Madison, NC Home Values & Market Trends

Real estate market trends reflect that there have been 422 transactions over the past year in Madison. The median value for residential home transactions that occurred over the previous year is $200,153.64. The number of current listings in Madison is 7, and the percentage of properties for sale in the city is 25.00%. Madison, NC currently has 21 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 7 properties for sale.

Madison, NC Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
27025

$ 193,536

$ 114/sqft

Housing Market Summary for Madison, NC

Aug 2022August 2023Change
Median Listing Price$254.9K$204.5K-19.80%
Median Sold Price$188.4K$204.5K8.52%
Homes For Sale185-72.22%
Homes Sold10258-43.14%
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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 Madison, NC

Madison home values range from $11,360 to $1,501,589. The median estimated value of a home in Madison is $200,153.64. The median list price of a home is 239,990, and the total count of properties in the city is 4,510.

Foreclosure
There is 1 zips within Madison, NC; within this zips, the median estimated home value for homes in foreclosure ranges from $698,931 in 27025 to the lowest value of $93,898 in 27025. Foreclosure homes account for 0.00% of properties in Madison, NC with 27025 containing 21 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.40% of all residential properties in Madison, NC with 27025 containing 18 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Madison, NC; of that zips, the estimated home value for pre-foreclosure homes ranges from $698,931 in 27025 to the lowest home value of $93,898 in 27025.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Madison, 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, NC. There is 1 zips within Madison, NC; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    27025 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Madison, NC. Auction homes and other auction properties account for 0.07% of all properties in Madison, NC. There is 1 zips within Madison, NC; of that zips, the median estimated home value for homes going to auction ranges from $134,086 in 27025 to the lowest value of $132,100 in 27025.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.16% of residential properties in Madison, NC with 27025 containing 7 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Madison, NC; homes for sale in that zips, have a range of median values from $421,218 in 27025 to the lowest value of $79,000 in 27025.
    Sold Homes
    The median value for recently sold homes ranges from $729,691 in 27025 to the lowest price of $37,000 in 27025. There is 1 zips within Madison, NC. 27025 has 55 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.22% of properties in Madison, NC.

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