The median home value in Madrid, AL is $53,300. This is lower than the county median home value of $141,300. The national median home value is $219,700. The average price of homes sold in Madrid, AL is $53,300. Approximately 72.61% of Madrid homes are owned, compared to 12.74% rented, while 14.65% are vacant. Madrid real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Madrid real estate agent to arrange a tour today!
Madrid, Alabama has a population of 370. Madrid is more family-centric than the surrounding county with 39% of the households containing married families with children. The county average for households married with children is 25.54%.
The median household income in Madrid, Alabama is $40,250. The median household income for the surrounding county is $42,803 compared to the national median of $57,652. The median age of people living in Madrid is 37.4 years.
The average high temperature in July is 92.2 degrees, with an average low temperature in January of 38 degrees. The average rainfall is approximately 55.4 inches per year, with 0.1 inches of snow per year.