The median home value in Madrid, AL is $126,100. This is lower than the county median home value of $166,100. The national median home value is $338,100. The average price of homes sold in Madrid, AL is $126,100. Approximately 64.23% of Madrid homes are owned, compared to 8.03% rented, while 27.74% 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 278. Madrid is more family-centric than the surrounding county with 31.58% of the households containing married families with children. The county average for households married with children is 25.77%.
The median household income in Madrid, Alabama is $46,250. The median household income for the surrounding county is $50,222 compared to the national median of $69,021. The median age of people living in Madrid is 46.4 years.
The average high temperature in July is 92.4 degrees, with an average low temperature in January of 38.3 degrees. The average rainfall is approximately 56.1 inches per year, with 0 inches of snow per year.