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
Home Trends in Downtown Madera, CA
On average, homes in Downtown Madera, Madera sell after 19 days on the market compared to the national average of 51 days. The median sale price for homes in Downtown Madera, Madera over the last 12 months is $308,500, up 26% from the median home sale price over the previous 12 months.
Median Sale Price
$308,500
Median Single Family Sale Price
$319,500
Average Price Per Sq Ft
$262
Number of Homes for Sale
4
Last 12 months Home Sales
18
Median List Price
$316,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
26%