Housing in Madison, NC

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$230,000

Median List Price

N/A

Price Per Sq Ft

$205

Days on Market

83

Active Inventory

5

Months of Supply

5.0

Balanced market

Zillow Home Value

$213,502

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 0.2%List Price 9.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

98.3%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

1

Pending Sales

2

Homes Sold 80.0%New Listings 25.0%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$205

Sale $/SF 7.3%List $/SF 17.2%Mar 24Jan 26

Madison vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Madison is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$144,900

Median Rent

$730

Total Housing Units

1,174

Vacancy Rate

10.1%

Owner Occupied

61.1%

Renter Occupied

38.9%

Median Property Tax

$1,389

per year

Monthly Cost (w/ Mortgage)

$752

Housing Types

Single Family
70.4%
Multi-Family
26.4%
Mobile Home
3.1%

The current median sale price in Madison, NC is $230,000 according to Redfin data. Homes spend a median of 83 days on the market. 0.0% of homes sold above asking price. The market has 5.0 months of supply. The median price per square foot is $205. The median rent is $730 per month (Census ACS). About 61.1% of housing units are owner-occupied. The median year homes were built is 1961. There are 1,174 total housing units.