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Foreclosure Homes in New Madison, OH 45346

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New Madison, OH Foreclosures

How much do homes sell for in New Madison, OH?
The average home price is currently $208,733.
In New Madison, OH, how many homes are available?
There are currently 5 active home listings available in New Madison.
What’s the average rental cost in New Madison, OH?
The average rental price in New Madison is $1,184.
What is the most expensive home in New Madison?
The most expensive home sold in New Madison had a price of $782,318.
What is currently the cheapest priced home in New Madison, OH?
The cheapest home for sale in New Madison is priced at $13,989.

Living in New Madison, OH

New Madison is a quaint village in Ohio, known for its close-knit community and serene surroundings. With a small-town charm, it offers a rural lifestyle while being just a short drive away from larger cities for more urban amenities. The area is characterized by its local parks and recreational activities, making it ideal for families and outdoor enthusiasts.

Current Market Conditions in New Madison, OH

The real estate market in New Madison has been experiencing steady growth over the past few years, with increased demand for single-family homes due to the village's appealing lifestyle.

Many families and young professionals are moving to New Madison, attracted by its affordability and community-oriented living. This shift has led to a competitive housing market, with homes selling at a faster rate compared to previous years.

Home Value Estimator For New Madison, OH

There are currently 727 real estate properties in New Madison, OH, with a median automated valuation model (AVM) price of $177,254.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New 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 New Madison, OH, is $208,733.00, with the most expensive house in New Madison, OH, topping out at $782,318.00 and the cheapest home in New Madison, OH, clocking in at $13,989.00. In other words, there’s something for every potential homebuyer or savvy investor in New Madison, OH!

Rent Prices In New Madison, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Madison, OH, is on a rollercoaster ride. The average rent price in New Madison, OH, is $1,184.00. Indeed, when looking to rent in New Madison, OH, you can expect to pay as little as $700.00 or as much as $2,170.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in New 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.

New Madison, OH 45346 Foreclosures

Market Trend for New Madison, OH

Total Listings Available: 5

Market Values:

Home Prices from $13,989 to $782,318

Average Sales Price: $208,733

Rental Values:

Rental from $700 to $2,170

Average Rent Value: $1,184 / month

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