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Foreclosure Auction Homes in Madera, CA

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Living in Madera, CA

Madera, CA is a charming community located in the Central Valley, known for its friendly atmosphere and vibrant downtown scene. Residents enjoy numerous parks, good schools, and plenty of outdoor activities given its proximity to the Sierra Nevada mountains. With convenient transportation options, Madera offers a perfect blend of small-town living and access to larger urban areas.

Current Market Conditions in Madera, CA

Madera's real estate market is steadily growing, driven by an influx of buyers looking for affordable housing options in California. The median home prices in Madera are generally lower than nearby cities like Fresno, attracting many first-time homebuyers. As a result, many homes are seeing competitive bidding, leading to increased prices over the last year.

There is a strong demand for homes in Madera, particularly for single-family residences. The market has seen an increase in new construction, reflecting the growing interest in the area. Multiple offers on properties have become common, indicating that the competitive nature of the market is expected to continue.

Home Value Estimator For Madera, CA

There are currently 23,603 real estate properties in Madera, CA, with a median automated valuation model (AVM) price of $379,250.00. 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 $394,153.00, with the most expensive house in Madera, CA, topping out at $9,657,514.00 and the cheapest home in Madera, CA, clocking in at $50,230.00. 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 $1,351.00. 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.

Madera, CA Foreclosure Auction Homes


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