Madison Heights, VA has a median housing value of $202,800, which is less than the US median house value of $338,100. However, Madison Heights has seen a higher rate of appreciation in the past year at 14.49%, compared to 8.27% in the US as a whole. This makes Madison Heights an attractive option for those looking to invest in real estate or to purchase a home in Virginia. In addition to its lower cost and higher appreciation rate compared to the national average, Madison Heights also offers plenty of parks, trails and outdoor recreation activities that make it perfect for those who enjoy an active lifestyle.
The median home cost in Madison Heights is $202,800. Home appreciation the last 10 years has been 60.7%. Home Appreciation in Madison Heights is up 17.9%.
Average Age of Homes
- The median age of Madison Heights real estate is 47 years old
The Rental Market in Madison Heights
- Renters make up 30.6% of the Madison Heights population
- 0.0% of houses and apartments in Madison Heights, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.