Madison

Located in Lake County, this small Ohio community of 3,427 residents currently shows 64 active listings, giving buyers a reasonable selection to evaluate. The median home price sits at $225,000, with properties averaging 1,683 square feet and a price per square foot of $196. Those figures reflect a modestly sized housing stock at accessible price points relative to broader regional markets. The owner-occupied rate of 91.5% signals a predominantly settled, stable residential base with relatively low renter turnover. Household finances appear solid, with a median household income of $95,313 that positions most residents comfortably in relation to the current median home price. Families with children would fall under the Madison LSD Lake (district 4303) school system. The combination of high ownership rates, above-average incomes, and a contained inventory suggests the local market holds its value with limited speculative pressure, making it a practical consideration for buyers seeking stability in a smaller Lake County community.

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