Housing in Madison Heights, VA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$291,750
Median List Price
$297,450
Price Per Sq Ft
$179
Days on Market
26
Active Inventory
17
Months of Supply
2.1
Seller's market
Zillow Home Value
$236,466
ZHVI — January 2026
Zillow Rent Index
$795
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
12.5%
Off Market in 2 Weeks
40.0%
Sale-to-List Ratio
96.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
8
New Listings
10
Pending Sales
5
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$179
Median List $/SF
$238
Madison Heights vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Madison Heights 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
$181,300
Median Rent
$826
Total Housing Units
5,025
Vacancy Rate
6.8%
Owner Occupied
72.2%
Renter Occupied
27.9%
Median Property Tax
$864
per year
Monthly Cost (w/ Mortgage)
$906
Housing Types
The current median sale price in Madison Heights, VA is $291,750 according to Redfin data. Homes spend a median of 26 days on the market. 12.5% of homes sold above asking price. The market has 2.1 months of supply. The median price per square foot is $179. Zillow's observed rent index is $795/month. About 72.2% of housing units are owner-occupied. The median year homes were built is 1971. There are 5,025 total housing units.