Real Estate Price Maphome prices by county

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…

Data as of · by the Real Estate Price Map data team · methodology & sources

Madison County is flat and overvalued — a stretch for what people here earn.

Momentum+0.6%Flat
Valuation+39%High bubble risk
Affordability5/10Stretched
Market63 daysBalanced

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

Typical value$395,4172026-05
1-year+0.6%
5-year+25.3%
10-year+80.4%
Since 2000n/a
Population22k2024
Median income$59,5052023 · 6.6× income
Median rent$1,663/mo2026 · 5.0% gross yield
New homes/yr1552024
Price / sq ft$287listings
Days on market632026-06
Active listings1492026-06
Price cuts19%of listings

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 →

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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?
The typical home in Madison County is worth $395,417 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Madison County rising or falling?
Prices are up +0.6% over the past year and n/a since 2000 — a balanced market.
Is Madison County affordable?
At 6.6× the local median income of $59,505, Madison County is pricier than the typical US county.
What is the rental yield in Madison County?
Median rent is $1,663/mo — a gross rental yield of 5.0% on the typical home.
How fast do homes sell in Madison County?
Homes here take a median of 63 days to sell, with 19% of listings cutting their asking price.
Median home value by year
YearMedian 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