June's First-Time Homebuyer Report for Madera County

Madera County is much older than the rest of California, with a median age of 33. It's less affluent than average as well, with a median income of $45,050 per household. Madera, Chowchilla, and Madera Acres are the three largest cities in terms of population. The Madera County market is almost exclusively made up of detached houses, which currently account for 99% of the homes for sale in the area. The best school in the county is Bass Lake Elementary School.

Price Range

Madera County has some of the more affordable homes in the state with a median home value of $123,600 and a current average list price of $327,163. 93636, 93601, and 93601 are the costliest places in the county.

Typical Dwelling

The typical dwelling in Madera County is a three-bedroom detached home worth about $267,188. To purchase a similar home, a buyer with good credit and a $53,438 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,243 monthly payment. The property tax rate is $7.88 per $1,000 of taxable assessed value.

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


Data reported through 6/15/2017

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