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Foreclosure Homes in Madison, VA 22719

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Madison, VA Foreclosures

Current Market Conditions in in Madison, VA As of March 2026?
In the past month, Madison's real estate market has seen a slight uptick in home values, with an average increase of about 2.5% compared to the previous month. The number of homes sold has remained consistent, but inventory levels are low, leading to fierce competition among buyers. This market dynamic suggests that potential homebuyers should be prepared to act quickly when they find a property they like, as homes are moving faster than in previous months.
How much do homes sell for in Madison, VA?
The average home price is currently $471,608.
In Madison, VA, how many homes are available?
There are currently 1 active home listings available in Madison.
What’s the average rental cost in Madison, VA?
The average rental price in Madison is $1,543.
What is the most expensive home in Madison?
The most expensive home sold in Madison had a price of $13,391,079.
What is currently the cheapest priced home in Madison, VA?
The cheapest home for sale in Madison is priced at $33,131.

Living in Madison, VA

Madison, VA is a picturesque town located in the Blue Ridge Mountains, known for its friendly community, beautiful natural surroundings, and quality schools. Residents enjoy a slower pace of life while having access to outdoor activities such as hiking and wine tours. Its small-town atmosphere offers a perfect retreat for families and individuals alike.

Buyer vs Seller Market in Madison, VA

Madison's real estate market has been experiencing steady growth, with homes selling quickly and at increasingly higher prices. The tight inventory of homes available for sale has contributed to a competitive market, attracting buyers from surrounding areas. This trend is solidified by the enduring appeal of the scenic countryside and the community-focused lifestyle that Madison offers.

Recent data shows a rise in home purchases and an influx of new residents seeking a more tranquil way of life amid the hustle and bustle of urban centers. With amenities and quality education nearby, Madison is becoming more attractive to families and retirees alike.

Home Value Estimator For Madison, VA

There are currently 2,070 real estate properties in Madison, VA, with a median automated valuation model (AVM) price of $401,316.00. 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, 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, VA, is $471,608.00, with the most expensive house in Madison, VA, topping out at $13,391,079.00 and the cheapest home in Madison, VA, clocking in at $33,131.00. In other words, there’s something for every potential homebuyer or savvy investor in Madison, VA!

Rent Prices In Madison, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Madison, VA, is on a rollercoaster ride. The average rent price in Madison, VA, is $1,543.00. Indeed, when looking to rent in Madison, VA, you can expect to pay as little as $760.00 or as much as $3,260.00, with the average rent median estimated to be $1,500.00. The good news is that finding an affordable and desirable property to rent in Madison, 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, VA 22719 Foreclosures

Market Trend for Madison, VA

Total Listings Available: 1

Market Values:

Home Prices from $33,131 to $13,391,079

Average Sales Price: $471,608

Rental Values:

Rental from $760 to $3,260

Average Rent Value: $1,543 / month

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