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Madera

Why you'd want to live in Madera

Madera (Spanish for "Wood") is a city and county seat of Madera County, California. As of the 2020 United States census, the city's population was 66,224. The town was laid out by the California Lumber Company in 1876.[10] From 1876 to 1931, a 63-mile (101 km) water flume carried lumber from the mountains to Madera where the lumber was shipped by train. The first post office at Madera opened in 1877. On May 16, 1893, Madera County officially became a county of the state of California and the town incorporated as the City of Madera on March 27, 1907. One of the city's first African Americans to hold an elected office was Rev. Naaman N. Haynes, who was voted in as a Madera Unified School District school board trustee in the 1960s. Landmarks include the historic Madera County Courthouse, the notable Madera water tower, and a fully operational drive-in movie theater. via Wikepedia

Madera madera raceway lumber

Madera Market Report

$594,660

AVERAGE PRICE OF 323 HOMES

$5,784,743

AVERAGE PRICE OF 9 MULTI-MILLION DOLLAR HOMES

$616,400

AVERAGE PRICE OF 33 NEWLY BUILT HOMES

$575,935

AVERAGE PRICE OF 59 HOMES WITH A POOL

$503,328

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

$285,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $594,660
Avg Bedrooms 2.79 beds
Avg Bathrooms 1.89 baths

Average Price by Bedrooms

2 bedrooms $262,626
3 bedrooms $419,798
4 bedrooms $562,402
5 bedrooms $605,840
Madera Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 306 312 241 339 315
Average Price $555,583 $557,141 $556,995 $561,926 $541,993
Avg Price Change -0.28% +0.03% -0.89% +3.68% -6.74%
Median Price $421,190 $429,424 $460,754 $427,002 $429,333
Med Price Change -1.95% -7.30% +7.90% -0.55% -1.59%
Avg Bedrooms 2.79 beds 2.69 beds 2.86 beds 2.91 beds 2.87 beds
Avg Bathrooms 1.89 baths 1.81 baths 2.22 baths 2.07 baths 2.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Liberty 95 $707,049 73 days
Madera 35 $406,692 46 days
Madera South 52 $393,108 67 days
Magnolia 1 $384,990 58 days
Matilda 27 $448,057 70 days
Minarets 33 $671,110 45 days
Total Homes Average Price Avg Days on Site
All Homes 323 $594,660 78 days
Multi-Million Dollar Homes 9 $5,784,743 81 days
Newly Built Homes 33 $616,400 46 days
Homes with a Pool 59 $575,935 73 days
Reduced Price Homes 15 $503,328 46 days
Distressed Homes 1 $285,000 4 days