22727 — Madison County, Virginia Market Snapshot

Housing market data for zip code 22727 in Madison County, Virginia. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

14 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$490,000

Closed sales

Days to Sell

55

Median, listing to close

Homes Sold

14

Closed in 2026

Inventory

20

Sale-to-List

98.3%

New Listings

23

Price/SqFt

$226

Pending Sales

22

Conforming Loan Available

Most homebuyers in 22727 can comfortably use conventional financing. The median home price of $490,000 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

22727's market is balanced with homes taking an average of 55 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

Homes are selling very close to asking price in 22727 (98.3% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 22727 can comfortably use conventional financing. The median home price of $490,000 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 22727 are set at the county level.

2026 Loan Limits — Madison County

Property Units Conforming Limit FHA Limit
1 Unit$1,209,750$541,287
2 Units$1,548,975$693,050
3 Units$1,872,225$837,700
4 Units$2,326,875$1,041,125

Affordability Snapshot — Zip 22727

To purchase the median home at $490,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,904.

Monthly Payment

$3,904

Income Required

$167,324

Principal & Interest

$3,019/mo

Down Payment (5%)

$24,500

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 22727.

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Estimated Monthly Payment

$3,183

Principal & Interest$2,543
Property Tax$490
Insurance$150
Loan Amount$392,000
Total Interest$523,300
Income Required$136,393/yr

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