Madison

Situated in Lake County, this small Ohio community of 3,427 residents currently shows 71 active listings with a median home price of $200,000 and a price per square foot of $188. The average home size of 1,605 square feet reflects a market that caters largely to owner-occupants, with a notable 91.5% owner-occupied rate suggesting strong residential stability. Household finances here are relatively healthy, with a median household income of $95,313 that positions buyers well against current pricing. Families with school-age children are served by the Madison LSD Lake district (district code 4303). The combination of accessible median pricing and high owner-occupancy suggests a market where residents tend to put down long-term roots rather than cycling through rentals or investment properties. Buyers entering at current price points are looking at a modest but stable community with limited inventory relative to the demand signals that high ownership rates typically reflect.

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