Madera, CA Home Values & Market Trends

Real estate market trends reflect that there have been 905 transactions over the past year in Madera. The median value for residential home transactions that occurred over the previous year is $390,748.12. The number of current listings in Madera is 49, and the percentage of properties for sale in the city is 49.00%. Madera, CA currently has 81 properties in foreclosure, 6 bank owned properties, 8 properties headed for auction, and 49 properties for sale.

Madera, CA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
93636

$ 624,644

$ 267/sqft

93637

$ 397,250

$ 226/sqft

93638

$ 417,500

$ 248/sqft

Housing Market Summary for Madera, CA

Apr 2023March 2024Change
Median Listing Price$480K$384.3K-19.94%
Median Sold Price$373.7K$384.3K2.83%
Homes For Sale415021.95%
Homes Sold653633-3.06%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Madera, CA

Madera home values range from $48,644 to $1,804,240. The median estimated value of a home in Madera is $390,748.12. The median list price of a home is 525,000, and the total count of properties in the city is 25,670.

Foreclosure
There are 3 zips within Madera, CA; within these zips, the median estimated home value for homes in foreclosure ranges from $848,700 in 93638 to the lowest value of $180,400 in 93638. Foreclosure homes account for 0.00% of properties in Madera, CA with 93638 containing 38 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.26% of all residential properties in Madera, CA with 93638 containing 33 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Madera, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $672,700 in 93636 to the lowest home value of $180,400 in 93638.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Madera, CA ranges from the highest value of $502,000 in 93636 to the lowest value of $348,000 in 93637. Bank owned homes and properties account for 0.02% of properties in Madera, CA. There are 3 zips within Madera, CA; 93637 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    93638 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Madera, CA. Auction homes and other auction properties account for 0.03% of all properties in Madera, CA. There are 3 zips within Madera, CA; of those zips, the median estimated home value for homes going to auction ranges from $583,200 in 93636 to the lowest value of $214,600 in 93636.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.19% of residential properties in Madera, CA with 93636 containing 25 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Madera, CA; homes for sale in those zips, have a range of median values from $1,189,000 in 93636 to the lowest value of $181,678 in 93638.
    Sold Homes
    The median value for recently sold homes ranges from $1,571,378 in 93636 to the lowest price of $84,482 in 93636. There are 3 zips within Madera, CA. 93638 has 278 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.85% of properties in Madera, CA.

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      Guide for Madera, CA

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