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) | 88 transactions |
| Active Listings | 200 properties |
| Avg Days on Market | 363 days |
Rural Land Sales (1+ Acres) (Mar 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $12,929 |
| Recent Sales | 85 transactions |
| Avg Days on Market | 191 days |
| Avg Parcel Size | 14.75 acres |
| Active Listings | 158 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Mar 2026New | 5.00 | $126,000 | $25,200 | Long Branch Rd #2 | Marshall |
| Mar 2026New | 53.00 | $375,000 | $7,075 | 671 Island Hollow Rd | Hot Springs |
| Feb 2026 | 16.26 | $290,000 | $17,835 | 726 Lower White Oak Rd | Marshall |
| Feb 2026 | 9.93 | $152,500 | $15,358 | 28743-7762 7762 | Hot Springs |
| Feb 2026 | 9.93 | $152,500 | $15,358 | 9999 Plum Tree Holler Dr | Hot Springs |
| Feb 2026 | 12.50 | $300,000 | $24,000 | 1659 Holcombe Branch Rd | Weaverville |
| Feb 2026 | 3.12 | $16,000 | $5,128 | 98 Fireside Trl | Marshall |
| Feb 2026 | 2.45 | $120,000 | $49,020 | Smith Creek Rd | Mars Hill |
| Feb 2026 | 1.63 | $49,900 | $30,613 | 175 Blackberry Cove Dr #11 | Mars Hill |
| Feb 2026 | 1.50 | $23,000 | $15,333 | 221 Crooked Creek Rd | Mars Hill |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Jan 2026 | 12.54 | $245,000 | $19,537 | 15 Our Way Dr | Mars Hill |
| Jan 2026 | 29.65 | $382,500 | $12,901 | Paint Fork Rd | Mars Hill |
| Jan 2026 | 60.00 | $200,000 | $3,333 | 0 Anderson Cove Rd | Marshall |
| Jan 2026 | 29.65 | $382,500 | $12,901 | 3625 Paint Fork Rd | Mars Hill |
| Jan 2026 | 2.21 | $175,000 | $79,186 | 3641 French Broad Pkwy #5 | Marshall |
| Jan 2026 | 9.70 | $105,000 | $10,825 | Sweetwater Rd | Marshall |
| Jan 2026 | 8.47 | $62,000 | $7,320 | 54 Flint Gap Dr | Marshall |
| Jan 2026 | 1.98 | $32,500 | $16,414 | 445 White Oak Way | Hot Springs |
| Jan 2026 | 4.60 | $38,500 | $8,370 | 0 Gentry Farm Dr | Hot Springs |
| Jan 2026 | 62.92 | $237,000 | $3,767 | Bluff Mountain Rd #Hot | Hot Springs |
| Dec 2025 | 26.00 | $521,000 | $20,038 | Gabriels Ln | Mars Hill |
| Dec 2025 | 1.51 | $20,000 | $13,245 | Whispering Woods Path | Mars Hill |
| Dec 2025 | 68.93 | $837,500 | $12,150 | 7550 Meadows Town Rd | Marshall |
| Dec 2025 | 1.38 | $85,000 | $61,594 | 9999 Settlers Trl #49 | Mars Hill |
| Dec 2025 | 11.50 | $95,500 | $8,304 | 1362 Anson G Betts Rd | Marshall |
| Nov 2025 | 5.54 | $13,500 | $2,437 | 0 Running Bear Rd | Hot Springs |
| Nov 2025 | 9.36 | $53,000 | $5,662 | Glen Valley Dr #205-206-207 | Weaverville |
| Nov 2025 | 7.49 | $55,000 | $7,343 | 1616 Meadow Fork Rd | Hot Springs |
| Nov 2025 | 5.00 | $35,000 | $7,000 | Guntertown Rd | Marshall |
| Nov 2025 | 21.77 | $300,000 | $13,780 | 1305 Riddle Farm Rd | Marshall |
| Oct 2025 | 1.10 | $100,000 | $90,909 | 999 Airport Rd #34 | Mars Hill |
| Oct 2025 | 8.20 | $77,000 | $9,390 | Henry Worley Ln | Marshall |
| Oct 2025 | 13.05 | $205,000 | $15,709 | 240 Thunderhead Dr | Marshall |
| Oct 2025 | 60.00 | $373,000 | $6,217 | 9486 Meadow Fork Rd | Hot Springs |
| Sep 2025 | 28.32 | $375,000 | $13,242 | 6370 Meadows Town Rd | Marshall |
| Sep 2025 | 1.30 | $20,000 | $15,385 | 19 Trillium Ln Unit 19 | Mars Hill |
| Sep 2025 | 1.00 | $45,000 | $45,000 | 1540 Tillery Branch Rd | Marshall |
| Sep 2025 | 16.50 | $170,000 | $10,303 | 9999 Henry Worley Ln | Marshall |
| Sep 2025 | 1.07 | $80,000 | $74,766 | 9999 Settlers Trl #50 | Mars Hill |
| Sep 2025 | 6.28 | $55,000 | $8,758 | Caldwell Mountain Rd | Hot Springs |
| Sep 2025 | 2.42 | $40,000 | $16,529 | 5595 Meadow Fork Rd | Hot Springs |
| Sep 2025 | 14.97 | $155,000 | $10,354 | 14544 Us Highway 25 #70 | Hot Springs |
| Aug 2025 | 8.04 | $23,000 | $2,861 | 830 Cove Creek Ln | Weaverville |
