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Preforeclosure Homes in Madison, VA

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Madison, VA Foreclosures

How much do homes sell for in Madison, VA?
The average home price is currently $415,954.
In Madison, VA, how many homes are available?
There are currently 2 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 $5,867,700.
What is currently the cheapest priced home in Madison, VA?
The cheapest home for sale in Madison is priced at $35,805.

Living in Madison, VA

Madison, VA is a picturesque town nestled in the Blue Ridge foothills, offering a tranquil lifestyle complemented by scenic beauty and a strong sense of community. Local amenities, schools, and outdoor activities make it an ideal place for families and retirees alike. The town's friendly environment and rich history add to its charm, making Madison a hidden gem in Virginia.

Current Market Conditions in Madison, VA

The real estate market in Madison has shown a consistent demand over the past year, with homes appreciating in value as more buyers are drawn to the area for its natural beauty and affordable living. While the market favors sellers due to low inventory, opportunities still exist for buyers looking to invest in this tranquil community.

Home Value Estimator For Madison, VA

There are currently 1,823 real estate properties in Madison, VA, with a median automated valuation model (AVM) price of $372,994.00. 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 $415,954.00, with the most expensive house in Madison, VA, topping out at $5,867,700.00 and the cheapest home in Madison, VA, clocking in at $35,805.00. 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 Preforeclosure Homes


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