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Foreclosure Homes in Madison, OH

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Madison, OH Foreclosures

How much do homes sell for in Madison, OH?
The average home price is currently $245,816.
In Madison, OH, how many homes are available?
There are currently 49 active home listings available in Madison.
What’s the average rental cost in Madison, OH?
The average rental price in Madison is $1,266.
What is the most expensive home in Madison?
The most expensive home sold in Madison had a price of $25,791,076.
What is currently the cheapest priced home in Madison, OH?
The cheapest home for sale in Madison is priced at $15,037.

Living in Madison, OH

Madison, OH is a picturesque lakeside town that offers a serene lifestyle with a blend of suburban comforts and outdoor excitement. The community features great schools, charming local businesses, and easy access to Lake Erie for recreational activities. With its friendly atmosphere and strong community spirit, Madison is an excellent place for families and individuals alike.

Current Market Conditions in Madison, OH

The current real estate market in Madison, OH is trending positively, with a steady demand for residential properties. Home sales have increased due to buyers seeking a quieter lifestyle, making Madison an attractive option for those looking to escape urban living. The average price of homes is experiencing a gradual increase as the market remains competitive.

Investors are particularly keen on the influx of new families moving into the area, which showcases the potential for rental properties as demand continues to rise. This trend hints at a growing community, further enhancing the appeal of Madison as a desirable location.

Home Value Estimator For Madison, OH

There are currently 7,448 real estate properties in Madison, OH, with a median automated valuation model (AVM) price of $218,547.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Madison, 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 Madison, OH, is $245,816.00, with the most expensive house in Madison, OH, topping out at $25,791,076.00 and the cheapest home in Madison, OH, clocking in at $15,037.00. In other words, there’s something for every potential homebuyer or savvy investor in Madison, OH!

Rent Prices In Madison, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Madison, OH, is on a rollercoaster ride. The average rent price in Madison, OH, is $1,266.00. Indeed, when looking to rent in Madison, OH, you can expect to pay as little as $690.00 or as much as $2,440.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Madison, 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.

Madison, OH Foreclosures


Market Trend for Madison, OH

Total Listings Available: 49

Market Values:

Home Prices from $15,037 to $25,791,076

Average Sales Price: $245,816

Rental Values:

Rental from $690 to $2,440

Average Rent Value: $1,266 / month

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