| Aug 2025 | 32.65 | $317,000 | $9,709 | Baltimore Branch Rd | Hot Springs |
| Aug 2025 | 20.00 | $100,000 | $5,000 | 1 Culvin Creek Rd | Marshall |
| Aug 2025 | 15.00 | $150,000 | $10,000 | 000 Baileys Branch Rd | Marshall |
| Jul 2025 | 44.89 | $350,000 | $7,797 | 1397 Bee Br | Hot Springs |
| Jul 2025 | 1.13 | $23,000 | $20,354 | 734 Oak Ridge Ln #734 & | Mars Hill |
| Jul 2025 | 10.21 | $132,000 | $12,929 | 222 Indigo Bunting Ln | Marshall |
| Jul 2025 | 26.72 | $330,000 | $12,350 | 0 Laurel Valley Rd | Mars Hill |
| Jul 2025 | 145.00 | $509,000 | $3,510 | 444 Culvin Creek Rd | Marshall |
| Jul 2025 | 26.31 | $530,200 | $20,152 | 547 Long Branch Rd Tract 2 | Marshall |
| Jul 2025 | 1.89 | $30,000 | $15,873 | 225 Red Fox Trl #17 | Marshall |
| Jun 2025 | 10.17 | $287,500 | $28,269 | 443 Long Branch Rd | Mars Hill |
| Jun 2025 | 1.03 | $200,000 | $194,175 | 917 & 918 Upper Haw Dr | Mars Hill |
| Jun 2025 | 2.86 | $70,000 | $24,476 | 111 Blackberry Cove Dr #12 | Mars Hill |
| Jun 2025 | 1.25 | $13,000 | $10,400 | 999 Freedom Ln | Hot Springs |
| Jun 2025 | 1.00 | $85,000 | $85,000 | 134 Phillips Valley Rd | Mars Hill |
| Jun 2025 | 9.45 | $70,000 | $7,407 | Cabin Hollow Dr #11 | Marshall |
| Jun 2025 | 1.56 | $30,000 | $19,243 | 234-235 Hanging Rock Rd | Mars Hill |
| May 2025 | 4.27 | $20,000 | $4,684 | 39 S Valley View Dr | Mars Hill |
| May 2025 | 16.40 | $189,000 | $11,524 | Doe Branch Rd | Marshall |
| May 2025 | 11.00 | $181,000 | $16,455 | 99999 Us Highway 25/70 | Marshall |
| May 2025 | 10.00 | $107,000 | $10,700 | Tbd Walnut Creek Rd | Marshall |
| May 2025 | 3.44 | $30,000 | $8,721 | 9999 Overlook Ln #24 | Marshall |
| May 2025 | 2.15 | $45,000 | $20,930 | 276 Overlook Ln #23 | Marshall |
| May 2025 | 30.00 | $370,000 | $12,333 | 1316 & 1348 Paint Fork Rd | Mars Hill |
| May 2025 | 1.10 | $30,000 | $27,273 | 769 Oak Ridge Ln #769 & 770 | Mars Hill |
| May 2025 | 3.28 | $100,000 | $30,488 | 1419 Ponder Creek Rd | Mars Hill |
| May 2025 | 2.85 | $45,000 | $15,789 | 2504 Upper Paw Paw Rd | Marshall |
| May 2025 | 14.05 | $115,000 | $8,185 | 2182B Meadow Fork Rd | Hot Springs |
| May 2025 | 3.92 | $80,000 | $20,408 | 0 Scotts Trl | Hot Springs |
| May 2025 | 2.80 | $32,000 | $11,429 | 5 Covey Dr | Weaverville |
| Apr 2025 | 4.69 | $43,000 | $9,168 | 78 Spring Falls Dr | Weaverville |
| Apr 2025 | 6.06 | $60,000 | $9,901 | 740 Glen Valley Dr Lot 203 | Weaverville |
| Apr 2025 | 1.20 | $6,000 | $5,000 | Lots 230 231 Hanging Rock Rd | Mars Hill |
| Apr 2025 | 1.10 | $15,200 | $13,818 | 14 Lower Trillium Ln | Mars Hill |
| Apr 2025 | 17.50 | $169,700 | $9,697 | 999 Metcalf Creek Loop | Mars Hill |
| Apr 2025 | 3.40 | $50,000 | $14,706 | 0 Monroe Tipton Rd | Marshall |
| Apr 2025 | 1.06 | $30,000 | $28,302 | 135 Locust Grove Ln Lot 196 | Weaverville |
| Apr 2025 | 10.00 | $84,176 | $8,418 | 3830A Hamburg Rd | Mars Hill |
| Apr 2025 | 5.41 | $200,000 | $36,969 | LOT 2 Bridal Path Trl | Mars Hill |
| Apr 2025 | 8.60 | $130,000 | $15,116 | 0 Silver Mill Rd | Marshall |
| Mar 2025 | 75.00 | $515,000 | $6,867 | 1099 Meadow Fork Rd | Hot Springs |
| Mar 2025 | 5.46 | $250,000 | $45,779 | 935 Calvin Edney Rd | Mars Hill |
Suburban/Urban Land Sales (Under 1 Acre) (Oct 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $150,000 |
| Recent Sales | 3 transactions |
| Avg Days on Market | 116 days |
| Avg Parcel Size | 0.70 acres |
| Active Listings | 42 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Feb 2026 | 0.90 | $13,000 | 229 Hanging Rock Rd | Mars Hill |
| Oct 2025 | 0.61 | $167,000 | 15 Ridge Top Loop | Mars Hill |
| Oct 2025 | 0.60 | $150,000 | 11 Ridge Top Loop | 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.