January's First-Time Homebuyer Report for Madera Acres

With 9,163 residents, Madera Acres is a larger than average city in California. Also, with a 21.5% increase over the last 10 years, its population is growing faster than other parts of the state. Keep in mind, most people in Madera Acres own their homes, with a 77.4% ownership ratio. The top school in the city is Berenda Elementary School.

Price Range

The median value of homes in Madera Acres is $129,900, making it one of the lower priced areas in California. At the same time, the average list price of available homes is presently $247,301. Over the last 30 days, no deals were completed in the Madera Acres market. Madera Acres is used to having 3.0 sales per month.

Out of all the listings in Madera Acres, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$359K   $320K   $199K  

Typical Dwelling

A three-bedroom detached home valued around $210,414 is considered a typical dwelling in Madera Acres. If a buyer was looking for a similar home, they would need good credit and a $42,083 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $16 and the property tax rate is $7.88 per $1,000 of taxable assessed value.

Get started right now by checking out Madera Acres homes for sale or reviewing Madera Acres real estate trends.


Data reported through 1/12/2017

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Ask a local expert about this area:
Keller Williams Realty
Snapped 8 homes in this area

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