A
4%
Med. Home Val. NAT. AVG.
100%
Rent NAT. AVG.
47%
Owner Occ. NAT. AVG.
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Madrid Housing Information

IndexMadridNew MexicoNational
Median home price$191,700$161,600$184,700
Median rent asked$0$792$949
Avg. people per household1.22.72.6
Owner occupied households33.8%67.8%63.6%
Renter occupied households66.2%32.2%36.4%
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Housing Quick Facts

  • The median home price in Madrid is 4% higher than the national average.
  • The median rent asked in Madrid is 100% lower than the national average.
  • The average number of people per household in Madrid is 54% lower than the national average.
  • The number of owner occupied households in Madrid is 47% lower than the national average.
  • The number of renter occupied households in Madrid is 82% higher than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Los Cerrillos, NM90$0100%
      Golden, NM0$0100%
      Santo Domingo Pueblo, NM2,281$123,00033%
      Peña Blanca, NM812$143,90022%
      Cochiti, NM483$178,8003%
      Madrid, NM321$191,7004%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Ralston, OK321$29,50084%
      Creighton, MO321$89,00052%
      Bynum, TX321$60,00068%
      New Douglas, IL321$83,30055%
      Ben Avon Heights, PA321$365,30098%
      Madrid, NM321$191,7004%
      Source: The Madrid, NM housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).