04950 Real Estate Market

04950 Market

The median mortgage debt is $55,513.

Additional Statistics for Single Family Homes and Condos in Madison, ME
$83,090
Median Listing Price
164
Median Days on Market
38
Active Listings
Not Available
Distressed Listings
(foreclosures and short sales)
04950 (Madison, ME) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Madison is $84,450. The list prices increased by 3.11% from the previous month.

The price per square foot for listings in this area is $80.

The median sale price in February for single family homes is $109,186. The sale prices increased by 66.06% from the previous month.

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04950 (Madison, ME) Market Inventory Trends

The number of active listings in Madison dropped by 10% from the previous month.

The median number of days active properties have been listed is 139.

The number of sales increased by 100% from the previous month.

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04950 (Madison, ME) Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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