The Madison housing market is very competitive. The median sale price of a home in Madison was $235K last month, up 38.2% since last year. The median sale price per square foot in Madison is $130, down 23.1% since last year.
In October 2024, Madison home prices were up 38.2% compared to last year, selling for a median price of $235K. On average, homes in Madison sell after 40 days on the market compared to 37 days last year. There were 6 homes sold in October this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$235,000
+38.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Madison, OH
$235,000
+38.2%
United States
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How hot is the Madison housing market?
Madison is very competitive. Homes sell in 15 days.
0
100
87
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 15 days.
Hot homes
can sell for about 4% above list price and go pending in around 8 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Madison housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Madison.
Flood Factor - Minor
22% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Madison has a minor risk of flooding. 208 properties in Madison are likely to be
severely affected
by flooding over the next 30 years. This represents 22% of all properties in Madison. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Madison has a moderate risk of wildfire. There are 28 properties in Madison that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Madison.