Madison Heights, VA Housing Market
The Madison Heights housing market is very competitive. The median sale price of a home in Madison Heights was $255K last month, up 29.8% since last year. The median sale price per square foot in Madison Heights is $172, down 8.0% since last year.
Madison Heights Housing Market Trends
In October 2024, Madison Heights home prices were up 29.8% compared to last year, selling for a median price of $255K. On average, homes in Madison Heights sell after 26 days on the market compared to 5 days last year. There were 7 homes sold in October this year, down from 10 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Madison Heights 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 6 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 12 days.
- Hot homescan sell for about 1% above list price and go pending in around 5 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 about 2% below list price and go pending in around 13 days.
- Hot homescan sell for around list price and go pending in around 3 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 about 1% below list price and go pending in around 18 days.
- Hot homescan sell for around list price and go pending in around 4 days.
Madison Heights Migration & Relocation Trends
View houses in Madison Heights that sold recently
Recently sold homes
- $149,000 Last Sold Price3 beds1 bath1,045 sq ft433 Main St, Madison Heights, VA 24572List Price$149,000Sale to List0% over listDays on Market51 days433 Main St, Madison Heights, VA 24572
- $250,000 Last Sold Price3 beds2 baths1,423 sq ft138 Chapel View Dr Dr, Madison Heights, VA 24572List Price$243,000Sale to List3% over listDays on Market38 days138 Chapel View Dr Dr, Madison Heights, VA 24572
- $237,500 Last Sold Price3 beds1 bath1,497 sq ft140 Grove Ave, Madison Heights, VA 24572List Price$229,900Sale to List3% over listDays on Market47 days140 Grove Ave, Madison Heights, VA 24572
- $192,000 Last Sold Price4 beds2 baths2,248 sq ft129 Fifth ST St, Madison Heights, VA 24572List Price$192,000Sale to List0% over listDays on Market43 days129 Fifth ST St, Madison Heights, VA 24572
- $275,000 Last Sold Price3 beds2 baths2,169 sq ft206 Seminole Drive Dr, Madison Heights, VA 24572List Price$275,000Sale to List0% over listDays on Market43 days206 Seminole Drive Dr, Madison Heights, VA 24572
- $309,000 Last Sold Price4 beds3 baths2,460 sq ft119 Forest Dr, Madison Heights, VA 24572List Price$319,900Sale to List3% under listDays on Market43 days119 Forest Dr, Madison Heights, VA 24572
- $145,000 Last Sold Price2 beds1 bath840 sq ft464 Main ST St, Madison Heights, VA 24572List Price$145,900Sale to List1% under listDays on Market175 days464 Main ST St, Madison Heights, VA 24572
- $328,900 Last Sold Price3 beds2 baths1,488 sq ft177 Lamont Cir, Madison Heights, VA 24572List Price$319,900Sale to List3% over listDays on Market38 days177 Lamont Cir, Madison Heights, VA 24572
See all recently sold homes in Madison Heights.
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Schools in Madison Heights
- Elementary
- Middle
- High
GreatSchools Rating
4/10 Amelon Elementary School Public • PreK-5 | 416 Students | 2 reviews |
4/10 Madison Heights Elementary School Public • PreK-5 | 382 Students | 1 reviews |
NR Amherst Educational Center Public • N/A | - Students | N/A |
NR Lynchburg City Secondary Alternative Public • N/A | - Students | N/A |
NR Hutcherson Early Learning Center Public • N/A | - Students | 2 reviews |
Climate's impact on Madison Heights housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Madison Heights.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minor
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
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