Madison

Tucked into Lake County, this small Ohio community of roughly 3,400 residents carries a notably high owner-occupied rate of 91.5%, signaling a stable, settled population with strong attachment to local homeownership. The median household income of $95,313 supports a market where the median home price of $215,000 remains accessible relative to earnings. Buyers currently have 47 active listings to consider, with homes averaging 1,090 square feet and pricing out at $190 per square foot. That combination points to a compact housing stock that skews toward modest single-family properties rather than larger suburban builds. Madison Local School District serves the area, which tends to be a factor buyers weigh carefully in a community this size. With limited inventory and a high share of owner-occupants, turnover is measured, and homes that are priced accurately for the market tend to move without extended days on market.

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