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Madison County Housing Market

North Carolina · 100 counties · Ranked #2450 in home value

Below National Avg

Housing at a Glance

Median Home Value

$263,500

vs national$263,500 vs $281,900 national

Median Gross Rent

$764/mo

vs national$764 vs $1,163 national

Effective Tax Rate

0.50%

vs national0.50% vs 1.02% national

Median Household Income

$58,628

vs national$58,628 vs $74,755 national

Affordability Ratio

4.5x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

27.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,307

Tax as % of Home Value

0.50%

Monthly Owner Cost

$722

Renter Income

$33,281

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Mortgage

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Home Search

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Search active listings in Madison County. See photos, prices, and open house dates.

Similar Counties by Home Value

Clay County

North Carolina

$263,300

West Feliciana Parish

Louisiana

$263,200

Southeast Fairbanks Census Area

Explore Related Data

Frequently Asked Questions

What is the median home value in Madison County?

The median home value in Madison County is $263,500. This is below the national median of $281,900.

How much is rent in Madison County?

The median gross rent in Madison County is $764 per month.

What is the property tax rate in Madison County?

The effective property tax rate in Madison County is 0.50%. The median annual property tax bill is $1,307.

Is Madison County affordable?

With a home-value-to-income ratio of 4.5x, Madison County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.