Home prices
Madison's median home cost is $49,100. In comparison to the surrounding areas it is roughly $20,640 (29%) lower.It is about $168,400 (77%) lower in comparison to the nation as a whole, and it is roughly $84,300 (63%) lower compared to the city of Wichita.
Rents
Madison's median monthly rent is $620. In comparison to other places in this area it is roughly $141 (18%) lower.Compared to the nation as a whole it is about $442 (41%) lower, and in comparison to the city of Wichita it is approximately $189 (23%) lower.
Nearby places
Olpe
Olpe is approximately 8 miles north of Madison. Its housing prices are a lot more expensive. The median home in Olpe costs $133,300, which works out to $84,200 (63%) higher than Madison. Rents there are somewhat more expensive. The median monthly rent in Olpe is $904, which is $284 (31%) higher than Madison.
Hamilton
Hamilton is roughly 10 miles south of Madison. Real estate prices there are significantly less expensive. The median home in Hamilton costs $27,000, which comes out to $22,100 (81%) lower than Madison. The rent there is a little more expensive. In Hamilton the median monthly rent is $725, which is $105 (14%) higher than Madison.
Gridley
Gridley is about 12 miles east from Madison. Its housing prices are somewhat more expensive. The cost of the median home in Gridley is $70,000, which is $20,900 (29%) higher than Madison. Rents there are a bit more expensive. In Gridley the median monthly rent is $764, which comes out to $144 (18%) higher than Madison.
Hartford
Hartford is approximately 14 miles northeast from Madison. Its real estate prices are somewhat more expensive. The median home in Hartford costs $62,300, which comes out to $13,200 (21%) higher than Madison. Rent there is a bit more expensive. In Hartford the median monthly rent is $700, which works out to $80 (11%) higher than Madison.
Neosho Rapids
Neosho Rapids is roughly 17 miles northeast from Madison. Housing prices there are somewhat more expensive. Neosho Rapids's median home value is $56,100, which is $7,000 (12%) higher than Madison. The rent there is a little more expensive. The median rent in Neosho Rapids is $713 a month, which is $93 (13%) higher than Madison.