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Foreclosures in New Madison, OH

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New Madison, OH Foreclosures

How much do homes sell for in New Madison, OH?
The average home price is currently $233,955.
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 $2,233,224.
What is currently the cheapest priced home in New Madison, OH?
The cheapest home for sale in New Madison is priced at $13,957.

Living in New Madison, OH

New Madison, OH is a quaint village that embodies the charm of rural Ohio. With its tight-knit community, beautiful surroundings, and easy access to major highways, it provides a peaceful living environment for families and retirees alike. The area is ideal for those seeking a slower-paced lifestyle while remaining connected to nearby urban conveniences.

Current Market Conditions in New Madison, OH

The real estate market in New Madison is currently characterized by affordable housing prices compared to larger urban centers. There has been a consistent demand for single-family homes, particularly among first-time buyers and retirees seeking a quieter lifestyle. The market has shown incremental growth in property values, reflecting a stable interest in the area.

As residents seek affordable housing options away from crowded metropolitan areas, New Madison has seen an influx of buyers interested in its properties. The current market offers a mixture of older homes with character and newer developments, catering to various preferences.

Home Value Estimator For New Madison, OH

There are currently 804 real estate properties in New Madison, OH, with a median automated valuation model (AVM) price of $180,692.00. 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 $233,955.00, with the most expensive house in New Madison, OH, topping out at $2,233,224.00 and the cheapest home in New Madison, OH, clocking in at $13,957.00. 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 Foreclosures

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