24572 Home Values & Market Trends

There are 200 homes currently listed for 24572. 24572 real estate market trends show that home prices range from $30,000 to $900,000, and the median sales price in the 24572 zip code is $279,900. The total number of properties sold within the past twelve months is 248. In 24572, 11 properties are in foreclosure, 3 are bank owned properties,and 8 are headed for auction.

Housing Market Summary for 24572

Sep 2025September 2026Change
Median Listing Price$299.9K$314.9K5.00%
Median Sold Price$220.7K$203K-7.99%
Homes For Sale13019751.54%
Homes Sold15387-43.14%
Price
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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%.

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Browse Homes in 24572

The median list price of a home in Madison Heights, is $279,900. A total of 200 properties are for sale, and the percentage of properties for sale in the zip code is 200.00%. The total count of 24572 properties is 305.

Foreclosure
There is 1 cities within 24572; within this cities, the median estimated home value for homes in foreclosure ranges from $225,960 in madison heights to the lowest value of $57,333 in madison heights. Foreclosure homes account for 3.00% of properties in 24572 with madison heights containing 11 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 24572 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 24572; of that 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 Owned
    The median estimated home value of bank owned homes (REO properties) in 24572 ranges from the highest value of $150,617 in madison heights to the lowest value of $57,333 in madison heights. Bank owned homes and properties account for 0.98% of properties in 24572. There is 1 cities within 24572; madison heights containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    madison heights has 8 auction properties, the highest number of properties going to auction in a single city in the state of 24572. Auction homes and other auction properties account for 2.62% of all properties in 24572. There is 1 cities within 24572; of that cities, the median estimated home value for homes going to auction ranges from $225,960 in madison heights to the lowest value of $93,911 in madison heights.
Homes for Sale
Homes and properties that are actively listed for sale account for 65.57% of residential properties in 24572 with madison heights containing 200 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 24572; homes for sale in that cities, have a range of median values from $945,000 in madison heights to the lowest value of $21,933 in madison heights.
    Sold Homes
    The median value for recently sold homes ranges from $794,171 in madison heights to the lowest price of $60,250 in madison heights. There is 1 cities within 24572. madison heights has 83 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 27.21% of properties in 24572.

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      Guide for 24572

      gavel for real estate auction
      Home Buying Guides & Tips
      Virginia Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      gavel for real estate auction
      Virginia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2015

      Virginia Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.