Land Foreclosures in Madison, NJ

Current Market Conditions in Madison, NJ

The Madison real estate market has shown significant growth over the past year, driven by high demand and low inventory levels. Properties are selling quickly, often above the asking price, which indicates a competitive market.

Homebuyers are increasingly attracted to Madison's desirable amenities, including its top-rated schools and community-oriented events. The demand for single-family homes remains strong, leading to a trend of rising home prices.

Rent Prices In Madison, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Madison, NJ, is on a rollercoaster ride. The average rent price in Madison, NJ, is $3,008.00. Indeed, when looking to rent in Madison, NJ, you can expect to pay as little as $1,340.00 or as much as $7,020.00, with the average rent median estimated to be $2,790.00. The good news is that finding an affordable and desirable property to rent in Madison, NJ -- 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.