3 days on Rocket
#VAKG2006144, Kandy M. Moore, Listing Office: RMG Realty
James Madison Housing Market Report February 2025•King George County, Virginia
Housing Prices in James Madison, VA
How much do homes in James Madison, VA cost?
Housing Market Conditions
Is James Madison, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
James Madison is a Neutral Market
Difference Since February 2024
At the same time last year, James Madison was a Seller's Market.
Insight
James Madison 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
$469,450$206/SqFt
+$19,451
+4.3%
Based on all homes sold in the last 12 months
Insight
Homes in James Madison have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in James Madison was $469,450 in February 2025, up 4.3% from last year, and the median price per square foot was $206.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| King George | $439.9K | $471.6K | +7.2% |
| James Monroe | $422.5K | $450K | +6.5% |
| James Madison | $449.9K | $469.4K | +4.3% |
| George Washington | $435K | $430K | -1.1% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $258K | N/A |
| 22 Bedrooms | $290.8K | $300K | +3.1% |
| 33 Bedrooms | $439.9K | $435K | -1.1% |
| 44 Bedrooms | $462.5K | $489.5K | +5.8% |
| 55+ Bedrooms | $497.4K | $548.7K | +10.3% |
Summary: James Madison housing price by bedroom type for February 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 +3.1%. The home price for 3 bedroom homes decreased by -1.1%. The home price for 4 bedroom homes increased by +5.8%. The home price for 5 bedroom homes increased by +10.3%.
How does James Madison, VA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
James Madison, VA
Housing supply in James Madison, VA
How many homes are available in James Madison, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 34Last MonthFeb 2025 | ||
| 302 months agoJan 2025 | +13.3 % Change MoMJan – Feb |
Summary: The James Madison real estate market had 34 homes for sale in Feb 2025, a 13.3 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthFeb 2025 | ||
| 82 months agoJan 2025 | -37.5 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 0 | -100.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 10 | 13 | +30.0% |
| 44 Bedrooms | 15 | 18 | +20.0% |
| 55+ Bedrooms | 4 | 3 | -25.0% |
Summary: James Madison housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +30.0%. The inventory for 4 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes decreased by -25.0%.
Asking Price vs. Sold Price
How much do homes in James Madison, VA cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price2 Homes
Insight
If you're buying a home in James Madison, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in James Madison in February 2025, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and and 20% were sold over asking.
Days on Market for James Madison, VA
How long does it take to sell a home in James Madison, VA?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days2 Homes
Over 90 Days1 Home
Insight
Many homes in James Madison are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 5 homes were sold in James Madison; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 43 DaysThis YearFeb 2025 | ||
| 61 Days1 year agoFeb 2024 | -29.5 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in James Madison had an average listing age of 43 days in Feb 2025, down by 29.5% compared to the previous year.
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Newest Listings in James Madison, VA
What homes are available in James Madison, VA?
7 days on RocketBackup offers
#VAKG2006130, Daniel Carpenter-Hughes, Listing Office: Samson Properties
$6,318 Closing Credit¹
#VAKG2006076, Koontz Campbell, Listing Office: RE/MAX Supercenter
$6,233 Closing Credit¹
#VAKG2006048, Michelle Wilson, Listing Office: CENTURY 21 New Millennium
$10,000 Closing Credit¹
#VAKG2005982, Tracy Lynn Bucior, Listing Office: Coldwell Banker Elite
$4,750 Closing Credit¹
#VAKG2005994, Justin L Brown, Listing Office: Berkshire Hathaway HomeServices PenFed Realty
Backup offers
$5,047 Closing Credit¹
#VAKG2006028, Felton M Trusel Jr., Listing Office: CTI Real Estate
$6,638 Closing Credit¹
#VAKG2006026, Brandon Childress, Listing Office: United Real Estate Premier
Backup offers
$5,937 Closing Credit¹
#VAKG2006012, MONIQUE LANGEVIN, Listing Office: NextHome Advantage
Backup offers
$6,175 Closing Credit¹
#VAKG2006002, Michael S Webb, Listing Office: RE/MAX Allegiance
$6,174 Closing Credit¹
#VAKG2005984, Alexander L Belcher, Listing Office: Belcher Real Estate, LLC.
$7,480 Closing Credit¹
#VAKG2005986, Christina Burroughs, Listing Office: Coldwell Banker Elite
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 03/01/2023 - 03/01/2025
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. 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: 3/13/2025, 9:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.