Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$320,250+2.2% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$69,423About 0.8× the local median income ($84,632): affordable for a typical household
Days on market47 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.1%Zillow expects prices to rise slightly
The typical home in Madison County, OH is worth $320,250, up 2.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $283,986, so the area is 12.8% overvalued. It is a balanced market, leaning toward buyers: homes take about 47 days to sell, listings are up 32% from a year ago, 25% of listings have had a price cut. Zillow expects prices to rise about 2.1% over the next year. A household needs about $69,423 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $84,632. Typical rent is $1,629 a month, or $2,253 for a house. In the latest IRS figures, 458 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$320,250
Change in 1 year
+2.2%
Overvalued %
+12.8%
Show 7 more
Fair home value
$283,986
Change in 5 years
+22.1%
Zillow forecast, next 12 months
+2.1%
Home value to income
3.8×
Monthly mortgage payment (20% down)
$1,736
Income needed to afford it
$69,423
Property tax rate
1.02%
Rent and investing
Typical rent
$1,629
Typical rent for houses
$2,253
Price-to-rent ratio
16.4×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,602
Gross rental yield
6.11%
Cap rate (estimate)
3.97%
Market activity
Listings vs a year ago
+32.4%
Days on market
47
Listings with a price cut
25.4%
Show 3 more
Homes for sale
90
Pending sales per 100 listings
69
Asking price per sq ft
$211
People and jobs
Median household income
$84,632
Population change (1 year)
+2.6%
Unemployment rate
3.5%
Show 4 more
Population
46,985
Income adjusted for cost of living
$88,620
Net moves in (IRS)
+458
Cost of living (US = 100)
95.5
Schools, risk and environment
School rating (1 to 10)
6.5
FEMA hazard risk score (0 to 100)
24.9
Unhealthy air days a year
8
Show 4 more
Flood risk score
41.5
Wildfire risk score
2.9
Walkability (1 to 20)
5.4
Road, rail and air noise
54 dB
Questions people ask
Is Madison County, OH overvalued?
Home prices in Madison County, OH are well above what local incomes have historically supported: fair value is about $283,986, so the area is 12.8% overvalued.
Is Madison County, OH a buyer's or seller's market?
Madison County, OH is a balanced market, leaning toward buyers: homes take about 47 days to sell, listings are up 32% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Madison County, OH?
Home values in Madison County, OH are up 2.2% over the last year. Zillow's forecast for the next 12 months is +2.1%.
How much do you need to earn to buy a home in Madison County, OH?
A household needs about $69,423 a year to afford the typical home in Madison County, OH at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $84,632.