Madeira, OH Foreclosures
How much do homes sell for in Madeira, OH?
The average home price is currently $604,568.
What’s the average rental cost in Madeira, OH?
The average rental price in Madeira is $2,315.
What is the most expensive home in Madeira?
The most expensive home sold in Madeira had a price of $1,929,307.
What is currently the cheapest priced home in Madeira, OH?
The cheapest home for sale in Madeira is priced at $70,800.
Living in Madeira, OH
Madeira, Ohio is a delightful suburb of Cincinnati, showcasing a strong sense of community and excellent school systems. The area offers abundant recreational opportunities through its parks and events, ideal for families and individuals. With its serene environment and accessible amenities, Madeira is a perfect place for both relaxing and active lifestyles.
Current Market Conditions in Madeira, OH
The real estate market in Madeira is currently robust, with a healthy demand for family homes. The area has seen steady appreciation in property values over the past few years, driven by its desirable location, quality schools, and strong community involvement.
Investors should note that properties in Madeira have a relatively low inventory, indicating a competitive market. Homebuyers are often faced with bidding wars, making it a promising location for real estate investments.
Home Value Estimator For Madeira, OH
There are currently 40 real estate properties
in Madeira, OH,
with a median automated valuation model (AVM) price
of $540,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Madeira, OH, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Madeira, OH,
is $604,568.00, with the most expensive house
in Madeira, OH, topping out
at $1,929,307.00 and the cheapest home
in Madeira, OH,
clocking in at $70,800.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Madeira, OH!
Rent Prices
In Madeira, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Madeira, OH, is on
a rollercoaster ride. The
average rent price in Madeira, OH,
is $2,315.00. Indeed, when looking to rent in
Madeira, OH, you can expect to pay as little
as $1,700.00 or as much
as $3,180.00,
with the average rent median estimated to
be $2,500.00. The good news is that finding
an affordable and desirable property to rent in Madeira, OH
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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