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Preforeclosure Homes in Madison, WV

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Madison, WV Foreclosures

How much do homes sell for in Madison, WV?
The average home price is currently $138,082.
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 $667,648.
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, located in Boone County, West Virginia, boasts a charming small-town atmosphere with a population just under 3,000. The historic downtown area features a variety of local shops and eateries, making it a hub for community gatherings and events. Surrounded by beautiful natural landscapes, Madison offers residents plenty of opportunities for outdoor recreation, including hiking and fishing in nearby waterways.

Current Market Conditions in Madison, WV

The Madison real estate market shows stable growth with a modest increase in home values over the past year. The demand for housing in the area is bolstered by the affordable cost of living and the community’s hometown feel. Developers are starting to take interest in the area, further contributing to the market's vitality.

Over the last few months, the market has experienced a notable uptick in buyer interest, particularly among families seeking a quieter lifestyle. With the limited inventory available, homes are moving quickly and often selling above list price.

Home Value Estimator For Madison, WV

There are currently 1,498 real estate properties in Madison, WV, with a median automated valuation model (AVM) price of $121,783.00. 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 $138,082.00, with the most expensive house in Madison, WV, topping out at $667,648.00 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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