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Land Foreclosures in Madison Heights, VA

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Madison Heights, VA Foreclosures

Current Market Conditions in in Madison Heights, VA As of January 2026?
In the past month, Madison Heights has seen a slight uptick in home sales, with an increase in inquiries for residential properties. Buyers are particularly interested in single-family homes, likely due to favorable interest rates and the area's appeal for families and retirees. The average time on market has decreased as competition among buyers has intensified, with some listings receiving multiple offers.
How much do homes sell for in Madison Heights, VA?
The average home price is currently $261,736.
In Madison Heights, VA, how many homes are available?
There are currently 2 active home listings available in Madison Heights.
What’s the average rental cost in Madison Heights, VA?
The average rental price in Madison Heights is $1,139.
What is the most expensive home in Madison Heights?
The most expensive home sold in Madison Heights had a price of $4,534,994.
What is currently the cheapest priced home in Madison Heights, VA?
The cheapest home for sale in Madison Heights is priced at $12,146.

Living in Madison Heights, VA

Madison Heights, VA offers a peaceful suburban lifestyle combined with easy access to the bustling city of Lynchburg. The community is known for its outdoor activities, friendly neighborhoods, and active local events. With a variety of amenities and a strong sense of togetherness, it’s an attractive destination for families and individuals alike.

Buyer vs Seller Market in Madison Heights, VA

The real estate market in Madison Heights, VA is currently stable, with a steady increase in property values over the past year. Homes in the area are desirable due to the affordability compared to nearby urban locations, attracting both first-time buyers and investors alike.

There has been a noticeable rise in new developments, particularly in family-friendly housing options, as more people seek the tranquility of suburban living while having access to urban conveniences. This trend is likely to continue, fostering further growth in local property demand.

Home Value Estimator For Madison Heights, VA

There are currently 6,694 real estate properties in Madison Heights, VA, with a median automated valuation model (AVM) price of $232,851.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Madison Heights, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Madison Heights, VA, is $261,736.00, with the most expensive house in Madison Heights, VA, topping out at $4,534,994.00 and the cheapest home in Madison Heights, VA, clocking in at $12,146.00. In other words, there’s something for every potential homebuyer or savvy investor in Madison Heights, VA!

Rent Prices In Madison Heights, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Madison Heights, VA, is on a rollercoaster ride. The average rent price in Madison Heights, VA, is $1,139.00. Indeed, when looking to rent in Madison Heights, VA, you can expect to pay as little as $520.00 or as much as $2,660.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Madison Heights, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Madison Heights, VA Land


Market Trend for Madison Heights, VA

Total Listings Available: 2

Market Values:

Home Prices from $12,146 to $4,534,994

Average Sales Price: $261,736

Rental Values:

Rental from $520 to $2,660

Average Rent Value: $1,139 / month

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