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Madison, NC
Full City Profile · North Carolina · Rockingham County County
3.0
/5.0
B
Good
2,198
Population
621/sq mi density
$49,964
Median Income
$31,423 per capita
$144,900
Home Value
$216,589 Zillow
$730
Median Rent
18.9% income on rent
58°F
Avg Temperature
305 sunny days/yr
547
Violent Crime/100K
4,465 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$49,964 median income, 4.8% unemployment
A+
Affordability
5.0 / 5.0
$144,900 home value, $730/mo rent
F
Safety
1.0 / 5.0
547 violent crimes/100K (44% above avg)
C
Education
2.4 / 5.0
17.5% bachelor's degree or higher
Housing Overview
Median Home Value
$144,900
49% below
US avg: $281,900
Median Rent
$730/mo
37% below
US avg: $1,163/mo
Homeownership Rate
61.1%
7% below US avg (65.4%)
Total Housing Units
1,125
Median year built: 1961
Home Value by Source
Census Median
$144,900
Zillow (ZHVI)
$216,589
Median Sale Price
$279,000
Median List Price
$421,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
61.1%
Owner-Occupied
38.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,227/mo
1 Bedroom
$1,429/mo
2 Bedroom
$1,567/mo
3 Bedroom
$1,905/mo
4 Bedroom
$2,629/mo
Census median rent:
$730/mo
Market Indicators (Redfin)
Median Days on Market
75 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$141
Active Inventory
6
homes for sale
Affordability & Housing Stock
Rent Burden
18.9%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
61.1%
Complete Housing Data
Home Values
| Census Median Value | $144,900 |
| Zillow Home Value (ZHVI) | $216,589 |
| Median Sale Price | $279,000 |
| Median List Price | $421,500 |
| Price Per Sq Ft | $141 |
Rent
| Census Median Rent | $730 |
| FMR Studio | $1,227 |
| FMR 1-Bedroom | $1,429 |
| FMR 2-Bedroom | $1,567 |
| FMR 3-Bedroom | $1,905 |
| FMR 4-Bedroom | $2,629 |
Market
| Days on Market | 75 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 6 |
| Price Per Sq Ft | $141 |
Ownership & Stock
| Owner-Occupied | 61.1% |
| Renter-Occupied | 38.9% |
| Homeownership Rate | 61.1% |
| Total Housing Units | 1,125 |
| Median Year Built | 1961 |
| Rent Burden | 18.9% |