Home prices
The value of the median home in Madrone is $105,200. This is approximately $40,700 (27%) lower compared to the surrounding areas.It is approximately $112,300 (51%) lower in comparison to the rest of the nation, and it is roughly $93,000 (46%) lower compared to the city of Albuquerque.
Rents
In Madrone the median rent is $779 a month. This is approximately $43 (5%) lower in comparison to other places in this area.In comparison to the rest of the country it is roughly $283 (26%) lower, and it is approximately $94 (10%) lower in comparison to the city of Albuquerque.
Nearby places
Jarales
Jarales is roughly 3 miles northwest of Madrone. Housing prices there are a little more expensive. The median home cost in Jarales is $148,000, which works out to $42,800 (28%) higher than Madrone. Its rents are a bit less expensive. In Jarales the median rent is $614 per month, which is $165 (26%) lower than Madrone.
Rio Communities
Rio Communities is approximately 4 miles north from Madrone. Real estate prices there are a little more expensive. The median home in Rio Communities is valued at $140,000, which is $34,800 (24%) higher than Madrone. Rent there is a bit more expensive. Rio Communities's median rent is $968 a month, which is $189 (19%) higher than Madrone.
Sausal
Sausal is approximately 7 miles north from Madrone. Real estate prices there are significantly more expensive. The median home in Sausal costs $172,500, which is $67,300 (39%) higher than Madrone. The rent there is somewhat more expensive. In Sausal the median monthly rent is $916, which comes out to $137 (14%) higher than Madrone.
Belen
Belen is roughly 10 miles north of Madrone. Its real estate prices are similar. Belen's median home cost is $106,500, which comes out to $1,300 (1%) higher than Madrone. Rents there are somewhat less expensive. In Belen the median rent is $731 per month, which works out to $48 (6%) lower than Madrone.
Los Chaves
Los Chaves is about 11 miles north from Madrone. Housing prices there are a lot more expensive. The cost of the median home in Los Chaves is $162,500, which comes out to $57,300 (35%) higher than Madrone. The rent there is a little more expensive. The median rent in Los Chaves is $881 per month, which works out to $102 (11%) higher than Madrone.
