Housing in Madison, OH

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$178,000

Median List Price

$142,900

Price Per Sq Ft

$151

Days on Market

27

Active Inventory

12

Months of Supply

4.0

Balanced market

Zillow Home Value

$222,057

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 30.5%List Price 21.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

33.3%

Off Market in 2 Weeks

66.7%

Sale-to-List Ratio

98.9%

Buyer's market

Sold Above Asking
33.3%
Under Contract in 2 Wks
66.7%
Listings with Price Drops
16.7%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

7

Pending Sales

3

Homes Sold 66.7%New Listings 250.0%Pending 40.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$151

Median List $/SF

$112

Sale $/SF 2.7%List $/SF 19.4%Mar 24Jan 26

Madison vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Madison is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$190,900

Median Rent

$888

Total Housing Units

1,427

Vacancy Rate

7.0%

Owner Occupied

91.5%

Renter Occupied

8.5%

Median Property Tax

$3,258

per year

Monthly Cost (w/ Mortgage)

$1,263

Housing Types

Single Family
90.4%
Multi-Family
9.6%
Mobile Home
0.0%

The current median sale price in Madison, OH is $178,000 according to Redfin data. Homes spend a median of 27 days on the market. 33.3% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $151. The median rent is $888 per month (Census ACS). About 91.5% of housing units are owner-occupied. The median year homes were built is 1977. There are 1,427 total housing units.