32340, Madison, FL

Madison, FL is located in the 32340 zip code. The median home value in this zip code is $183,000. This means that the average home value in this zip code is about $101/square foot. Madison has a population of about 20,000 people and the median household income is around $60,000. So it's not too surprising that the average home value here is quite high.

One reason that home values are so high in Madison is because there are a lot of affluent residents here. The city has a lot of expensive homes and condos that are worth a lot of money. Additionally, Madison has a very low unemployment rate which helps to drive up prices.

Another reason why home values are high in Madison is because there isn't much available for sale right now. There aren't many homes being built in this area right now so demand isn't as high as it would be if there were more houses available for sale. This will likely change over time as more homes are built and the market becomes more saturated, but for now it's contributing to higher prices.