Madison County, NC home prices
Madison County, NC: the typical home is worth $395,417 as of 2026-05, up +0.6% over the past year and n/a since 2000. Listings run about $287/sq ft. Rent…
Madison County is flat and overvalued — a stretch for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1998: $187,002 → 2026: $395,417 (2.1×) pre-2000 estimated via FHFA index
Market read
At $395,417, homes in Madison County sit 44% above the North Carolina median ($275,414) and 69% above the US median ($233,954). That ranks #21 of 100 North Carolina counties by price.
Prices are holding steady (+0.6% in the last year) — a balanced market.
Homes here take a while to sell — a median 63 days on the market, with 19% of listings cutting their asking price.
At 6.6× local income, that's pricier than the typical US county (~3.8×).
Against the typical US price-to-income and price-to-rent, homes here look ~39% expensive for local incomes and rents.
Renting looks cheaper — buying the typical home runs ~$1,952/mo (P&I, 20% down) vs $1,663/mo to rent.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Buncombe County, NC ($456,884) · Yancey County, NC ($320,247) · Cocke County, TN ($246,345) · Greene County, TN ($252,901) · Unicoi County, TN ($248,849) · Haywood County, NC ($348,872)
Frequently asked questions
What is the average home price in Madison County, NC?
Are home prices in Madison County rising or falling?
Is Madison County affordable?
What is the rental yield in Madison County?
How fast do homes sell in Madison County?
| Year | Median home value |
|---|---|
| 2009 | $207,348 |
| 2010 | $194,967 |
| 2011 | $185,463 |
| 2012 | $181,742 |
| 2013 | $187,430 |
| 2014 | $193,014 |
| 2015 | $199,009 |
| 2016 | $219,231 |
| 2017 | $236,178 |
| 2018 | $245,055 |
| 2019 | $243,469 |
| 2020 | $258,882 |
| 2021 | $309,226 |
| 2022 | $364,490 |
| 2023 | $362,158 |
| 2024 | $381,634 |
| 2025 | $394,902 |
| 2026 | $396,150 |