Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Madison Park area can be challenging. Home prices in Madison Park are now at a median cost of $351,196, higher than the Charlotte average of $273,615.
The average cost of rent is $1,701/mo in Madison Park, primarily driven by the current value of real estate in the Madison Park area. While nearly 11.01% of residents own their homes outright in Madison Park, 35.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in Madison Park is $7,711 per month. Households that rent pay about 22.06% of their income on rent here. Madison Park's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Closeburn-Glenkirk, Charlotte, NC: equally priced homes
- Collingwood, Charlotte, NC: higher priced homes
- Ashbrook-Clawson Village, Charlotte, NC: equally priced homes
- Barclay Downs, Charlotte, NC: higher priced homes
- Starmount, Charlotte, NC: less expensive homes
- Myers Park, Charlotte, NC: higher priced homes
- Sedgefield, Charlotte, NC: higher priced homes
- Montclaire South, Charlotte, NC: less expensive homes
- Quail Hollow, Charlotte, NC: equally priced homes
- Beverly Woods, Charlotte, NC: higher priced homes
Neighborhoods with Similar Populations
- East Dedham, Dedham, MA: higher priced homes
- University Hills, Austin, TX: equally priced homes
- Traditions, Aurora, CO: higher priced homes
- The Crossing, Las Vegas, NV: higher priced homes
- Fernside, Alameda, CA: higher priced homes
- Euclid-Green, Cleveland, OH: less expensive homes
- Eastmoreland, Portland, OR: higher priced homes
- East Valley, San Bernardino, CA: less expensive homes
- East Phillips, Minneapolis, MN: less expensive homes
- Urbanizacion Caparra Terrace, San Juan, PR: less expensive homes
All Local Stats
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