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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

$519,416

AVERAGE PRICE OF 365 HOMES

$2,425,527

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$699,716

AVERAGE PRICE OF 31 NEWLY BUILT HOMES

$514,226

AVERAGE PRICE OF 152 HOMES WITH A POOL

$384,400

AVERAGE PRICE OF 4 DISTRESSED HOMES

$472,680

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $519,416
Avg Bedrooms 2.58 beds
Avg Bathrooms 1.8 baths

Average Price by Bedrooms

1 bedroom $210,000
2 bedrooms $299,041
3 bedrooms $502,678
4 bedrooms $611,478
5 bedrooms $693,263
Madera Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 436 438 450 464 444
Average Price $648,347 $582,510 $589,630 $585,943 $628,163
Avg Price Change +11.30% -1.22% +0.63% -7.21% -0.17%
Median Price $431,965 $438,195 $438,372 $441,610 $445,394
Med Price Change -1.44% -0.04% -0.74% -0.86% -4.34%
Avg Bedrooms 3.02 beds 3.12 beds 3.2 beds 3.31 beds 3.21 beds
Avg Bathrooms 2.11 baths 2.19 baths 2.27 baths 2.38 baths 2.34 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Liberty 204 $483,578 103 days
Total Homes Average Price Avg Days on Site
All Homes 365 $519,416 92 days
Multi-Million Dollar Homes 12 $2,425,527 103 days
Newly Built Homes 31 $699,716 188 days
Homes with a Pool 152 $514,226 73 days
Distressed Homes 4 $384,400 30 days
Reduced Price Homes 5 $472,680 47 days