Madison, VA County is an area with a booming housing market. The median value of homes in the county is $327,100, which is significantly lower than the US median value of $338,100. However, the appreciation rate in Madison over the past year has been 14.96%, which is higher than the national average of 8.27%. This demonstrates that people find Madison to be a desirable place to call home and that there are likely great opportunities for investment in this area.
The median home cost in Madison County is $327,100. Home appreciation the last 10 years has been 86.9%. Home Appreciation in Madison County is up 15.4%.
Average Age of Homes
- The median age of Madison County real estate is 37 years old
The Rental Market in Madison County
- Renters make up 18.6% of the Madison County population
- 0.0% of houses and apartments in Madison County, 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.