Housing in New Madison, OH

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

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$115,000

Median List Price

$125,000

Price Per Sq Ft

$88

Days on Market

252

Active Inventory

Months of Supply

3.0

Seller's market

Zillow Home Value

$197,981

ZHVI — January 2026

Price Trends

Source: Redfin

Sale Price ↓ 18.2%List Price ↑ 8.7%Apr 24 → Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

100.0%

Seller's market

Sold Above Asking

0.0%

Market Activity

Source: Redfin

Homes Sold

New Listings

Homes Sold ↑ 0.0%New Listings ↑ 0.0%Pending ↑ 0.0%Apr 24 → Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$88

Median List $/SF

$70

Sale $/SF ↑ 15.8%List $/SF ↓ 20.5%Apr 24 → Dec 25

New Madison vs Similar Cities

Source: Census ACS / Redfin (2023)

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

Median Home Value

24th%ilemost expensive$107,800show rank

Median Rent

38th%ilemost expensive rent$850show rank

Median Price Per Sq Ft

14th%ilemost expensive $/sqft$88show rank

Rent Burden

29th%ilehighest rent burden15.8%show rank

Census Housing Data

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

Median Home Value

$107,800

Median Rent

$850

Total Housing Units

352

Vacancy Rate

2.8%

Owner Occupied

75.4%

Renter Occupied

24.6%

Median Property Tax

$1,123

per year

Monthly Cost (w/ Mortgage)

$648

Housing Types

Single Family

95.5%

Multi-Family

4.5%

Mobile Home

0.0%

The current median sale price in New Madison, OH is $115,000 according to Redfin data. Homes spend a median of 252 days on the market. 0.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $88. The median rent is $850 per month (Census ACS). About 75.4% of housing units are owner-occupied. The median year homes were built is 1950. There are 352 total housing units.