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Madison Center, CT

Full City Profile · Connecticut · Lower Connecticut River Valley Planning Region County

3.8 /5.0
B+ Good
1,818 Population 891/sq mi density
$190,769 Median Income $112,322 per capita
$816,800 Home Value $434,595 Zillow
$2,079 Median Rent 29.5% income on rent
52°F Avg Temperature 275 sunny days/yr
137 Violent Crime/100K 1,990 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$190,769 median income, 1.6% unemployment
A
Affordability
4.3 / 5.0
$816,800 home value, $2,079/mo rent
F
Safety
1.0 / 5.0
137 violent crimes/100K
A+
Education
5.0 / 5.0
70.7% bachelor's degree or higher

Housing Overview

Median Home Value
$816,800
190% above
US avg: $281,900
Median Rent
$2,079/mo
79% above
US avg: $1,163/mo
Homeownership Rate
63.1%
4% below US avg (65.4%)
Total Housing Units
1,086
Median year built: 1971

Home Value by Source

Census Median
$816,800
Zillow (ZHVI)
$434,595
Median Sale Price
$725,000
Median List Price
$1,175,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

63.1%
Owner-Occupied
36.9%
Renter-Occupied
63%
37%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,351/mo
1 Bedroom
$1,590/mo
2 Bedroom
$1,955/mo
3 Bedroom
$2,415/mo
4 Bedroom
$2,824/mo
Census median rent: $2,079/mo

Market Indicators (Redfin)

Median Days on Market
71 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$363
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
29.5%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
63.1%

Complete Housing Data

Home Values

Census Median Value$816,800
Zillow Home Value (ZHVI)$434,595
Median Sale Price$725,000
Median List Price$1,175,000
Price Per Sq Ft$363

Rent

Census Median Rent$2,079
FMR Studio$1,351
FMR 1-Bedroom$1,590
FMR 2-Bedroom$1,955
FMR 3-Bedroom$2,415
FMR 4-Bedroom$2,824

Market

Days on Market71
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold2
Active Inventory7
Price Per Sq Ft$363

Ownership & Stock

Owner-Occupied63.1%
Renter-Occupied36.9%
Homeownership Rate63.1%
Total Housing Units1,086
Median Year Built1971
Rent Burden29.5%