New - 1 day on Rocket
$2,197 Closing Credit¹
#1171053, Stacy Pranger, Listing Office: Gate City Property Management
Madison Township Housing Market Report January 2025•Rockingham County, North Carolina
Housing Prices in Madison Township, NC
How much do homes in Madison Township, NC cost?
Housing Market Conditions
Is Madison Township, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Madison Township is a Buyer's Market
Difference Since January 2024
At the same time last year, Madison Township was a Seller's Market.
Insight
Madison Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$207,000$164/SqFt
-$13,000
-5.9%
Based on all homes sold in the last 12 months
Insight
Homes in Madison Township have sold for 5.9% less than they did a year ago.
Summary: The median home sold price in Madison Township was $207,000 in January 2025, down 5.9% from last year, and the median price per square foot was $164.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Mayo Township | $220K | $288K | +30.9% |
| Madison | $239K | $240.7K | +0.7% |
| Madison Township | $220K | $207K | -5.9% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $119.3K | $62.7K | -47.4% |
| 22 Bedrooms | $136.7K | $174.5K | +27.6% |
| 33 Bedrooms | $232K | $237K | +2.2% |
| 44 Bedrooms | $330K | $349.4K | +5.9% |
| 55+ Bedrooms | - | $364K | N/A |
Summary: Madison Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -47.4%. The home price for 2 bedroom homes increased by +27.6%. The home price for 3 bedroom homes increased by +2.2%. The home price for 4 bedroom homes increased by +5.9%. The home price for 5 bedroom homes did not change.
Housing supply in Madison Township, NC
How many homes are available in Madison Township, NC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 43Last MonthJan 2025 | ||
| 362 months agoDec 2024 | +19.4 % Change MoMDec – Jan |
Summary: The Madison Township real estate market had 43 homes for sale in Jan 2025, a 19.4 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthJan 2025 | ||
| 52 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 14 | 19 | +35.7% |
| 33 Bedrooms | 17 | 19 | +11.8% |
| 44 Bedrooms | 4 | 4 | 0.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Madison Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +35.7%. The inventory for 3 bedroom homes increased by +11.8%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Madison Township, NC cost?
Over Asking Price2 Homes
At Asking Price0 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Madison Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Madison Township in January 2025, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and and 40% were sold over asking.
Days on Market for Madison Township, NC
How long does it take to sell a home in Madison Township, NC?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days1 Home
Over 90 Days2 Homes
Insight
Many homes in Madison Township are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 5 homes were sold in Madison Township; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 76 DaysThis YearJan 2025 | ||
| 29 Days1 year agoJan 2024 | +160.9 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Madison Township had an average listing age of 76 days in Jan 2025, up by 160.9% compared to the previous year.
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Newest Listings in Madison Township, NC
What homes are available in Madison Township, NC?
New - 4 days on Rocket
$1,578 Closing Credit¹
#1170437, Amber Evans, Listing Office: Pickering & Company Inc.
New - 6 days on Rocket
$1,780 Closing Credit¹
#1170590, Jeff Biggs, Listing Office: JEFF BIGGS REALTY, INC
$2,316 Closing Credit¹
#1169662, Zelda Neal, Listing Office: eXp Realty
$2,138 Closing Credit¹
#1169235, Kris Cayton, Listing Office: A New Dawn Realty, Inc
$2,434 Closing Credit¹
#1169072, Christy Haynes, Listing Office: Hodges Realty
$7,719 Closing Credit¹
#1168992, Kim Martin, Listing Office: Century 21 Total Real Estate Solutions, LLC
$1,247 Closing Credit¹
#1168797, Lisa Pfefferkorn, Listing Office: Coldwell Banker Advantage
$1,543 Closing Credit¹
#1168780, Lisa Pfefferkorn, Listing Office: Coldwell Banker Advantage
$1,366 Closing Credit¹
#1168804, Lisa Pfefferkorn, Listing Office: Coldwell Banker Advantage
$2,363 Closing Credit¹
#1168454, Lauren Byers, Listing Office: Keller Williams Realty Elite
#1168299, Christy Carroll, Listing Office: Southern Roots Realty Group
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MLS Disclaimers and Copyright
Based on information from Triad MLS Inc, for the period 02/01/2023 - 02/01/2025
Copyright © 2025 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 7:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.