New - 16 hours on Rocket
$5,878 Closing Credit¹
Meredith Parsons, Listing Office: Tyler Redhead & McAlister Real Estate, LLC
Madison Township Housing Market Report December 2024•Guilford 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 Neutral Market
Difference Since December 2023
At the same time last year, Madison Township was a Seller's Market.
Insight
Madison Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$299,900$175/SqFt
+$39,900
+15.3%
Based on all homes sold in the last 12 months
Insight
Homes in Madison Township have sold for 15.3% more than they did a year ago.
Summary: The median home sold price in Madison Township was $299,900 in December 2024, up 15.3% from last year, and the median price per square foot was $175.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Madison Township | $260K | $299.9K | +15.3% |
| Washington Township | $259.9K | $281K | +8.1% |
| Monroe Township | $375.7K | $395.2K | +5.2% |
| Mc Leansville | $300K | $294.5K | -1.8% |
| Browns Summit | $342.5K | $330K | -3.6% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $212.5K | $135K | -36.5% |
| 22 Bedrooms | $136.7K | $180K | +31.6% |
| 33 Bedrooms | $265K | $288K | +8.7% |
| 44 Bedrooms | $335K | $399.1K | +19.1% |
| 55+ Bedrooms | $855K | $376K | -56.0% |
Summary: Madison Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -36.5%. The home price for 2 bedroom homes increased by +31.6%. The home price for 3 bedroom homes increased by +8.7%. The home price for 4 bedroom homes increased by +19.1%. The home price for 5 bedroom homes decreased by -56.0%.
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 |
|---|---|---|
| 45Last MonthDec 2024 | ||
| 492 months agoNov 2024 | -8.2 % Change MoMNov – Dec |
Summary: The Madison Township real estate market had 45 homes for sale in Dec 2024, a 8.2 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 7Last MonthDec 2024 | ||
| 92 months agoNov 2024 | -22.2 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 11 | 12 | +9.1% |
| 33 Bedrooms | 28 | 23 | -17.9% |
| 44 Bedrooms | 9 | 9 | 0.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Madison Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +9.1%. The inventory for 3 bedroom homes decreased by -17.9%. 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 Price3 Homes
At Asking Price1 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Madison Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Madison Township in December 2024, down by 22.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and and 43% 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 Days4 Homes
30 – 90 Days3 Homes
Over 90 Days0 Home
Insight
Many homes in Madison Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 7 homes were sold in Madison Township; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 23 DaysThis YearDec 2024 | ||
| 26 Days1 year agoDec 2023 | -10.3 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Madison Township had an average listing age of 23 days in Dec 2024, down by 10.3% compared to the previous year.
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Newest Listings in Madison Township, NC
What homes are available in Madison Township, NC?
New - 2 days on Rocket
$1,900 Closing Credit¹
Jeff Biggs, Listing Office: JEFF BIGGS REALTY, INC
New - 3 days on Rocket
$2,138 Closing Credit¹
Christine Barnes, Listing Office: Mark Spain Real Estate
New - 6 days on Rocket
$3,680 Closing Credit¹
Zachary Ingram, Listing Office: eXp Realty
$4,691 Closing Credit¹
Jacqueline Mosley, Listing Office: Wilkinson Triad Realty
$4,394 Closing Credit¹
Gwendolyn Alston, Listing Office: THE ALSTON REALTY GROUP, INC.
$6,411 Closing Credit¹
Shaunna Overman, Listing Office: Allen Tate Oak Ridge Commons
$3,384 Closing Credit¹
Kara Davenport, Listing Office: Berkshire Hathaway HomeServices Yost & Little Realty
$1,360 Closing Credit¹
Naomi Cooke, Listing Office: Berkshire Hathaway HomeServices Carolinas Realty
$4,869 Closing Credit¹
Eden Combs, Listing Office: Realty One Group Results Reidsville
$1,186 Closing Credit¹
Lisa Pfefferkorn, Listing Office: Coldwell Banker Advantage
$2,731 Closing Credit¹
Landon Stone, Listing Office: eXp Realty
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MLS Disclaimers and Copyright
Based on information from Triad MLS Inc, and Doorify MLS for the period 01/01/2023 - 01/01/2025
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: 1/17/2025, 10:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.