Why Live in Madison Heights
Madison Heights is a suburban neighborhood in Amherst County, located just across the James River from Lynchburg. Known for its small-town charm and slower pace, it provides a more affordable housing market compared to Lynchburg, with the median home price significantly lower than the national average. The area features a mix of homes, from early 1900s builds to those constructed between 1970 and the early 2000s, with recent developments focusing on multifamily housing like the new Town Center apartment complex. Commuters benefit from a direct 3 to 5-mile drive to Lynchburg, accessible via the Lynchburg Expressway or Amherst Highway, or by taking the Greater Lynchburg Transit buses. Madison Heights is home to James River Adventures, offering guided kayak tours that highlight local history and wildlife. Although Riversedge Park is in a flood zone, the neighborhood generally doesn't face flooding issues. Residents often travel to Lynchburg for farmers markets and dining, despite having local chain restaurants and shopping centers. The Amherst County Sheriff’s Office oversees safety, noting a recent decrease in violent crimes but an increase in nonviolent ones. The community is connected through local schools, though they receive mixed ratings, and features a variety of events like car shows and 5Ks.
Home Trends in Madison Heights, VA
On average, homes in Madison Heights, VA sell after 46 days on the market compared to the national average of 50 days. The median sale price for homes in Madison Heights, VA over the last 12 months is $257,500, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$257,500
Median Single Family Sale Price
$262,500
Average Price Per Sq Ft
$166
Number of Homes for Sale
31
Last 12 months Home Sales
191
Median List Price
$269,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%