Photo: Carmenshields · CC BY 3.0110 homes sold in Madison Heights in the last year, at a typical $252K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Madison Heights homes are listed.
Every place Madison Heights homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Madison Heights.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 95% of Madison Heights’ sales, at a typical $255K
110 homes sold in the year to May 2026.
typical sale · 104 sold in 12 months
- Per square foot
- $167VA $222
- Days to sell
- 19
- Sold over asking
- 24%
- Listings with a price cut
- 36%
Multi-family (2–4 units): 2 sold, typical $192K
Townhouses: 4 sold, typical $208K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
110 sales in the last year, against 167 in 2022 and a low of 76 in 2014. The typical sale went from $129K in 2016 to $252K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Madison Heights
Check a listing against what Madison Heights homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Madison Heights are back to pre-pandemic levels, but two thirds fewer homes come up for sale
We read every month of Madison Heights’ home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 110 sales.
If you’re buying in Madison Heights
- Shop in March. It brings about 14 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
- Bid near asking. Buyers paid 98.9% of the list price on average; 25% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings the homes; fall brings the bidding wars
August has the most new listings (about 15 a month), but November is the most competitive: 35% of November sales close over asking. March offers nearly as much choice with fewer homes bid up (25%). January has the least competition (19%) but only about 8 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Virginia
| Madison Heights now | 2017–19 | 2021 peak | VA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 25% | 23% | 43% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 46% | 3% | 3% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | 34% | — | — | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 98.9% | 97.9% | 99.4% | 99.3% |
| Days to sellMedian days from listing to contract | 19 | 92 | 61 | 38 |
17 homes for sale on a typical day
That’s 1.4 times the 2023 low (12), 67% fewer than in 2017–19 and well under 2014’s 72.
1 in 3 listings has cut its price
34% in the last year, against — in 2017–19 and 25% across Virginia.
Madison Heights ranks 146th of 179 busy Virginia markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Madison Heights is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Madison Heights home costs about $1,404 a month
Price: Madison Heights’ typical sale, last 12 months. Property tax at Madison Heights’ 0.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Madison Heights is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. December has the fewest, about 7.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $252K home, about $1,070 a year.
Taxes vs. neighborsSchools
The schools grade for Madison Heights, from test results, graduation and how much students grow.
Schools in Madison HeightsTypical commute
The average one-way trip to work for people who live in Madison Heights.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Lynchburg sells for less a square foot
The busier markets within 25 miles of Madison Heights, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Lynchburg | 1,170 | $273K | $159 | 25% | 28 |
| Forest | 220 | $381K | $175 | 21% | 27 |
| Timberlake | 173 | $299K | $169 | 27% | 29 |
| Madison Heights | 110 | $252K | $167 | 25% | 19 |
| Bedford | 100 | $290K | $163 | 19% | 45 |
| Appomattox | 29 | $251K | $167 | 17% | 72 |
| Amherst | 26 | $277K | $173 | 15% | 35 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Madison Heights, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Madison Heights. People who follow the town see it, and so do people comparing Madison Heights with their own town. No commission, no listing fee.
Questions about buying a home in Madison Heights
What do homes sell for in Madison Heights, VA?
110 homes sold in the year to May 2026 at a typical $252K, $167 a square foot.
Is Madison Heights a buyer’s or seller’s market?
A seller’s market: 16 homes were for sale in May 2026 and 10 sold, about 1.6 months of supply. Buyers paid 98.9% of asking on average, and 34% of listings cut their price.
When is the best time to buy in Madison Heights?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Madison Heights?
About 0.4% of a home’s value a year. On a $252K home that’s near $1,070.
Where can I see homes for sale in Madison Heights?
Zillow, Redfin, Realtor.com and Homes.com all carry Madison Heights’ MLS listings; the search links above open each one filtered to Madison Heights.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).