Why Live in Downtown Madera
Downtown Madera is located about 25 miles north of Fresno. The main street, Yosemite Avenue, dates to the turn of the 20th century when the historic courthouse, library and railroad tracks were previously established. The area boomed in conjunction with the then-budding lumber industry. Today, the community is less agriculturally focused, dedicating most of its landscape to single-family homes and its retail and restaurant district. “Downtown is vibrant with a lot of small local, mostly food places that are well-known and provide great customer service,” says local Realtor Marisela Ramos, who has over three years of experience at Real Broker. The neighborhood’s gridded streets are densely packed with bungalows and minimal traditional homes, many of which are rental properties. Some houses were built from the mid-1910s through the 1940s, and others were erected from the early 1960s to 1990. There were two waves of construction, homes built later were designed to match previous styles. Minimal traditional home prices range from $235,000 to $380,000, whereas bungalows cost between $225,000 and $330,000. “Downtown is mixed because there is some residential with an open option of
Frequently Asked Questions
Is Downtown Madera a good place to live?
Downtown Madera is a good place to live. Downtown Madera is considered fairly walkable and bikeable with some transit options. Downtown Madera has 7 parks for recreational activities. It is somewhat dense in population with 10.6 people per acre and a median age of 30. The average household income is $36,672 which is below the national average. College graduates make up 4.6% of residents. A majority of residents in Downtown Madera are renters, with 78.4% of residents renting and 21.6% of residents owning their home. A
local real estate agent serving Downtown Madera can help you decide if this neighborhood is the right one for you. Learn more on our
Downtown Madera neighborhood guide.
Is Downtown Madera, CA a safe neighborhood?
Downtown Madera, CA is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Downtown Madera?
The median home price in Downtown Madera is $575,000. If you put a 20% down payment of $115,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,980 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $128K a year to afford the median home price in Downtown Madera. The average household income in Downtown Madera is $37K.
What are the best public schools in Downtown Madera?
The best public schools that serve Downtown Madera are:
What are the most popular zip codes in Downtown Madera, Madera, CA?
What are the most popular neighborhoods near Downtown Madera, Madera, CA?
Are home prices dropping in Downtown Madera?
Yes, home prices in Downtown Madera are down 9% in the last 12 months.
Home Trends in Downtown Madera, CA
On average, homes in Downtown Madera, Madera sell after 186 days on the market compared to the national average of 70 days. The median sale price for homes in Downtown Madera, Madera over the last 12 months is $383,500, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$383,500
Median Single Family Sale Price
$694,000
Median Townhouse Sale Price
$575,000
Average Price Per Sq Ft
$220
Number of Homes for Sale
2
Last 12 months Home Sales
23
Median List Price
$575,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%