Home prices
The median home value in Madison Center is $583,500. Compared to nearby areas it is approximately $245,480 (72%) higher.It is about $366,000 (168%) higher in comparison to the US as a whole, and compared to the city of New York it is about $22,500 (3%) lower.
Rents
The median monthly rent in Madison Center is $1,286. This is about $65 (4%) lower in comparison to its nearby areas.Compared to the rest of the country it is approximately $224 (21%) higher, and is approximately $157 (10%) lower in comparison to the city of New York.
Nearby places
Clinton
Clinton is about 3 miles east of Madison Center. Real estate prices there are significantly less expensive. Clinton's median home cost is $269,900, which comes out to $313,600 (116%) lower than Madison Center. Rents there are a bit less expensive. In Clinton the median rent is $1,216 a month, which is $70 (5%) lower than Madison Center.
Guilford Center
Guilford Center is roughly 3 miles west from Madison Center. Its housing prices are substantially less expensive. The value of the median home in Guilford Center is $398,900, which comes out to $184,600 (46%) lower than Madison Center. Rents there are pretty similar. Guilford Center's median monthly rent is $1,230, which comes out to $56 (4%) lower than Madison Center.
Westbrook Center
Westbrook Center is approximately 7 miles east from Madison Center. Its housing prices are substantially less expensive. The median home cost in Westbrook Center is $379,800, which comes out to $203,700 (53%) lower than Madison Center. Rent there is a bit less expensive. Westbrook Center's median monthly rent is $1,181, which comes out to $105 (8%) lower than Madison Center.
Saybrook Manor
Saybrook Manor is approximately 8 miles east from Madison Center. The housing prices there are substantially less expensive. The median home value in Saybrook Manor is $384,300, which comes out to $199,200 (51%) lower than Madison Center. Rent there is a little more expensive. The median monthly rent in Saybrook Manor is $1,849, which comes out to $563 (30%) higher than Madison Center.
Branford Center
Branford Center is about 9 miles west of Madison Center. Real estate prices there are a lot less expensive. Branford Center's median home price is $257,200, which works out to $326,300 (126%) lower than Madison Center. Rent there is pretty similar. The median rent in Branford Center is $1,281 a month, which is very similar to Madison Center.
