Why Live in Madison Heights
Madison Heights, VA, is a quiet suburban area situated across the James River from Lynchburg. Known for its lower housing prices and county taxes compared to Lynchburg, Madison Heights offers a slower pace of life with small-town charm. The community is closely connected around local schools, and residents often work at nearby institutions such as Liberty University, local colleges, manufacturing plants, and medical facilities like Centra Lynchburg General Hospital. The town features homes built from the early 1900s to the early 2000s, with sparse new construction, including a few homes built in 2024 in the northern part of town. Multifamily housing developments, such as the Town Center apartment complex, are more common. Commuters can reach Lynchburg in about 10 minutes via the Lynchburg Expressway or Amherst Highway, with Greater Lynchburg Transit buses following Route 5 for convenient access. While residential streets are narrow and lack sidewalks, they provide ample yard space. Madison Heights features local attractions like James River Adventures, offering guided kayak and batteau tours, and Riversedge Park, which has views of downtown Lynchburg and a river trail. Although the park is in a flood zone, the town overall does not have flooding concerns. Residents often visit Lynchburg for farmers markets and dining options. The Amherst County Sheriff’s Office reported a 9% decrease in violent crimes from 2022 to 2023, indicating a safer environment compared to the national average.
Home Trends in Madison Heights, VA
On average, homes in Madison Heights, VA sell after 42 days on the market compared to the national average of 70 days. The median sale price for homes in Madison Heights, VA over the last 12 months is $278,000, down 13% from the median home sale price over the previous 12 months.
Median Sale Price
$278,000
Median Single Family Sale Price
$315,000
Average Price Per Sq Ft
$207
Number of Homes for Sale
8
Last 12 months Home Sales
47
Median List Price
$309,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-13%