Is Madison Heights a buyer's or seller's market right now?

Madison Heights is currently a seller's market with 2.1 months of supply. 37.5% of homes sell above asking price, and 37.5% go pending within two weeks. The Ridley Sell Score for Madison Heights is 61/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Madison Heights?

The median home price in Madison Heights is $251,950, up 7.3% year-over-year. The median price per square foot is $160. Homes sell in a median of 23 days with a sale-to-list ratio of 97.8%.

How much does it cost to sell a home in Madison Heights, Virginia?

On a $251,950 home in Madison Heights, a traditional listing agent charges around $7,559 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $20,156 or more. With Ridley Essentials ($999) you save $6,560, and with Ridley Pro ($3,499) you save $4,060 while getting full agent support.

How does Ridley's flat fee compare to a traditional Madison Heights agent?

A traditional Madison Heights listing agent typically charges 3% of the sale price — about $7,559 on a $251,950 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $6,560–$4,060 compared to a traditional agent.

How long does it take to sell a home in Madison Heights?

The median home in Madison Heights currently spends 23 days on the market before going under contract, down 32% from last year. 37.5% of homes go pending within two weeks. At a 97.8% sale-to-list ratio, sellers are seeing some negotiation. Only 35.3% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Virginia?

No. Virginia does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $251,950 home, that could save you up to $4,060.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Virginia. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $7,559 commission.

National/Virginia

Madison Heights, VA

Is Now a Good Time to Sell in Madison Heights, Virginia?

The median home in Madison Heights sells for $251,950 with prices up 7.3% year-over-year. The average seller pays $7,559 in commissions — Ridley’s flat fee saves you $4,060.

Madison Heights Real Estate Market Conditions — April 2026

61out of 100

Ridley Sell Score

How it's scored →

Moderate

61/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Madison Heights market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Watch for competing listings dropping prices — come in sharp from day one. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors sellers

2.1 months of supply — below the 5-month balanced threshold — 9% below the Virginia average of 2.3.

Price MomentumNeutral

Prices up 7.3% year-over-year — vs. +6.3% statewide.

Seller LeverageNeutral

Homes selling at 97.8% of asking — buyers are negotiating 2.2% below list. Virginia average is 97.6%.

Bidding ActivityFavors sellers

37.5% of homes selling above list price — 38% above the Virginia average of 27.2%.

Sale SpeedFavors sellers

23 median days on market — 45 days faster than the Virginia average.

Market UrgencyFavors sellers

37.5% of listings go pending within 2 weeks — vs. 30.1% statewide.

Price StabilityFavors buyers

35.3% of listings have dropped their price — accurate initial pricing is critical. Virginia average is 14.6%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$251,950

+7.3%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

-32%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$160

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

97.8%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

2.1

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

37.5%

Moderate demand

Price Drops

Percentage of active listings that had a price reduction.

35.3%

Price carefully

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

37.5%

Moderate pace

12-Month Price Trend

$259,000 → $251,950

▼2.7%

$280K$260K$240K$220K

MayJulSepNovJanMarApr

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Madison Heights — delivered monthly.

Your savings

How much can you save selling your home in Madison Heights?

The average Madison Heights homeowner saves $4,060 by selling with Ridley instead of paying the traditional 3% listing commission on a $251,950 home.

$0Estimated savings

That could furnish your new living room — save 1.6% of your home value

Your Madison Heights home value

$251,950

$50,000$10M

Traditional Agent (3%)

$7,559

Ridley Pro (flat fee)

$3,499

Ready to sell in Madison Heights?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Madison Heights?

The total cost to sell a house in Madison Heights in 2026 ranges from $999 with Ridley Essentials to approximately $7,559 with a traditional 3% commission on a $251,950 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$7,559	$3,499	$999	$0
Buyer agent	$7,0552.8% avg	$5,039~2% avg	$5,039~2% avg	$7,0552.8% avg
Closing costs (~1.5%)	$3,779	$3,779	$3,779	$3,779
Total cost	$18,393	$12,317	$9,817	$10,834
Net proceeds	$233,557	$239,633	$242,133	$241,116
You save	—	$6,076	$8,576	$7,559No support