Madison, NC—27025
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Madison, NC
As of Oct '25, the median home price in Madison, NC is $209,000, with a year-over-year change of -2.4%. This indicates that home prices in Madison, NC are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $209,000 | -2.4% |
| Single Family | $210,000 | -1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $154,000 | -4.3% |
3 Bed | $248,000 | -0.4% |
4 Bed | $335,000 | -1.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Madison, NC
As of July '25, Rentcast reports the average rent in Madison, NC is $1,110, with a year-over-year rent change of -0.9%. Per bedroom, the median rent as of July '25 in Madison, NC is 1-bedrooms: $766, 2-bedrooms: $1,240, 3-bedrooms: $1,500. The most common rental property sizes in Madison, NC are 3-bedroom and 2-bedroom, accounting for 41.2% and 40.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,110 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $700 | $766 |
| 2 Bed Rent | $1,250 | $1,240 |
| 3 Bed Rent | $1,500 | $1,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Madison, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Madison, NC is 79. This is a increase of 45.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $292,000 | 11.0% |
Listing Count | 32 | 56.0% |
| Listings as % of Homes | 0.3% | 56.0% |
Days on Market | 79 | 45.0% |
Demographics — Madison, NC
As of the latest ACS Survey released in 2023, Madison, NC has a population of 12,300, which has increased by 8.3% over the past 5 years. Madison, NC is a moderately popular place for families, as children make up 21.2% of the population. The area has a poorly educated workforce, with 15.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,300 | 8.3% |
% Under 18 | 21.2% | 9.8% |
% Seniors | 21.4% | 1.4% |
% WFH | 6.8% | 277.8% |
% w/ College Degree | 15.3% | 25.4% |
As of the latest ACS Survey released in 2023, Madison, NC is a predominantly white area, with 80.7% of the population identifying as white. The white population has grown by 5.6% in the last 5 years. The second most common race or ethnicity in Madison, NC is black, making up 10.0% of the population. Foreign-born residents account for 1.6% of the population in Madison, NC, and this percentage has decreased by 38.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.7% | 5.6% |
% Black | 10.0% | -33.3% |
% Hispanic | 5.0% | -26.5% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.6% | -38.5% |
Mortgage and Risk — Madison, NC
According to HUD data as of 2023, there were 227 mortgage originations in Madison, NC, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Madison, NC. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 227 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Madison, NC
Madison, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 68 |
Total Units Section 8 | 12 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $700 | $850 |
| 2 Bedroom | -$250 | $1,250 | $1,000 |
| 3 Bedroom | -$190 | $1,500 | $1,310 |
| 4 Bedroom | N/A | N/A | $1,510 |
Affordability — Madison, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $209,000 |
| Median Household Income | $53,100 |