Madison, WV25130

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$110,000
1.5% YoY Growth
Median Household Income
$51,300
25.3% 5-Year Growth
Days on Market
67
22.0% Longer than last year
Home Price Forecast
0.4%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Other Zip Codes in Madison, WV

Property Listings — Madison, WV

As of Oct '25, Realtor.com reports that the median days on market for a home in Madison, WV is 67. This is a increase of 22.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$162,000-10.0%
Listing Count
1715.0%
Listings as % of Homes0.6%15.0%
Days on Market
6722.0%
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Demographics — Madison, WV

As of the latest ACS Survey released in 2023, Madison, WV has a population of 3,350, which has increased by 1.2% over the past 5 years. Madison, WV is a moderately popular place for families, as children make up 19.4% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
3,3501.2%
% Under 18
19.4%-9.3%
% Seniors
22.7%2.7%
% WFH
3.4%-24.4%
% w/ College Degree
19.5%62.5%
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As of the latest ACS Survey released in 2023, Madison, WV is a predominantly white area, with 95.4% of the population identifying as white. The white population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Madison, WV is black, making up 2.2% of the population. Foreign-born residents account for 1.0% of the population in Madison, WV, and this percentage has increased by 66.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.4%0.2%
% Black
2.2%-50.0%
% Hispanic
0.5%66.7%
% Asian
0.7%∞%
% Foreign Born
1.0%66.7%
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Mortgage and Risk — Madison, WV

According to HUD data as of 2023, there were 77 mortgage originations in Madison, WV, of which 57.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 56.0% above 90% LTV (very high). This implies large mortgage risk in Madison, WV. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
77
% Conventional Loans
57.0%
% Government Loans
43.0%
% Investor Loans
1.0%
% Second Loans
0.0%
% Cash Out Refinance
8.0%

Loan Activity

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Rentals and Section 8 — Madison, WV

Madison, WV lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
88
Total Units Section 8
88
% Rentals under Section 8
25.9%
% Occupied Section 8
85.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$740
2 BedroomN/AN/A$880
3 BedroomN/AN/A$1,210
4 BedroomN/AN/A$1,480

Affordability — Madison, WV

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.1
Median Home Price$110,000
Median Household Income$51,300

Madison, WV — ZIP Code Boundary Map

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Frequently Asked Questions