Zip 22727 (Madison, VA) Housing

The housing market in 22727 Madison, VA is doing well compared to the national median. The median value of housing in Madison is $338,300, which is just slightly higher than the national house median value of $338,100. In the past year, the appreciation rate in Madison has been 9.06%, much higher than the US average of 8.27%. This indicates that it is a desirable market and investors are willing to pay more for homes in this area.

The median home cost in Madison (zip 22727) is $338,300. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Madison (zip 22727) is up 15.4%.

Average Age of Homes

- The median age of Madison (zip 22727) real estate is 39 years old

The Rental Market in Madison (zip 22727)

- Renters make up 21.9% of the Madison (zip 22727) population
- 0.0% of houses and apartments in Madison (zip 22727), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Madison, Virginia	United States
	2,521.0	139,647,020.0
	42	42
	$338,300	$338,100
	15.4%	16.6%
	52.1%	57.0%
	87.2%	101.1%
	$6.29	$10.98
	$1,769	$2,690
	67.8%	57.4%
	12.5%	11.2%
	19.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.7%	0.4%
	1.3%	3.6%
	9.5%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	3.3%	2.8%
	0.0%	3.9%
	0.6%	4.5%
	8.0%	11.3%
	13.6%	13.0%
	28.4%	20.1%
	12.4%	13.6%
	5.7%	8.3%
	13.5%	9.7%
	11.3%	3.9%
	1.3%	2.2%
	0.0%	0.8%
	2.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	17.8%	13.6%
	17.8%	13.6%
	11.3%	13.6%
	12.9%	13.2%
	11.4%	14.8%
	11.3%	13.6%
	3.0%	10.0%
	3.3%	4.7%
	18.4%	12.2%

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