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Preforeclosure Homes in Madison, WV

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Madison, WV Foreclosures

Current Market Conditions in in Madison, WV As of March 2026?
Over the past month, the Madison real estate market has seen a slight uptick in activity, likely due to seasonal changes as families often look to relocate during the summer months. This has resulted in a modest increase in home showings and interested buyers, which slightly elevated the competition for homes under $200,000. However, market listings remain steady, maintaining a healthy balance between supply and demand that benefits buyers and sellers alike.
How much do homes sell for in Madison, WV?
The average home price is currently $142,269.
In Madison, WV, how many homes are available?
There are currently 1 active home listings available in Madison.
What’s the average rental cost in Madison, WV?
The average rental price in Madison is $890.
What is the most expensive home in Madison?
The most expensive home sold in Madison had a price of $899,807.
What is currently the cheapest priced home in Madison, WV?
The cheapest home for sale in Madison is priced at $5,600.

Living in Madison, WV

Madison, WV is a picturesque small town nestled in Boone County, known for its community-oriented atmosphere and outdoor recreational opportunities. With a range of amenities, excellent schools, and convenient transportation options, Madison is a great choice for families and individuals alike. Enjoy a peaceful lifestyle surrounded by the beauty of West Virginia's mountains.

Buyer vs Seller Market in Madison, WV

The real estate market in Madison, WV tends to be stable, with home prices reflecting the affordability of rural living. Recent trends indicate a modest increase in home values as more people explore areas with lower living costs while still having easy access to nature.

Investors are increasingly recognizing Madison as a viable option for long-term rental properties due to its growing population and community development initiatives. Average home prices are typically lower than the state average, making it attractive for first-time buyers and retirees.

Home Value Estimator For Madison, WV

There are currently 1,626 real estate properties in Madison, WV, with a median automated valuation model (AVM) price of $124,587.00. 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, WV, 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, WV, is $142,269.00, with the most expensive house in Madison, WV, topping out at $899,807.00 and the cheapest home in Madison, WV, clocking in at $5,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Madison, WV!

Rent Prices In Madison, WV

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Madison, WV, is on a rollercoaster ride. The average rent price in Madison, WV, is $890.00. Indeed, when looking to rent in Madison, WV, you can expect to pay as little as $440.00 or as much as $2,140.00, with the average rent median estimated to be $860.00. The good news is that finding an affordable and desirable property to rent in Madison, WV -- 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, WV Preforeclosure Homes


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