Madison, VA Housing Market
The Madison housing market is somewhat competitive. The median sale price of a home in Madison was $1.7M last month, up 1036.4% since last year.
Madison Housing Market Trends
In November 2024, Madison home prices were up 1036.4% compared to last year, selling for a median price of $1.7M.

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How hot is the Madison housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 40 days.
- Hot homescan sell for about 4% above list price and go pending in around 19 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 42 days.
- Hot homescan sell for about 1% above list price and go pending in around 25 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 44 days.
- Hot homescan sell for around list price and go pending in around 10 days.
Madison Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Madison from outside metros.
- Los Angeles homebuyers searched to move into Madison more than any other metro followed by New York and Hartford.
- 80% of Madison homebuyers searched to stay within the Madison metropolitan area.
- Salisbury was the most popular destination among Madison homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '25 - Apr '25 | ||
1 | 2,437 | ||
2 | 2,084 | ||
3 | 430 | ||
4 | 264 | ||
5 | 51 | ||
6 | 17 | ||
7 | 10 | ||
8 | 6 | ||
9 | 5 | ||
10 | 4 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '25 - Apr '25 | ||
1 | 5,370 | ||
2 | 2,132 | ||
3 | 1,977 | ||
4 | 1,924 | ||
5 | 1,545 | ||
6 | 1,529 | ||
7 | 1,200 | ||
8 | 1,140 | ||
9 | 1,129 | ||
10 | 957 |
View houses in Madison that sold recently
Recently sold homes
- $50,000 Last Sold Price—beds—baths—sq ft0 Horn Hollow Ln, Aylor, VA 22727List Price$68,000Sale to List26% under listDays on Market23 days0 Horn Hollow Ln, Aylor, VA 22727
- $254,900 Last Sold Price2 beds1 bath784 sq ft411 Resettlement, Madison, VA 22727(888) 838-9044List Price$249,900Sale to List2% over listDays on Market33 days411 Resettlement, Madison, VA 22727
- $965,000 Last Sold Price4 beds4.5 baths6,980 sq ft325 Oneals Rd, Madison, VA 22727(540) 948-6655List Price$895,000Sale to List8% over listDays on Market39 days325 Oneals Rd, Madison, VA 22727
- $30,000 Last Sold Price—beds—baths—sq ftN Blue Ridge Tpke, Madison, VA 22727(866) 825-7169List Price$50,000Sale to List40% under listDays on Market119 daysN Blue Ridge Tpke, Madison, VA 22727
- $508,000 Last Sold Price4 beds2 baths2,592 sq ft1875 Oneals, Madison, VA 22727(540) 948-6655List Price$499,000Sale to List2% over listDays on Market27 days1875 Oneals, Madison, VA 22727
- $600,602 Last Sold Price4 beds3 baths2,478 sq ft43 Sheffield Way, Aroda, VA 22709List Price$595,000Sale to List1% over listDays on Market119 days43 Sheffield Way, Aroda, VA 22709
- $445,000 Last Sold Price3 beds2 baths1,984 sq ft3947 Hebron Valley Rd, Madison, VA 22727(703) 771-8888List Price$445,000Sale to List0% over listDays on Market38 days3947 Hebron Valley Rd, Madison, VA 22727
- $480,000 Last Sold Price3 beds2.5 baths1,963 sq ft14 Laurel Dr E, Madison, VA 22727List Price$474,000Sale to List1% over listDays on Market78 days14 Laurel Dr E, Madison, VA 22727
See all recently sold homes in Madison.
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Schools in Madison
- Elementary
- Middle
- High
GreatSchools Rating
2/10 Waverly Yowell Elementary School Public • 3-5 | 337 Students | N/A |
Climate's impact on Madison housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Madison.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Wind likelihood over time
Heat Factor - Severe
Heat Factor

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