Madison County, NC Home Values & Market Trends
The median home price in Madison County, NC is $393,923.21. There were 327 home sales in Madison County, NC over the past 12 months. The median residential Madison County, NC home value for transactions over the previous year is $300,000. The number of current listings in Madison County, NC is 35, and the percentage of properties for sale is 35.00%. The county has 7 foreclosures, 0 bank owned properties, 4 headed for auction, and 35 properties for sale.
Madison County, NC Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Mars Hill | $ 564,000 $ 255/sqft | Hot Springs | $ 375,000 $ 204/sqft |
| Marshall | $ 542,489 $ 286/sqft |
Housing Market Summary for Madison County, NC
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $449K | $378.2K | -15.77% |
| Median Sold Price | $360K | $378.2K | 5.05% |
| Homes For Sale | 49 | 35 | -28.57% |
| Homes Sold | 265 | 158 | -40.38% |
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, NC
Browse Homes in Madison County, NC
Madison County, NC home values range from $21,726 to $7,502,319. Mars Hill is the priciest city with a median listing home price of $549,000, and Hot Springs is most affordable with average house prices of around $375,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.03% of all residential properties in Madison County, NC with Marshall containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within Madison County, NC; of those cities, the estimated home value for pre-foreclosure homes ranges from $522,339 in Marshall to the lowest home value of $196,819 in Marshall.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Madison County, NC 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, NC. There are 3 cities within Madison County, NC; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMarshall has 3 auction properties, the highest number of properties going to auction in a single city in the state of Madison County, NC. Auction homes and other auction properties account for 0.04% of all properties in Madison County, NC. There are 3 cities within Madison County, NC; of those cities, the median estimated home value for homes going to auction ranges from $319,473 in Mars Hill to the lowest value of $319,473 in Mars Hill.
Compare Nearby Cities
More Real Estate Resources for Madison County, NC
Guide for Madison County, NC
North Carolina Foreclosure Laws
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