Home prices
The price of the median home in Madison is $44,700. It is roughly $18,840 (29%) lower compared to nearby areas.Compared to the United States as a whole it is approximately $172,800 (79%) lower, and it is approximately $94,000 (67%) lower in comparison to the city of St. Louis.
Rents
In Madison the median rent is $738 per month. It is roughly $46 (6%) higher compared to its nearby areas.In comparison to the nation as a whole it is about $324 (30%) lower, and in comparison to the city of St. Louis it is roughly $90 (10%) lower.
Nearby places
Granite City
Granite City is Madison's neighbor to the north. Its real estate prices are a lot more expensive. The median home in Granite City is valued at $83,500, which works out to $38,800 (46%) higher than Madison. Rents there are similar. In Granite City the median rent is $728 per month, which comes out to $10 (1%) lower than Madison.
Venice
Venice is Madison's neighbor to the southwest. Housing prices there are somewhat less expensive. The median home in Venice is valued at $41,900, which comes out to $2,800 (6%) lower than Madison. Rents there are a bit less expensive. The median rent in Venice is $685 a month, which is $53 (7%) lower than Madison.
Brooklyn
Brooklyn is Madison's neighbor to the south. Real estate prices there are a lot less expensive. Brooklyn's median home cost is $33,300, which works out to $11,400 (34%) lower than Madison. The rent there is a lot less expensive. Brooklyn's median rent is $382 per month, which works out to $356 (93%) lower than Madison.
Fairmont City
Fairmont City is Madison's neighbor to the southeast. Its housing prices are somewhat more expensive. The median home in Fairmont City is valued at $63,800, which is $19,100 (29%) higher than Madison. Its rents are a bit more expensive. Fairmont City's median monthly rent is $818, which is $80 (9%) higher than Madison.
Pontoon Beach
Pontoon Beach is Madison's neighbor to the east. Real estate prices there are significantly more expensive. The price of the median home in Pontoon Beach is $95,200, which works out to $50,500 (53%) higher than Madison. Rent there is a little more expensive. The median monthly rent in Pontoon Beach is $849, which works out to $111 (13%) higher than Madison.
