London

Situated in Madison County, this small central Ohio city of about 10,400 residents presents an unusually affordable entry point into homeownership, with a median home price of $27,999 and a price per square foot of just $16. Average home sizes run approximately 1,776 square feet, meaning buyers can acquire substantial space at a fraction of what comparable square footage would cost in larger metro markets. The owner-occupied rate of 64.1% reflects a community where residents tend to put down roots, supported by a median household income of $60,364. Families with children are served by the Madison-Plains Local School District. The current market is exceptionally tight, with only one active listing available, which limits options for prospective buyers but may signal low turnover among existing homeowners. Those flexible enough to wait for inventory should monitor the market closely, as properties at this price point can move quickly when they do appear.

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