Madison, VA 22727 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Madison, VA—22727

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$405,000

0.8% YoY Growth

Household Income

$70,700

30.9% YoY Growth

Days on Market

54.0% Shorter YoY

Home Price Forecast

0.3%

Median Rent

$1,600

15.3% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,300

8.3% YoY Growth

3-Bed Rent

$1,600

15.7% YoY Growth

Home Price Trends — Madison, VA

As of Nov '25, the median home price in Madison, VA is $405,000, with a year-over-year change of 0.8%. This indicates that home prices in Madison, VA are flat. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$405,000	0.8%
Single Family	$405,000	1.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Madison, VA

As of July '25, Rentcast reports the average rent in Madison, VA is $1,720, with a year-over-year rent change of -15.3%. Per bedroom, the median rent as of July '25 in Madison, VA is 2-bedrooms: $1,300, 3-bedrooms: $1,940. The most common rental property sizes in Madison, VA are 3-bedroom and 2-bedroom, accounting for 48.3% and 29.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,600	$1,720
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,300	$1,300
3 Bed Rent	$1,600	$1,940
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

5.2%

1 Bedroom

9.6%

2 Bedrooms

29.5%

3 Bedrooms

48.3%

4 Bedrooms

7.5%

Property Listings — Madison, VA

As of Nov '25, Realtor.com reports that the median days on market for a home in Madison, VA is 45. This is a decrease of -54.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$500,000	-7.0%
Listing Count	22	25.0%
Listings as % of Homes	0.9%	25.0%
Days on Market	45	-54.0%

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Demographics — Madison, VA

As of the latest ACS Survey released in 2023, Madison, VA has a population of 5,780, which has increased by 3.4% over the past 5 years. Madison, VA is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 28.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,780	3.4%
% Under 18	20.6%	-12.0%
% Seniors	25.5%	31.4%
% WFH	9.4%	-2.1%
% w/ College Degree	28.3%	24.7%

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As of the latest ACS Survey released in 2023, Madison, VA is a predominantly white area, with 83.3% of the population identifying as white. The white population has grown by 4.5% in the last 5 years. The second most common race or ethnicity in Madison, VA is hispanic, making up 6.0% of the population. Foreign-born residents account for 4.4% of the population in Madison, VA, and this percentage has increased by 300.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	83.3%	4.5%
% Black	5.2%	-46.4%
% Hispanic	6.0%	62.2%
% Asian	0.0%	-100.0%
% Foreign Born	4.4%	300.0%

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Mortgage and Risk — Madison, VA

According to HUD data as of 2023, there were 105 mortgage originations in Madison, VA, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Madison, VA. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	105
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	3.0%
% Second Loans	4.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Madison, VA

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

Section 8 Market Size

Total Units under HUD	20
Total Units Section 8	20
% Rentals under Section 8	3.1%
% Occupied Section 8	88.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$830
2 Bedroom	-$300	$1,300	$1,000
3 Bedroom	-$360	$1,600	$1,240
4 Bedroom	N/A	N/A	$1,470

Madison, VA—22727

Key Metrics at a Glance

Home Price Trends — Madison, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Madison, VA

% of Rental Stock

Property Listings — Madison, VA

Demographics — Madison, VA

Race and Ethnicity

Mortgage and Risk — Madison, VA

Mortgages

Rentals and Section 8 — Madison, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Madison, VA

Home Price to Income Ratio

Madison, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Aroda, VA

Banco, VA

Haywood, VA

Aroda, VA

Aroda, VA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.2
Median Home Price	$405,000
Median Household Income	$70,700

Madison, VA—22727

Key Metrics at a Glance

Home Price Trends — Madison, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Madison, VA

% of Rental Stock

Property Listings — Madison, VA

Demographics — Madison, VA

Race and Ethnicity

Mortgage and Risk — Madison, VA

Mortgages

Rentals and Section 8 — Madison, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Madison, VA

Home Price to Income Ratio

Madison, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Aroda, VA

Banco, VA

Haywood, VA

Aroda, VA

Aroda, VA

Frequently Asked Questions

What is the average home price in Madison, VA 22727?

How have home prices in Madison, VA 22727 changed over the past year?

What is the home price projection for Madison, VA 22727?

What are the demographics of Madison, VA 22727?

How long does it take homes to sell in Madison, VA 22727?

What is the average rent price in Madison, VA 22727?