, CA, and this percentage has increased by 3.2% 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 | 11.2% | -3.4% |
% Black | 1.8% | -50.0% |
% Hispanic | 83.1% | 0.8% |
% Asian | 1.8% | 80.0% |
% Foreign Born | 31.9% | 3.2% |
Mortgage and Risk — Madera, CA
According to HUD data as of 2023, there were 412 mortgage originations in Madera, CA, of which 55.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Madera, CA. Investor activity is low, as 3.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 412 |
% Conventional Loans | 55.0% |
% Government Loans | 45.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Madera, CA
Madera, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 593 |
Total Units Section 8 | 401 |
% Rentals under Section 8 | 7.4% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$170 | $1,250 | $1,080 |
| 2 Bedroom | N/A | N/A | $1,400 |
| 3 Bedroom | $110 | $1,850 | $1,960 |
| 4 Bedroom | -$410 | $2,650 | $2,240 |
Affordability — Madera, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $354,000 |
| Median Household Income | $60,000 |