Madison

Situated in Lake County, this small Ohio community of 3,427 residents carries a notably high owner-occupied rate of 91.5%, signaling strong residential stability and limited rental turnover. The current market shows 48 active listings with a median home price of $217,450 and a price per square foot of $190. Homes average 1,090 square feet, reflecting a modest but functional housing stock that aligns with the area's profile. The median household income of $95,313 positions buyers here with reasonable purchasing power relative to local price points, suggesting the market remains accessible without significant affordability strain. Families with children fall under the Madison LSD Lake district, school code 4303. The combination of high homeownership, a contained inventory of 48 listings, and income levels well above the national median creates a market where demand tends to be steady and properties are unlikely to sit without attention from qualified buyers.

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