Madera, CA home prices
Typical home $421,924 · +1.7% in a year · income needed $116,900
The Madera, CA metro area ranks 127 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +1.7% in a year and +18.7% over five years. With 20% down at 7.11%, the typical home costs about $2,728 a month including 0.7% property tax (Madera County rate).
Mortgage on the typical Madera home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $84,385 | $337,539 | $2,271 | $0 | $457 | $2,728 | $116,900 |
| 10% down | $42,192 | $379,731 | $2,554 | $158 | $457 | $3,170 | $135,900 |
| 5% down | $21,096 | $400,828 | $2,696 | $167 | $457 | $3,321 | $142,300 |
| 3.5% down (FHA) | $14,767 | $414,282 | $2,787 | $187 | $457 | $3,431 | $147,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.7% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Madera area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Madera County, CA | $421,927 | +1.7% | 0.7% |
What can you afford in California on your salary? · California home prices · Salaries in California
Frequently asked questions
How much is a house in Madera?
The typical home in the Madera, CA metro area is worth $421,924 (Zillow, September 2026).
What salary do you need to buy a house in Madera?
About $116,900 a year for the typical home with 20% down at 7.11%.