Madison Heights, VA Home Values & Market Trends
Real estate market trends reflect that there have been 241 transactions over the past year in Madison Heights. The median value for residential home transactions that occurred over the previous year is $218,938.17. The number of current listings in Madison Heights is 24, and the percentage of properties for sale in the city is 24.00%. Madison Heights, VA currently has 3 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 24 properties for sale.
Madison Heights, VA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 24572 | $ 312,263 $ 153/sqft |
Housing Market Summary for Madison Heights, VA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $244.5K | $212.6K | -13.05% |
| Median Sold Price | $210.5K | $212.6K | 1.00% |
| Homes For Sale | 10 | 21 | 110.00% |
| Homes Sold | 109 | 126 | 15.60% |
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 Heights, VA
Browse Homes in Madison Heights, VA
Madison Heights home values range from $30,042 to $3,307,627. The median estimated value of a home in Madison Heights is $218,938.17. The median list price of a home is 318,750, and the total count of properties in the city is 6,461.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Madison Heights, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Madison Heights, VA; of that zips, 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 Heights, VA ranges from the highest value of $315,399 in 24572 to the lowest value of $315,399 in 24572. Bank owned homes and properties account for 0.02% of properties in Madison Heights, VA. There is 1 zips within Madison Heights, VA; 24572 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions24572 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Madison Heights, VA. Auction homes and other auction properties account for 0.03% of all properties in Madison Heights, VA. There is 1 zips within Madison Heights, VA; of that zips, the median estimated home value for homes going to auction ranges from $252,004 in 24572 to the lowest value of $113,175 in 24572.
Compare Nearby Cities
More Real Estate Resources for Madison Heights, VA
Guide for Madison Heights, VA
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