How much does it cost to buy a house in Madison, VA?

In May 2026 Madison homes were listed to buy for a median price of $409K, which is a 14% decrease to April 2025 last month, and a 13% decrease to May 2025 last year. The median value of a home listed to buy in Madison in May 2026 was $252 per sqft, which is a 1% decrease to April 2025 last month, and same as May 2025 last year.

Is it affordable or expensive to live in Madison, VA?

It is affordable to live in Madison. Buying a home in Madison is 1% less expensive compared with the national average.

Are home prices dropping in Madison, VA?

Home price are dropping in Madison, in May 2026, homes to buy in Madison have same in median list price by 4% compared with April 2026, one month ago.

Is the Madison, VA housing market slowing down?

The housing market in Madison is slowing down. In May 2026, homes to buy in Madison spent an median 52 days on the market, a 3% decrease from May 2025 last year.

What are the best and safest places to live in Madison, VA?

The best and safest neighborhoods to live in Madison in May 2026 are Lewis Mountain, Venable, Martha Jefferson, North Downtown, Barracks Rugby, Cory Farms, Grayrock Orchard, Grayrock, Old Trail, Greenbrier, Waylands Grant, Johnson Village, Woolen Mills, Laurel Hills, Western Ridge, Fifeville, Highlands, Orchard Acres, Brookmill, Jefferson Park Avenue

How much money should I make to buy a house in Madison, VA?

In May 2026, Madison homes were listed to buy for a median price of $409K, with 25% down you would need $2.22K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $76.2K.