22709 Housing Market Report May 2025Madison County, Virginia

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Housing Prices in 22709, VA

How much do homes in 22709, VA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$475,000$293/SqFt
+$20,750
+4.6%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 22709 has increased by 4.6% since last year.

Summary: The median home list price in 22709 was $475,000 in May 2025, up 4.6% from the previous year, and the median price per square foot was $293.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
22732
+31.4%
22709
+4.6%
22727
+2.4%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1--
N/A
2$214.9K$282.5K
+31.5%
3$429.9K$482.4K
+12.2%
4$975K$620K
-36.4%
5$1.1M$469.9K
-60.5%

Summary: 22709 housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +31.5%. The home price for 3 bedroom homes increased by +12.2%. The home price for 4 bedroom homes decreased by -36.4%. The home price for 5 bedroom homes decreased by -60.5%.

How does 22709, VA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

22709, VA

Housing supply in 22709, VA

How many homes are available in 22709, VA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
4Last MonthMay 2025
32 months agoApr 2025
+33.3 %
Change MoMApr – May

Summary: The 22709 real estate market had 4 homes for sale in May 2025, a 33.3 % increase compared to Apr 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
201
+100.0%
322
0.0%
411
0.0%
500
0.0%

Summary: 22709 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes remained the same. 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 22709, VA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price1 Home

Insight

If you're buying a home in 22709, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 22709 in May 2025, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.

Days on Market for 22709, VA

How long does it take to sell a home in 22709, VA?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in 22709 are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 2 homes were sold in 22709; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
62 DaysThis YearMay 2025
92 Days1 year agoMay 2024
-32.1 %
Change YoYMay 2024 – May 2025

Summary: Homes in 22709 had an average listing age of 62 days in May 2025, down by 32.1% compared to the previous year.

Newest Listings in 22709, VA

What homes are available in 22709, VA?

Nearby markets

MLS Disclaimers and Copyright

Based on information from Harrisonburg-Rockingham Association of Realtors MLS, for the period 06/01/2023 - 06/01/2025

Broker Reciprocity The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS®. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers' 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 provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS® does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright © 2025 Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 11:45:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.