HOUSING COSTS For more information please contact the Madera Association of Realtors at (559) 673-2218
Rentals:
Average monthly rent for 3-bedroom home $1159 (October 2007, Madera Housing Authority)
Average monthly rent for 2-bedroom apartment $797 (October 2007, Madera Housing Authority)
Home Prices
Average purchase price for new 3-bedroom home $272,829 (2007 Madera MLS)
Average purchase price for existing 3-bedroom home (8-11 years old) $ 310,599 (2007 Madera MLS)
As of November 2007, median home price in Madera $243,000.00; -21.61% Year-to-Date change from November 2006. The price statistics are derived from all types of home sales – new and existing, condos and single-family. (California Association of Realtors)
CHAMBER MEMBERS - CONTRACTORS & REAL ESTATE DEVELOPERS