Zip 24572 (Madison Heights, VA) Housing

Housing in 24572 Madison Heights, VA is significantly more expensive than the US House Median Value of $338,100. In Madison Heights, the median value of a home is $211,500. However, over the past year this area has seen a larger appreciation than the national average of 8.27%. With an appreciation rate of 14.49%, it's clear that investing in real estate in Madison Heights can be very lucrative and provide a good return on investment.

The median home cost in Madison Heights (zip 24572) is $211,500. Home appreciation the last 10 years has been 60.7%. Home Appreciation in Madison Heights (zip 24572) is up 17.9%.

Average Age of Homes

- The median age of Madison Heights (zip 24572) real estate is 43 years old

The Rental Market in Madison Heights (zip 24572)

- Renters make up 24.5% of the Madison Heights (zip 24572) population
- 0.3% of houses and apartments in Madison Heights (zip 24572), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Madison Heights, Virginia	United States
	7,118.0	139,647,020.0
	47	42
	$211,500	$338,100
	17.9%	16.6%
	51.2%	57.0%
	60.7%	101.1%
	$5.43	$10.98
	$835	$2,690
	67.7%	57.4%
	8.9%	11.2%
	23.4%	31.4%
Vacant Housing
	0.3%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.0%	0.4%
	1.0%	3.6%
	6.9%	4.1%
Value of Owner-Occupied Housing
	4.1%	2.6%
	1.7%	2.4%
	3.0%	2.8%
	3.4%	3.9%
	7.5%	4.5%
	27.2%	11.3%
	27.1%	13.0%
	19.5%	20.1%
	4.6%	13.6%
	0.8%	8.3%
	1.0%	9.7%
	0.0%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.6%	13.6%
	8.6%	13.6%
	12.2%	13.6%
	14.3%	13.2%
	18.1%	14.8%
	12.2%	13.6%
	9.4%	10.0%
	6.4%	4.7%
	9.4%	12.2%

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