Madison

Located in Lake County, this small Ohio community of 3,427 residents carries a notably high owner-occupied rate of 91.5 percent, signaling a stable and committed resident base. The local market currently shows 62 active listings, with a median home price of $194,900 and a price per square foot of $194. Homes in the area average 1,597 square feet, offering a reasonable amount of space relative to the median price point. The median household income of $95,313 suggests buyers in this market have solid purchasing power, which likely supports consistent demand even at modest inventory levels. Families with children typically enroll in Madison LSD Lake (district 4303), making school district boundaries a relevant consideration for prospective buyers. Overall, the combination of limited supply, strong homeownership rates, and above-average household income positions Madison as a relatively tight and stable residential market within Lake County.

Market description generated from current MLS and U.S. Census data.