Madeira, OH Foreclosures
How much do homes sell for in Madeira, OH?
The average home price is currently $656,872.
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 $1,836,679.
What is currently the cheapest priced home in Madeira, OH?
The cheapest home for sale in Madeira is priced at $125,800.
Living in Madeira, OH
Madeira, OH is a charming suburb of Cincinnati characterized by its friendly neighborhoods and excellent school system. With a variety of local amenities, beautiful parks, and a close-knit community atmosphere, it's an ideal choice for families and individuals alike. Enjoy the best of suburban living with easy access to Cincinnati's urban attractions.
Current Market Conditions in Madeira, OH
The real estate market in Madeira, OH, has remained competitive, reflecting the desirable nature of the area. Homes here are highly sought after, and in recent months, inventory levels have decreased while demand remains steady, leading to an increase in home values overall.
The market has seen a trend towards more families seeking suburban living, which has prompted rising prices. The small inventory paired with high demand has resulted in bidding wars for quality listings.
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 $544,121.00. 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 $656,872.00, with the most expensive house
in Madeira, OH, topping out
at $1,836,679.00 and the cheapest home
in Madeira, OH,
clocking in at $125,800.00. 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.