States · North Carolina · Rockingham County

Madison, North Carolina.

Typical home $225,120 (+5.3% in a year). Greensboro-High Point, NC metro.

What it costs per month · Madison $1,182/mo

to buy the typical home at today's mortgage rate — +$631 (+115%) since Jan 2020.

What the home itself did
1 year
Up $11,277 +5%
$213,843$225,120 since Sep 2025
5 years
Up $37,197 +20%
$187,923$225,120 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Madison $1,182 North Carolina $1,743 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Madison$1,182
  • North Carolina$1,743
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 19 years.

Typical home values in Madison, NC rose 5.3% over the past year — faster than the nation's +1.2%.

Living in Madison, Rockingham County, North Carolina

Madison is a town of 2,129 people in Rockingham County. Half its households earn more than $52,593 a year and half less, against $57,053 across Rockingham County; 8% of its people live below the poverty line. 58% of its homes are lived in by their owners and 42% are rented. Unemployment in Rockingham County was 3.8% in August 2026, and the county had 3.9% fewer jobs in 2025 than the year before. The most people in Rockingham County work in manufacturing, then schools and health care.

People 2,129 in the 2020 census; median age 47.5
Household income $52,593 the median, give or take $9,148 · Rockingham County: $57,053
Unemployment 3.8% Rockingham County, August 2026; 4.5% a year before
Homes 58% lived in by their owners; 42% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Madison is a small town in Rockingham County where residents tend to be older than in much of the country, and where incomes run a little below the county's. A majority of homes are lived in by their owners, and the typical home value sits in a moderate range. Winters are cold but not severe, with some snow, and summers are warm.

Work. Many residents work in manufacturing, in schools, hospitals and social care, and in shops, with professional and business services also employing a good number. Among the largest workplaces in Madison are Unifi Manufacturing, a nylon thread maker, and Food Lion. Jobs across the county have dipped over the past year, and the trip to work is fairly short for most people.

Things to do. The Mayo River runs in or beside town, and Mayo River State Park, a protected area along it, is a short drive away. Farther afield, Hanging Rock State Park is a longer drive, and it is known for its waterfalls, including Window Falls and Hidden Falls. Martinsville Speedway, a race track, is also a longer drive away.

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  • 1,060households
  • 15%of adults have a degree
  • 8%below the poverty line
  • 20 mintypical commute
  • 10%work from home

What people in Rockingham County work in

  • Manufacturing21%
  • Schools, hospitals and social care20%
  • Shops (retail)11%
  • Professional and business services9%
  • Building trades9%
  • Restaurants, hotels and entertainment8%

Employed residents by industry, from the Census survey. Rockingham County had 23,947 jobs in 2025, 3.9% fewer than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 48° and 29°; warmest in July, 87° and 68° 20° 40° 60° 80° J 48° 29° F M A M J J 87° 68° A S O N D
Average daily high and low for each month: coldest in January, 48° and 29°; warmest in July, 87° and 68° 20° 40° 60° 80° J 48° 29° F M A M J J 87° 68° A S O N D

Coldest in January, with highs near 48° and lows near 29°; warmest in July, with highs near 87° and lows near 68°. About 9 inches of snow and 47 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Danbury weather station, 12 miles away (NOAA).

Largest workplaces in Madison

  1. Unifi ManufacturingNylon thread manufacturing227
  2. Food LionGrocery stores88
  3. Cone Health33

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 3 workplaces with 20 or more staff, 348 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. Inland floodingRelatively high
  2. Ice stormsRelatively moderate
  3. Strong windrelatively high in parts of MadisonRelatively moderate
  4. Lightningrelatively high in parts of MadisonRelatively moderate
  5. Winter weatherRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Madison’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Rockingham County and the Greensboro-High Point, NC metro.

Madison home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 Madison $225,120 North Carolina $332,159 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • Madison$225,120
  • North Carolina$332,159
  • United States$366,157

Sellers are cutting prices on about 1 in 3 Madison listings — the market is roughly in balance.

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Share of listings with a price cut

The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.

15% 20% 25% 30% 2026 Madison 30.68% United States 26.90%
15% 20% 25% 30% 2026
  • Madison30.68%
  • United States26.90%

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

20 30 40 2018 2019 2020 2021 2022 2023 2024 2025 2026 Madison 34
20 30 40 2018 2022 2026
  • Madison34

New listings per month

Sellers arriving at the market.

2 5 8 10 12 2026 Madison 10
2 5 8 10 12 2026
  • Madison10

Zip codes with a Madison address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Madison — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Madison