Madrid, NY housing market
The typical Madrid home is worth about $165,000, up 6.1% in a year, 69% below the New York typical home.
Home values, sales, trends and how Madrid compares with the towns next door — updated as new data is published.
Madrid at a glance
Only 1 sale in February 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Madrid | New York |
|---|---|---|
| 2017 | $96,000 | $298,000 |
| 2018 | $96,000 | $317,000 |
| 2019 | $101,000 | $337,000 |
| 2020 | $104,000 | $353,000 |
| 2021 | $119,000 | $379,000 |
| 2022 | $133,000 | $417,000 |
| 2023 | $139,000 | $437,000 |
| 2024 | $148,000 | $458,000 |
| 2025 | $152,000 | $489,000 |
| 2026 | $156,000 | $510,000 |
| August 2026 | $165,000 | $527,000 |
Madrid and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Madrid | $165K | +6.1% | — | $64,083 |
| Waddington | $186K | +2.1% | — | $79,688 |
| Potsdam | $193K | +8.9% | — | $53,302 |
| Norfolk | $127K | +0.6% | — | $67,500 |
| Lisbon | $175K | +5.9% | — | $73,963 |
2.6 years of income
The typical Madrid home costs about 2.6 years of the town's median household income, less than across New York (6.1 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, February 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.