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Cheap Homes in Madera, CA 93638

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Madera, CA Foreclosures

Current Market Conditions in in Madera, CA As of February 2026?
In the past month, Madera's real estate market has seen a slight uptick in home prices, up about 3% from the previous month. This increase comes as inventory levels remain low, leading to increased buyer interest, especially among first-time homeowners. The average time on the market for listings has decreased, indicating a faster sales cycle as buyers rush to secure properties amidst rising rates. Demand continues to outpace supply, fostering a seller’s market where well-priced homes are attracting multiple offers quickly.
How much do homes sell for in Madera, CA?
The average home price is currently $436,992.
In Madera, CA, how many homes are available?
There are currently 2 active home listings available in Madera.
What’s the average rental cost in Madera, CA?
The average rental price in Madera is $1,350.
What is the most expensive home in Madera?
The most expensive home sold in Madera had a price of $62,606,746.
What is currently the cheapest priced home in Madera, CA?
The cheapest home for sale in Madera is priced at $14,392.

Living in Madera, CA

Madera, California is a thriving city celebrated for its agricultural landscape and friendly community atmosphere. With affordable living, access to outdoor recreational activities, and a variety of local amenities, this Central Valley gem offers something for everyone. Its strategic location provides close proximity to both urban conveniences and stunning natural surroundings.

Buyer vs Seller Market in Madera, CA

Madera's real estate market has shown steady growth over the past year. Home prices are on the rise due to increased demand from buyers looking for affordable options in a family-friendly environment. With new developments and a growing population, Madera is experiencing a revitalization that adds to its appeal as a residential choice.

Interest rates have increased slightly, yet the demand for homes remains strong, leading to competitive bidding in popular neighborhoods. New developments are emerging, indicating an encouraging trend for investors looking for opportunities in this evolving market.

Home Value Estimator For Madera, CA

There are currently 48,478 real estate properties in Madera, CA, with a median automated valuation model (AVM) price of $397,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Madera, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Madera, CA, is $436,992.00, with the most expensive house in Madera, CA, topping out at $62,606,746.00 and the cheapest home in Madera, CA, clocking in at $14,392.00. In other words, there’s something for every potential homebuyer or savvy investor in Madera, CA!

Rent Prices In Madera, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Madera, CA, is on a rollercoaster ride. The average rent price in Madera, CA, is $1,350.00. Indeed, when looking to rent in Madera, CA, you can expect to pay as little as $550.00 or as much as $3,330.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Madera, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Madera, CA 93638


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