Madison Area
Solid value in a growing area
Median $208K·Walkability 5.4/10·Schools 3.9/10
What surprises people most? This stretch sits just two miles east of downtown, yet it doesn't feel like you're living in the city—it's got actual breathing room, tree-lined streets, and homes with character. The whole vibe hinges on Wealthy Street, where local spots like Donkey Taqueria and Speciation Cellars pull neighbors in regularly, and the walkability here is genuinely high enough that you can skip the car for groceries and dinner.
Why people love it here
$208K median
- 54 sales in last 12mo
City MiddleHigh
- High — 3.4 mi away
- Grand Rapids
- 9 rated schools in district
Park-rich area
- 60 parks within 1 mile
- Alexander Park: 3 min walk
- Grandville Trail: 12 min bike
Conventional Mortgage Calculator
Median home price in Madison Area
Estimated Monthly Payment
$1,412/mo
Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.
54 homes sold in Madison Area this year. Thinking of selling?
See what your home is worthBased on 28 rated schools nearby
Range: 1/10 to 8/10
School District: Grand Rapids Public Schools
Nearest Park
Alexander Park
0.0 mi
Parks Nearby
60
within 1 mile
Walkability
Fair
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
bp
+1 more
Tacos El Chavo
+1 more
Gladys' Grille
Sophisticated Gentelmen & ladies Auxiliary club
Alexander Park
Unnamed playground
Fisk Lake
Unnamed beach
Hall Street trail
Hillcrest Dog Park
+1 more
Grandville Trail
Butterworth Park Launch
The Funky Buddha Yoga Hothouse
+1 more
Eastern/Alexander (SB)
+1 more
CVS Pharmacy
Madison Square Library
+1 more
daycare
Wealthy Theater
Crime in Madison Area is reported at the city level, not the neighborhood level. The FBI doesn't publish reliable crime rates for individual neighborhoods, and within any community crime varies street to street. For an accurate, comparable picture, see the jurisdiction-wide figures for Grand Rapids.
Grand Rapids crime & safety stats →To buy a median-priced Madison Area home (around $208,000) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $37k/year in household income to qualify — an estimated monthly payment of $1,383 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,383/mo | $36,892 |
| 10% (+PMI) | $1,593/mo | $42,475 |
| 5% (+PMI) | $1,663/mo | $44,341 |
Estimates use a 6.49% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price, plus estimated insurance and PMI below 20% down. Not a commitment to lend, and not an APR — your actual rate and payment will vary.
Multifamily for sale
Listings
2 buildings
Active / pending
Median Price
$309K
Per building
Price Per Unit
$154K
Median
Who actually lends in Madison Area, and how homes here are financed — from 2024 federal mortgage records.
Loans to buy a home
Most active lenders
Homeowners refinancing an existing mortgage
Most active lenders
Source: 2024 HMDA (CFPB/FFIEC). Neighborhood figures are area-weighted estimates from census-tract data; loan amounts are rounded and all-cash purchases are excluded.
Association and local-government details are compiled from public records, municipal sites, and state registries, and can change. Confirm directly with the association or municipality before relying on them.
Solar potential
~$884/yr in electricity from a typical rooftop solar system
Produces ~6,451 kWh/yr · offsets ~61% of a typical home's use
Municipal / public water
Based on assessor parcel records
Municipal sewer
Based on assessor parcel records
City of Grand Rapids Refuse & Recycling
City-run refuse/recycling cart program for residents.
Consumers Energy Co · ~13.7¢/kWh
Investor-owned utility serving the region.
Confirm by addressDTE Energy
DTE Gas serves much of Grand Rapids natural gas; verify by address.
Confirm by addressServices for Grand Rapids · Source: grandrapidsmi.gov
Utility, solar, and service details for Madison Area are compiled from public records, municipal sites, and NREL / U.S. data.gov, and can change. Electric/gas can vary by address — confirm with the provider before relying on them.
🛒 Grocery(30)
Great Giant Supermarket
Grocery Store
bp
Grocery Store
Fannies Corner
Grocery Store
+27 more within 5 miles
🍕 Restaurants(22)
Tacos El Chavo
Restaurant
New China Carry Out (Order Online Available)
Restaurant
Big Fish Wings & Things
Restaurant
Big 50 & Lil' Jay Bbq
Restaurant
Tasty Fish & Chicken
Restaurant
+17 more within 5 miles
☕ Coffee(16)
+13 more within 5 miles
🍺 Bars(24)
Sophisticated Gentelmen & ladies Auxiliary club
Bar
Arvon Brewing Co. - GR Taproom
Bar
The Winchester
Pub
+21 more within 5 miles
🏫 Schools(29)
Madison Park School
Grand Rapids High School
School
Alexander Elementary School (Closed 2011)
School
South High School
School
+24 more within 5 miles
💪 Gyms(11)
Fitness Center
Fitness Center
8th Day Gym
Fitness Center
+8 more within 5 miles
🌳 Parks(4)
+1 more within 5 miles
🐕 Dog Parks(9)
Hillcrest Dog Park
Dog Park
Downtown Westside Dog Park
Dog Park
Dog Park in Kragt Plat Area
Dog Park
+6 more within 5 miles
🚴 Trails(3)
⛵ Boat Launches(2)
Boat Launch
Boat Launch
🚌 Transit(30)
Transit Stop
Transit Stop
Transit Stop
+27 more within 5 miles
💊 Pharmacies(16)
+13 more within 5 miles
👶 Childcare(4)
Children's Choice Learning Center at Spectrum Health Child Development Center
Childcare Center
Kelloggsville Early Childhood Learning Center
Daycare
My Little Munchkins Childcare Learning Center
Childcare Center
+1 more within 5 miles
🏥 Hospitals(5)
+2 more within 5 miles
📚 Libraries(12)
+9 more within 5 miles
Frequently asked about Madison Area
- What do homes cost in Madison Area?
- The median home value in Madison Area is about $208,000. Individual prices vary by street, size, and condition.
- How active is the Madison Area housing market?
- there are 12 homes for sale in Madison Area right now, and 54 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Madison Area?
- Madison Area is served by Grand Rapids Public Schools. Its highest-rated assigned school is City MiddleHigh (8/10).
- Is Madison Area walkable?
- Madison Area scores 5.4/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
Top contributors in Madison Area
Detailed statistics are being computed for this location. Demographics, home values, schools, flood risk, and more will appear here automatically.