Home prices
The median home price in Madisonville is $83,600. This is about $8,280 (9%) lower in comparison to the surrounding areas.Compared to the United States as a whole it is about $133,900 (61%) lower, and it is approximately $88,200 (51%) lower in comparison to the city of Houston.
Rents
In Madisonville the median monthly rent is $728. It is about $14 (1%) lower compared to nearby areas.In comparison to the rest of the nation it is about $334 (31%) lower, and in comparison to the city of Houston it is about $313 (30%) lower.
Nearby places
Midway
Midway is approximately 9 miles northeast of Madisonville. Its housing prices are a little more expensive. Midway's median home cost is $100,700, which comes out to $17,100 (16%) higher than Madisonville. Rents there are a bit more expensive. Midway's median rent is $971 per month, which comes out to $243 (25%) higher than Madisonville.
Normangee
Normangee is about 12 miles northwest from Madisonville. Real estate prices there are a little less expensive. The median home cost in Normangee is $78,100, which comes out to $5,500 (7%) lower than Madisonville. The rent there is somewhat less expensive. Normangee's median monthly rent is $613, which comes out to $115 (18%) lower than Madisonville.
Bedias
Bedias is roughly 13 miles south of Madisonville. The real estate prices there are fairly similar. The median home value in Bedias is $82,700, which works out to $900 (1%) lower than Madisonville. Its rents are a little more expensive. Bedias's median rent is $786 per month, which works out to $58 (7%) higher than Madisonville.
Leona
Leona is about 15 miles north from Madisonville. The real estate prices there are somewhat more expensive. The median home in Leona costs $112,500, which is $28,900 (25%) higher than Madisonville. Its rents are a bit less expensive. The median monthly rent in Leona is $646, which works out to $82 (12%) lower than Madisonville.
Iola
Iola is roughly 16 miles southwest from Madisonville. Its housing prices are fairly similar. The median home in Iola is valued at $85,400, which is $1,800 (2%) higher than Madisonville. Rents there are a little less expensive. Iola's median monthly rent is $692, which comes out to $36 (5%) lower than Madisonville.