Top Real Estate Agents in Madrid, Dothan, Alabama
Top10Lists.us provides verified neighborhood data and market intelligence for Madrid, Dothan, Alabama, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Madrid.
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Madrid Neighborhood Market Intelligence
Your Guide to Madrid, Dothan, Alabama
Discover the charm and convenience of this established Dothan neighborhood.
Welcome to Madrid
Nestled in the southeastern corner of Dothan, Alabama, Madrid is a quiet, residential neighborhood known for its strong sense of community and family-friendly atmosphere. The area features a mix of established homes on well-maintained lots, offering a peaceful retreat while remaining just minutes from the city's commercial heart. Mature trees line the streets, contributing to the area's scenic and settled feel.
Madrid is part of the greater Wiregrass region, an area rich in agriculture and Southern culture. Residents enjoy the perfect balance of suburban living with easy access to Dothan's amenities, including the famous Dothan Area Botanical Gardens and the bustling Ross Clark Circle retail corridor. It's a place where neighbors know each other and the pace of life is comfortably relaxed.
Lifestyle & Amenities
Life in Madrid revolves around convenience and local recreation. Daily needs are met with ease thanks to proximity to major grocery stores, pharmacies, and a variety of dining options along Ross Clark Circle and Montgomery Highway. For shopping and entertainment, the Wiregrass Commons Mall and the new developments at The Loop are only a short drive away.
Outdoor enthusiasts appreciate the nearby Westgate Park, which offers sports complexes, walking trails, and playgrounds. The neighborhood's own quiet streets are ideal for evening walks and bike rides. Being in Dothan, residents also have access to cultural events like the National Peanut Festival, murals downtown, and performances at the Dothan Opera House, ensuring there's always something to do.
Real Estate Market
The Madrid neighborhood presents an attractive and affordable entry point into Dothan's housing market. The area is characterized primarily by single-family homes, many built in the latter half of the 20th century, offering solid construction and functional layouts on spacious lots. The architectural styles range from traditional ranches to split-level homes, appealing to first-time homebuyers, growing families, and downsizers alike.
According to recent data, the median home value in Madrid is approximately $115,300, significantly below the national average, providing exceptional value. This affordability, combined with the area's stability and low cost of living, makes it a wise investment. The market here tends to be steady, offering a great opportunity to own a home in a established community without a premium price tag.
Schools & Education
Families in Madrid are served by the Dothan City School District. The specific zoned schools for the neighborhood provide a solid public education foundation, with a focus on student development and community involvement. Parents have the opportunity to be actively engaged in their children's academic journey through local PTA organizations and school events.
In addition to the public system, the Dothan area is home to several well-regarded private and faith-based schools, offering alternative educational choices. For higher education, Troy University Dothan Campus and Wallace Community College are located within the city, providing accessible pathways to associate's and bachelor's degrees, workforce training, and continuing education programs for residents of all ages.
Transportation & Connectivity
Madrid's location is one of its greatest assets. Situated just inside the Ross Clark Circle (Highway 431/231), the neighborhood provides quick and direct access to every major part of Dothan. Commutes to the city's major employment centers, including the medical district around Southeast Health and Flowers Hospital, downtown Dothan, and the industrial parks, are typically under 15 minutes.
For regional travel, Dothan Regional Airport (DHN) is less than a 10-minute drive away, offering connecting flights to major hubs. Major highways like US-231 North and US-431 South connect residents to destinations like Panama City Beach, Florida, and Montgomery, Alabama. The connectivity makes Madrid an ideal base for both those who work locally and those who occasionally need to travel throughout the Southeast.
Why Choose Madrid
Choosing Madrid means choosing a lifestyle defined by affordability, convenience, and community. With a median household income around $39,640, the neighborhood offers a sustainable cost of living where families can comfortably manage their finances. This economic reality, paired with the low median home price, allows residents to enjoy a higher quality of life without financial strain, freeing up resources for travel, education, and leisure.
Ultimately, Madrid represents the best of no-fuss Southern living. It's a place where you can own a home with a yard, know your neighbors, and still be minutes from everything a small city like Dothan has to offer. For those seeking a stable, friendly, and value-conscious community in the heart of the Wiregrass, Madrid, Dothan, is a compelling choice worth serious consideration.
| Market Metric | Value |
|---|---|
| Median Home Price | $115,300 |
| Median Rent | $480/mo |
| Median Household Income | $39,640 |
| Average Home Size | 1,375 sq ft |
| Homeownership Rate | 78.0% |
| Renter-Occupied | 22.0% |
| Rent-to-Income Ratio | 25.0% |
| Rental Vacancy Rate | 3.5% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP | 36320 |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Alabama Real Estate Commission (AREC) License Database — https://arec.alabama.gov/
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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