Madison, NY—13402
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Madison, NY
As of Oct '25, the median home price in Madison, NY is $211,000, with a year-over-year change of 5.4%. This indicates that home prices in Madison, NY are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $211,000 | 5.4% |
| Single Family | $211,000 | 5.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $213,000 | 2.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Madison, NY
As of July '25, Rentcast reports the average rent in Madison, NY is $985, with a year-over-year rent change of -10.5%. Per bedroom, the median rent as of July '25 in Madison, NY is 2-bedrooms: $985. The most common rental property sizes in Madison, NY are 1-bedroom and 2-bedroom, accounting for 43.6% and 34.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $985 | $985 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $985 | $985 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Madison, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Madison, NY is 11. This is a decrease of -21.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $309,000 | 56.0% |
Listing Count | 2 | -53.0% |
| Listings as % of Homes | 0.3% | -53.0% |
Days on Market | 11 | -21.0% |
Demographics — Madison, NY
As of the latest ACS Survey released in 2023, Madison, NY has a population of 1,300, which has decreased by -27.0% over the past 5 years. Madison, NY is a moderately popular place for families, as children make up 22.4% of the population. The area has a poorly educated workforce, with 18.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,300 | -27.0% |
% Under 18 | 22.4% | 54.5% |
% Seniors | 23.2% | 38.9% |
% WFH | 3.8% | 192.3% |
% w/ College Degree | 18.9% | -16.0% |
As of the latest ACS Survey released in 2023, Madison, NY is a predominantly white area, with 96.0% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Madison, NY is hispanic, making up 0.5% of the population. Foreign-born residents account for 1.8% of the population in Madison, NY, and this percentage has increased by 5.9% 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 | 96.0% | -0.4% |
% Black | 0.2% | 100.0% |
% Hispanic | 0.5% | -61.5% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.8% | 5.9% |
Mortgage and Risk — Madison, NY
Madison, NY lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Madison, NY
Madison, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 8.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,000 |
| 2 Bedroom | $255 | $985 | $1,240 |
| 3 Bedroom | N/A | N/A | $1,510 |
| 4 Bedroom | N/A | N/A | $1,740 |
Affordability — Madison, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $211,000 |
| Median Household Income | $62,200 |