Median home value: $960K (+6.4% YoY). Rent: $2,751/mo. Price-to-rent: 29.1x. Part of New York-Newark-Jersey City, NY-NJ-PA.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, New York-Newark-Jersey City, NY-NJ-PA metro page.
Home Value$959,928
+6.4%
Rent$2,751/mo
AFFORDABILITYRenting $3,946/mo cheaper ($2,751 rent)6.00% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Enter your income for Madison.
$191,986 on $959,928
Out of reach — 107.2% of income
Need $287,014/yr to afford.
PITI$6,697
P/I107.2%
Afford$251K
Gap-$709K
P&I $4,604Tax $1,976Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing