The median home in Madrid, Alabama is valued at $150,076, up 1.0% year over year. Madrid is part of the Dothan, AL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Dothan, AL stress score, crash risk, and 12-month forecast →

Home Value$150,076

+1.0%

AFFORDABILITY

Enter your income for Madrid.

Income (annual)

Down Payment

$30,015 on $150,076

Affordable — 16.2% of income

Under the 28% guideline.

PITI$1,010

P/I16.2%

Afford$260K

Room+$110K

P&I $759Tax $51Ins $200

6.50% 30yr, 20% down, county tax + AL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Alabama

Compare Madrid with other housing markets across Alabama.

Mountain Brook$985K Orange Beach$665K Equality$637K Jacksons Gap$591K Indian Springs Village$569K Vestavia Hills$539K Homewood$533K Dadeville$508K

Full Dothan, AL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Dothan, AL metro.

View Dothan, AL metro →

MADRID, AL