Friday, November 10, 2006

Housing Report for Madison County, Nebraska

In Madison County, the real estate market was made up of 14,909 housing units in the year 2005. This represents a growth in housing units, adding in all 389 homes since 2001, or 2.7 percent.

Madison County had a median home value in the year 2000 of $80,100, reported by the Decennial Census. This is less than the Nebraska 2000 home median value of $88,000 and less than home value of $119,600 across the nation during that year.

When compared to other counties in Nebraska, Madison County is positioned 15 of 93 in terms of percentage growth in new housing structures. The county ranks 1,517 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

There seems to be a large amount of housing that is affordable in Madison County, Nebraska. In 2000, 82.8 percent of the homes were valued under $125,000.





Data Source: U.S. Census Bureau

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