Home prices
Madrid's median home value is $107,100. In comparison to its nearby areas this is approximately $22,580 (17%) lower.It is roughly $110,400 (50%) lower compared to the entire nation, and is roughly $26,300 (19%) lower compared to the city of Watertown.
Rents
The median rent in Madrid is $683 per month. In comparison to its nearby areas this is about $102 (13%) lower.Compared to the rest of the nation it is about $379 (35%) lower, and is roughly $123 (15%) lower in comparison to the city of Watertown.
Nearby places
Norwood
Norwood is about 5 miles east of Madrid. Real estate prices there are substantially less expensive. The cost of the median home in Norwood is $79,800, which works out to $27,300 (34%) lower than Madrid. Rent there is fairly similar. Norwood's median monthly rent is $685, which is very similar to Madrid.
Waddington
Waddington is approximately 7 miles north of Madrid. Its housing prices are a little more expensive. The median home in Waddington is valued at $144,500, which is $37,400 (25%) higher than Madrid. Its rents are somewhat more expensive. In Waddington the median monthly rent is $774, which comes out to $91 (11%) higher than Madrid.
Potsdam
Potsdam is approximately 7 miles southeast of Madrid. The housing prices there are a bit more expensive. The median home cost in Potsdam is $113,100, which is $6,000 (5%) higher than Madrid. The rent there is a little more expensive. In Potsdam the median rent is $758 per month, which works out to $75 (9%) higher than Madrid.
Canton
Canton is roughly 9 miles south from Madrid. Housing prices there are significantly more expensive. The median home in Canton is valued at $169,400, which is $62,300 (36%) higher than Madrid. Its rents are a bit more expensive. In Canton the median monthly rent is $819, which comes out to $136 (16%) higher than Madrid.
Hannawa Falls
Hannawa Falls is roughly 11 miles southeast of Madrid. Its housing prices are a little more expensive. The median home cost in Hannawa Falls is $141,600, which works out to $34,500 (24%) higher than Madrid. Rent there is somewhat more expensive. The median rent in Hannawa Falls is $891 per month, which comes out to $208 (23%) higher than Madrid.
