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
City | Median Est. Value | City | Median 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 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $336.7K | $293.6K | -12.80% |
Median Sold Price | $352K | $293.6K | -16.61% |
Homes For Sale | 19 | 20 | 5.26% |
Homes Sold | 104 | 93 | -10.58% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Madison County, VA
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- AuctionsAroda 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.
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More Real Estate Resources for Madison County, VA
Guide for Madison County, VA
The Chesapeake real estate market has seen steady growth in property values, increasing by 7% over 11 months.
The property market in Virginia Beach, VA, has generally seen an increase in property values, per square foot values, and sold prices from 2022 to 2023. Factors such as economic growth and societal changes may contribute to this upward trend.
Virginia Foreclosure Laws
Learn how to secure a house mortgage even with a low credit score.