Why Live in Madison Woods
Madison Woods, located in the western part of Greensboro, is a suburban neighborhood known for its mix of mid-20th-century homes and recent developments like the Cannon Crossing subdivision. The area features a variety of home styles, including ranch-style, Cape Cod, and Colonial Revival, with new townhouses also available. Streets are generally quiet with minimal traffic, allowing for safe walking despite the lack of sidewalks. Madison Woods is home to a mix of renters and owners, with properties typically set on quarter-acre lots shaded by mature trees. Families in the neighborhood have access to Guilford County Schools, including the highly rated Jefferson Elementary School, which participates in the Positive Behavior Intervention Support program. For recreation, residents can visit the nearby Hamilton Lakes Park, a 60-acre retreat with nature trails and birdwatching opportunities, or drive 3 miles to Leonard Recreation Center for indoor and outdoor sports facilities. The neighborhood's shopping needs are met by Quaker Village, which includes a Walmart Neighborhood Market and Harris Teeter, along with diverse dining options such as Taqueria El Azteca and Elizabeth's Pizza. For nightlife, Breakers offers a local hangout with pool and dart competitions. Madison Woods is conveniently located near the Greensboro Urban Loop, providing easy access to downtown Greensboro 6 miles away and Piedmont Triad International Airport 7 miles west.
Frequently Asked Questions
Is Madison Woods a good place to live?
Madison Woods is a good place to live. Madison Woods is considered car-dependent and somewhat bikeable. Madison Woods is a suburban neighborhood. Madison Woods has 6 parks for recreational activities. It is fairly sparse in population with 4.2 people per acre and a median age of 35. The average household income is $62,308 which is below the national average. College graduates make up 34.4% of residents. A majority of residents in Madison Woods are renters, with 72.6% of residents renting and 27.4% of residents owning their home. A
local real estate agent serving Madison Woods can help you decide if this neighborhood is the right one for you. Learn more on our
Madison Woods neighborhood guide.
How much do you need to make to afford a house in Madison Woods?
The median home price in Madison Woods is $399,900. If you put a 20% down payment of $80,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,070 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $89K a year to afford the median home price in Madison Woods. The average household income in Madison Woods is $62K.
What are the best public schools in Madison Woods?
The best public schools that serve Madison Woods are:
- Grimsley High School has an A Niche grade, a student teacher ratio of 19:1 and an average review score of 4.1.
- Brooks Global Studies School has an A- Niche grade, a student teacher ratio of 14:1 and an average review score of 3.7.
- Kiser Middle School has a B+ Niche grade, a student teacher ratio of 16:1 and an average review score of 2.2.
What are the best private schools in Madison Woods?
The best private schools that serve Madison Woods are:
What are the most popular zip codes in Madison Woods, Greensboro, NC?
What are the most popular neighborhoods near Madison Woods, Greensboro, NC?
Are home prices dropping in Madison Woods?
Yes, home prices in Madison Woods are down 32% in the last 12 months.
Home Trends in Madison Woods, NC
On average, homes in Madison Woods, Greensboro sell after 238 days on the market compared to the national average of 70 days. The median sale price for homes in Madison Woods, Greensboro over the last 12 months is $340,000, down 32% from the median home sale price over the previous 12 months.
Median Sale Price
$340,000
Median Single Family Sale Price
$45,000
Median 1 Bedroom Sale Price
$340,000
Average Price Per Sq Ft
$329
Number of Homes for Sale
3
Last 12 months Home Sales
5
Median List Price
$399,900
Median Change From 1st List Price
15%
Median Home Sale Price YoY Change
-32%
