Madison County, NC Home Values & Market Trends
The median home price in Madison County, NC is $478,213. There were 425 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 339, and the percentage of properties for sale is 339.00%. The county has 13 foreclosures, 1 bank owned properties, 5 headed for auction, and 339 properties for sale.
Madison County, NC Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Mars Hill | $ 475,349 $ 281/sqft | Hot Springs | $ 522,867 $ 260/sqft |
| Marshall | $ 477,260 $ 287/sqft |
Housing Market Summary for Madison County, NC
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $489.5K | $489.9K | 0.08% |
| Median Sold Price | $414.7K | $410.6K | -0.98% |
| Homes For Sale | 219 | 333 | 52.05% |
| Homes Sold | 204 | 212 | 3.92% |
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 $30,118 to $5,591,550. Hot Springs is the priciest city with a median listing home price of $507,000, and Mars Hill is most affordable with average house prices of around $475,000.
- Pre-ForeclosurePre-foreclosure homes account for 1.19% of all residential properties in Madison County, NC with Marshall containing 4 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 $435,444 in Mars Hill to the lowest home value of $268,425 in Marshall.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Madison County, NC ranges from the highest value of $190,000 in Mars Hill to the lowest value of $190,000 in Mars Hill. Bank owned homes and properties account for 0.17% of properties in Madison County, NC. There are 3 cities within Madison County, NC; Mars Hill containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMarshall has 4 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 0.85% 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 $527,776 in Mars Hill to the lowest value of $297,633 in Mars Hill.
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More Real Estate Resources for Madison County, NC
Guide for Madison County, NC
North Carolina Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.