22719 Housing Market Report January 2025•Madison County, Virginia

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Housing Prices in 22719, VA

How much do homes in 22719, 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.
$1,669,700$375/SqFt
-$580,300
-25.8%

Based on all homes listed in January 2025

Insight

The list price of homes in 22719 has decreased by 25.8% since December.

Summary: The median home list price in 22719 was $1,669,700 in January 2025, down 25.8% from the previous month, and the median price per square foot was $375.

Median List Price By City

Median List Price By City
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
22740
-20.0%
22719
-25.8%

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.
BedsDec 2024Jan 2025Change YoY
1--
N/A
2--
N/A
4--
N/A
5$2.6M$2.9M
+14.3%
3$339.9K$339.9K
0.0%

Summary: 22719 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes increased by +14.3%. The home price for 3 bedroom homes did not change.

Housing supply in 22719, VA

How many homes are available in 22719, 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
2Last MonthJan 2025
32 months agoDec 2024
-33.3 %
Change MoMDec – Jan

Summary: The 22719 real estate market had 2 homes for sale in Jan 2025, a 33.3 % decrease compared to Dec 2024.

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.
BedsDec 2024Jan 2025Change MoM
100
0.0%
200
0.0%
400
0.0%
521
-50.0%
311
0.0%

Summary: 22719 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 remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 22719, 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 Price1 Home

At Asking Price0 Home

Under Asking Price0 Home

Insight

If you're buying a home in 22719, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 22719 in January 2025, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.

Days on Market for 22719, VA

How long does it take to sell a home in 22719, VA?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in 22719 are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 1 homes were sold in 22719; 100% 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.
Last Month1 month agoChange MoM
191 DaysLast MonthJan 2025
187 Days1 month agoDec 2024
+2.1 %
Change MoMDec – Jan

Summary: Homes in 22719 had an average listing age of 191 days in Jan 2025, up by 2.1% compared to the previous month.

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Newest Listings in 22719, VA

What homes are available in 22719, VA?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Harrisonburg-Rockingham Association of Realtors MLS, for the period 12/01/2024 - 02/01/2025

Broker Reciprocity2025 Harrisonburg-Rockingham Association of REALTORS®. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 3:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.