Is Madison, WV 25130 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Madison is a seller’s market. With about 3.8 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.8Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list101.8%Sold price ÷ list price
Median days on market69Listing to accepted offer
Median price per sq ft$76▼ −32.6% vs. last year

The Madison housing market right now

In the three months ending August 31, 2026, 20% of homes in Madison, WV 25130 sold above their list price, the typical home went under contract in 69 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold more slowly (22 days then) and the median sale price fell 20% to $130,444. Overall, Madison is less competitive than a year ago, which gives buyers more room.

Within Boone County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in 67%.

Nearby, buyers who want less competition could look at Julian 25529 (0% sold over asking) or Racine 25165 (0% sold over asking), while Seth 25181 (100% sold over asking) and Sylvester 25193 (100% sold over asking) are even more competitive.

Nearby markets

Comfort 25049 — /sq ftDanville 25053Seller’s market $100 /sq ftFoster 25081 $138 /sq ftJeffrey 25114 — /sq ft Browse all markets →

Where Madison is

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Questions about Madison real estate

Is Madison a buyer’s or seller’s market?

A seller’s market: there were 3.8 months of supply in Madison, WV 25130 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Madison?

The typical home went under contract in 69 days in the latest three months.

Do homes in Madison sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 101.8% of the list price.

What are property taxes in Madison?

About 0.67% of a home’s value a year in Boone County, or roughly $2,680 on a $400,000 home.

What is the median home price in Madison?

The median sale price was $130,444 in the three months ending August 31, 2026, about $76 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology