Home prices
Madison's median home value is $89,800. It is approximately $15,200 (14%) lower compared to its nearby areas.In comparison to the rest of the nation it is approximately $127,700 (58%) lower, and in comparison to the city of Lincoln is roughly $80,000 (47%) lower.
Rents
The median rent in Madison is $676 a month. Compared to other places in this area it is roughly $56 (9%) higher.It is about $386 (36%) lower compared to the United States as a whole, and compared to the city of Lincoln is roughly $176 (20%) lower.
Nearby places
Creston
Creston is about 8 miles southeast from Madison. Its housing prices are significantly less expensive. The cost of the median home in Creston is $57,500, which comes out to $32,300 (56%) lower than Madison. Rent there is somewhat less expensive. Creston's median rent is $513 per month, which is $163 (31%) lower than Madison.
Humphrey
Humphrey is about 9 miles south of Madison. Housing prices there are significantly more expensive. The median home value in Humphrey is $162,500, which works out to $72,700 (44%) higher than Madison. Rents there are a bit more expensive. The median rent in Humphrey is $790 a month, which works out to $114 (14%) higher than Madison.
Leigh
Leigh is about 12 miles southeast of Madison. The real estate prices there are substantially less expensive. The median home in Leigh costs $59,200, which comes out to $30,600 (51%) lower than Madison. Its rents are pretty similar. In Leigh the median monthly rent is $663, which works out to $13 (1%) lower than Madison.
Battle Creek
Battle Creek is approximately 12 miles northwest of Madison. Real estate prices there are substantially more expensive. The median home in Battle Creek costs $146,400, which is $56,600 (38%) higher than Madison. Rents there are pretty similar. In Battle Creek the median rent is $651 a month, which works out to $25 (3%) lower than Madison.
Stanton
Stanton is about 13 miles northeast of Madison. The real estate prices there are somewhat more expensive. The cost of the median home in Stanton is $99,400, which is $9,600 (9%) higher than Madison. Rent there is substantially less expensive. The median rent in Stanton is $482 a month, which is $194 (40%) lower than Madison.
