Home Values

Madison County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Madison County is $86, which is higher than the Richmond Metro average of $84. The median price of homes currently listed in Madison County is $149,900 while the median price of homes that sold is $129,875.

Foreclosures will be a factor impacting home values in the next several years. In Madison County 0.4 homes are foreclosed (per 10,000). This is lower than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Madison County is 3.8%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Madison County homeowners underwater on their mortgage is 19.9%.

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Relative ZHVI
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Madison County Market Overview

Data through Jan 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $149,900 Median listing price
  • $129,875 Median sale price
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Madison County Market Health

Data through Jan 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 19.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Counties

Name Median ZHVI
Fayette County $151,300
Jessamine County $128,100
Lincoln County $89,500

Listings & Sales

Data through Jan 31, 2015
  • $86 Median list price / sq ft
  • $81 Median sale price / sq ft
  • No data Listings with price cut
43.0%
Sold below listing
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Madison County Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,053 Madison County
    $1,002 Richmond Metro
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • $0.66 Rent list price / sq ft
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