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Foreclosure Auction Homes in Madison Heights, VA

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Madison Heights, VA Foreclosures

How much do homes sell for in Madison Heights, VA?
The average home price is currently $253,955.
In Madison Heights, VA, how many homes are available?
There are currently 3 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 $4,563,581.
What is currently the cheapest priced home in Madison Heights, VA?
The cheapest home for sale in Madison Heights is priced at $15,201.

Living in Madison Heights, VA

Madison Heights, VA, is a vibrant community combining rich history and modern amenities. With its welcoming neighborhoods, excellent schools, and abundance of recreational activities, it offers a balanced mix for families and young professionals alike. Its close proximity to Lynchburg enhances its attractiveness as a peaceful yet connected residential option.

Current Market Conditions in Madison Heights, VA

Madison Heights is experiencing a growing real estate market, characterized by steady demand for homes due to its appealing amenities and family-friendly environment. This area has seen an increase in property values as more homebuyers seek to take advantage of its affordable housing options compared to nearby urban areas.

The market favors sellers currently, with decreasing inventory levels leading to increased competition among potential buyers. Homes in Madison Heights are selling faster than in previous months, indicating a healthy demand and a trend towards higher prices.

Home Value Estimator For Madison Heights, VA

There are currently 6,431 real estate properties in Madison Heights, VA, with a median automated valuation model (AVM) price of $231,422.00. 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 $253,955.00, with the most expensive house in Madison Heights, VA, topping out at $4,563,581.00 and the cheapest home in Madison Heights, VA, clocking in at $15,201.00. 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 Foreclosure Auction Homes


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