The median home value in Madrid, NM is $349,500. This is lower than the county median home value of $355,300. The national median home value is $219,700. The average price of homes sold in Madrid, NM is $349,500. Approximately 46.85% of Madrid homes are owned, compared to 45.95% rented, while 7.21% 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, New Mexico has a population of 153. Madrid is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 23.52%.
The median household income in Madrid, New Mexico is $33,393. The median household income for the surrounding county is $57,945 compared to the national median of $57,652. The median age of people living in Madrid is 53.4 years.
The average high temperature in July is 86.7 degrees, with an average low temperature in January of 17.5 degrees. The average rainfall is approximately 15.5 inches per year, with 26.5 inches of snow per year.