#276813, LORA VANCE, Listing Office: Keller Williams Realty Advantage
Madison Housing Market Report January 2025•Boone County, West Virginia
Housing Prices in Madison, WV
How much do homes in Madison, WV cost?
Median List Price
Based on all homes listed in the last 12 months
The list price of homes in Madison has increased by 56.4% since last year.
Summary: The median home list price in Madison was $172,000 in January 2025, up 56.4% from the previous year, and the median price per square foot was $90.
Median List Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Madison | $110K | $172K | +56.4% |
Danville | $189K | $169K | -10.6% |
Median List Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $73.5K | $121.5K | +65.3% |
33 Bedrooms | $110K | $155.5K | +41.4% |
44 Bedrooms | $267K | $239.9K | -10.1% |
55+ Bedrooms | $625K | $209.5K | -66.5% |
Summary: Madison 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 increased by +65.3%. The home price for 3 bedroom homes increased by +41.4%. The home price for 4 bedroom homes decreased by -10.1%. The home price for 5 bedroom homes decreased by -66.5%.
Housing supply in Madison, WV
How many homes are available in Madison, WV?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
10Last MonthJan 2025 | ||
82 months agoDec 2024 | +25.0 % Change MoMDec – Jan |
Summary: The Madison real estate market had 10 homes for sale in Jan 2025, a 25.0 % increase compared to Dec 2024.
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 1 | 1 | 0.0% |
33 Bedrooms | 4 | 7 | +75.0% |
44 Bedrooms | 2 | 1 | -50.0% |
55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Madison 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 3 bedroom homes increased by +75.0%. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.
Days on Market for Madison, WV
How long does it take to sell a home in Madison, WV?
Average Listing Age
This Year | 1 year ago | Change YoY |
---|---|---|
65 DaysThis YearJan 2025 | ||
325 Days1 year agoJan 2024 | -79.8 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Madison had an average listing age of 65 days in Jan 2025, down by 79.8% compared to the previous year.
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Newest Listings in Madison, WV
What homes are available in Madison, WV?
Nearby markets
Nearby markets aren't available for Madison, WV
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MLS Disclaimers and Copyright
Based on information from Kanawha Valley MLS Inc., for the period 02/01/2023 - 02/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.