Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 21,640 ↑ 2.1% since 2020 |
| Median Household Income | $58,628 21% below national median |
| Median Home Value | $263,500 |
| Unemployment Rate | 2.6% |
| Median Age | 44.5 years |
| Housing Vacancy Rate | 25.0% |
| Total Land Sales (Past 12 Months) | 200 transactions |
| Active Listings | 200 properties |
| Avg Days on Market | 363 days |
Rural Land Sales (1+ Acres) (Feb 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $14,568 |
| Recent Sales | 170 transactions |
| Avg Days on Market | 359 days |
| Avg Parcel Size | 14.40 acres |
| Active Listings | 158 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 5.00 | $126,000 | $25,200 | Marshall |
| Mar 2026 | 53.00 | $375,000 | $7,075 | Hot Springs |
| Feb 2026 | 16.26 | $290,000 | $17,835 | Marshall |
| Feb 2026 | 9.93 | $152,500 | $15,358 | Hot Springs |
| Feb 2026 | 9.93 | $152,500 | $15,358 | Hot Springs |
| Feb 2026 | 12.50 | $300,000 | $24,000 | Weaverville |
| Feb 2026 | 3.12 | $16,000 | $5,128 | Marshall |
| Feb 2026 | 2.45 | $120,000 | $49,020 | Mars Hill |
| Feb 2026 | 1.63 | $49,900 | $30,613 | Mars Hill |
| Feb 2026 | 1.50 | $23,000 | $15,333 | Mars Hill |
Suburban/Urban Land Sales (Under 1 Acre) (Oct 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $32,000 |
| Recent Sales | 30 transactions |
| Avg Days on Market | 382 days |
| Avg Parcel Size | 0.60 acres |
| Active Listings | 42 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Feb 2026 | 0.90 | $13,000 | Mars Hill |
| Oct 2025 | 0.61 | $167,000 | Mars Hill |
| Oct 2025 | 0.60 | $150,000 | Mars Hill |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 21,640 |
| Population (2020) | 21,193 |
| Population Growth | 2.11% |
| Median Household Income | $58,628 |
| Median Home Value | $263,500 |
| Total Housing Units | 11,201 |
| Vacant Housing Units | 2,802 |
| Housing Vacancy Rate | 25.0% |
| Median Age | 44.5 |
| Bachelor's Degree or Higher | 3,327 (15.4%) |
| Unemployment Rate (BLS) | 3.3% |
Market Overview
Madison County, North Carolina has a population of 21,640, which has grown 2.11% since 2020. The median household income is $58,628, below the national median of $74,580 by 21.4%. With a median home value of $263,500 and an unemployment rate of 3.3%, the local economy is moderate. The housing vacancy rate of 25.0% suggests soft market conditions. Madison County remains a key area for land acquisition in North Carolina. Recent rural land sales show a median price of $14,568 per acre, with properties averaging 14.40 acres. There are currently 200 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Madison County, North Carolina?
As of the 2023 American Community Survey, Madison County has a population of 21,640. The county has grown 2.11% since the 2020 Census, indicating a growing community.
What is the median household income in Madison County?
The median household income in Madison County is $58,628, which is 21.4% below the national median of $74,580.
Is Madison County growing or shrinking?
Madison County is growing. The population has increased 2.11% since 2020.
What is the housing market like in Madison County?
The median home value in Madison County is $263,500. The housing vacancy rate is 25.0%, which suggests soft market conditions. The unemployment rate is 3.3%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $14,568 per acre. Suburban/urban lots under 1 acre have a median lot price of $32,000.
Does Reelvest buy land in Madison County, North Carolina?
Yes! Reelvest Properties buys vacant land throughout North Carolina, including Madison County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.