$232,000
- 2 Baths
425 Adams St SE, Grand Rapids, MI 49507
Lewis Smalligan Tall Tree Realty and Property Management LLC
Frequently Asked Questions
Is Madison Area a good place to live?
Madison Area is a good place to live. Madison Area is considered fairly walkable and bikeable with some transit options. Madison Area has 1 park for recreational activities.It is fairly dense in population with 12.0 people per acre and a median age of 31. The average household income is $61,152 which is below the national average. College graduates make up 29% of residents. A majority of residents in Madison Area are renters, with 59% of residents renting and 41% of residents owning their home. A local real estate agent serving Madison Area can help you decide if this neighborhood is the right one for you. Learn more on our Madison Area neighborhood guide.
How much do you need to make to afford a house in Madison Area?
The median home price in Madison Area is $219,900. If you put a 20% down payment of $44,000 and had a 30-year fixed mortgage with an interest rate of 6.76%, your estimated principal and interest payment would be $1,140 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $49K a year to afford the median home price in Madison Area. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Madison Area is $61K.
What are the best public schools in Madison Area?
The best public schools that serve Madison Area are:
- Ottawa Hills High School has a C Niche grade, a student teacher ratio of 13:1 and an average review score of 3.2.
- Gerald R. Ford Academic Center has a C Niche grade and a student teacher ratio of 16:1.
- Dickinson Academy has a C- Niche grade and a student teacher ratio of 12:1.
What are the best private schools in Madison Area?
The best private schools that serve Madison Area are:
- Living Stones Academy has an A+ Niche grade, a student teacher ratio of 13:1 and an average review score of 5.0.
- Grand Rapids Christian High School has an A Niche grade, a student teacher ratio of 11:1 and an average review score of 4.3.
- Fusion Global Academy has an A- Niche grade, a student teacher ratio of 6:1 and an average review score of 4.0.
What are the most popular zip codes in Madison Area, Grand Rapids, MI?
What are the most popular neighborhoods near Madison Area, Grand Rapids, MI?
The most popular neighborhoods near Madison Area, Grand Rapids, MI are South East End, Southeast Community Association, Baxter, East Hills and Heritage Hill.
Are home prices dropping in Madison Area?
Yes, home prices in Madison Area are down 1% in the last 12 months.
