Madison County, VA Home Values & Market Trends

The median home price in Madison County, VA is $321,288.13. There were 152 home sales in Madison County, VA over the past 12 months. The median residential Madison County, VA home value for transactions over the previous year is $259,750. The number of current listings in Madison County, VA is 21, and the percentage of properties for sale is 21.00%. The county has 3 foreclosures, 0 bank owned properties, 3 headed for auction, and 21 properties for sale.

Madison County, VA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Madison

$ 405,814

$ 180/sqft

Oakpark

$ --

$ --

Aroda

$ 342,500

$ 213/sqft

Haywood

$ --

$ --

Reva

$ 512,193

$ 190/sqft

Syria

$ --

$ --

Pratts

$ 298,977

$ 222/sqft

Banco

$ --

$ --

Rochelle

$ 442,000

$ 168/sqft

Leon

$ --

$ --

Locust Dale

$ 415,148

$ 209/sqft

Hood

$ --

$ --

Radiant

$ --

$ --

Brightwood

$ --

$ --

Etlan

$ --

$ --

Housing Market Summary for Madison County, VA

Mar 2023February 2024Change
Median Listing Price$336.7K$293.6K-12.80%
Median Sold Price$352K$293.6K-16.61%
Homes For Sale19205.26%
Homes Sold10493-10.58%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Madison County, VA

Madison County, VA home values range from $40,715 to $2,296,566. Reva is the priciest city with a median listing home price of $525,000, and Aroda is most affordable with average house prices of around $324,950.

Foreclosure
There are 15 cities within Madison County, VA; within these cities, the median estimated home value for homes in foreclosure ranges from $325,000 in Madison to the lowest value of $273,633 in Madison. Foreclosure homes account for 0.00% of properties in Madison County, VA with Aroda containing 1 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Madison County, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 15 cities within Madison County, VA; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Madison County, VA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Madison County, VA. There are 15 cities within Madison County, VA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Aroda has 1 auction properties, the highest number of properties going to auction in a single city in the state of Madison County, VA. Auction homes and other auction properties account for 0.06% of all properties in Madison County, VA. There are 15 cities within Madison County, VA; of those cities, the median estimated home value for homes going to auction ranges from $325,000 in Aroda to the lowest value of $273,633 in Aroda.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.44% of residential properties in Madison County, VA with Madison containing 9 homes for sale, the highest number of listed properties in a single city. There are 15 cities within Madison County, VA; homes for sale in those cities, have a range of median values from $442,000 in Rochelle to the lowest value of $122,169 in Aroda.
    Sold Homes
    The median value for recently sold homes ranges from $427,518 in Hood to the lowest price of $44,618 in Hood. There are 15 cities within Madison County, VA. Madison has 31 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.69% of properties in Madison County, VA.

      Compare Nearby Cities

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      Guide for Madison County, VA

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      Recently Listed Homes Madison County, VA

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