Madison Heights, VA

Seller's market+7.3% YoY

Housing market overview · Updated weekly

$251,950median sale price

Homes sold

8

Last 12 weeks

Days on market

23

Average pace

Active listings

17

2.1 months supply

Sale-to-list

97.8%

Below asking

The Madison Heights housing market is currently classified as a seller's market with a median sale price of $251,950. Prices have risen 7.3% compared to last year, with homes spending an average of 23 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Madison Heights

There are currently 17 homes listed for sale in Madison Heights, Virginia. The median listing price is $242K.

Active listings

17

Homes on market

Median list price

$242K

Avg. days on market

23

Days until sale

New this week

7

Newly listed

Price drops:35.3%of listings
Sale-to-list:97.8%

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Frequently asked questions

What is the average home price in Madison Heights?

The median home sale price in Madison Heights is $251,950, up 7.3% from last year.

How long do homes stay on market in Madison Heights?

Homes typically spend 23 days on market before going under contract.

Is Madison Heights a buyer's or seller's market?

With 2.1 months of supply, Madison Heights is currently a seller's market.

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