Housing · Madison

Madison, OH housing market

Home prices around Madison have risen about 62% over the past 5 years.

Home values, sales, trends and how Madison compares with the towns next door — updated as new data is published.

Price trend

Home prices up 62% in 5 years

The federal house price index for the ZIP codes around Madison rose 62% over the past 5 years, faster than across Ohio (53%). Last year prices rose 6.2%. Carrying the Census median home value forward with that index puts the typical Madison home at roughly $479,000 today.

Past year
+6.2%
Ohio: +4.8%
Past 5 years
+62%
Ohio: +53%
Past 10 years
+104%
Ohio: +93%
Estimated value
$479K
Census median, carried to 2025
Madison areaOhio
−50%0%+50%+100%+150% 200020052010201520202025 2000: 0% since 20002001: +4.3% since 2000 · +4.3% that year2002: +6.9% since 2000 · +2.5% that year2003: +10% since 2000 · +3% that year2004: +12% since 2000 · +1.3% that year2005: +16% since 2000 · +4.2% that year2006: +18% since 2000 · +1.4% that year2007: +17% since 2000 · −0.8% that year2008: +15% since 2000 · −1.4% that year2009: +11% since 2000 · −4.1% that year2010: +11% since 2000 · +0.6% that year2011: +5% since 2000 · −5.6% that year2012: +4.5% since 2000 · −0.4% that year2013: +6% since 2000 · +1.5% that year2014: +7% since 2000 · +0.9% that year2015: +13% since 2000 · +6% that year2016: +16% since 2000 · +1.9% that year2017: +22% since 2000 · +5.9% that year2018: +27% since 2000 · +3.9% that year2019: +37% since 2000 · +7.9% that year2020: +43% since 2000 · +4.3% that year2021: +62% since 2000 · +13% that year2022: +90% since 2000 · +17% that year2023: +107% since 2000 · +9.1% that year2024: +117% since 2000 · +4.9% that year2025: +131% since 2000 · +6.2% that year Madison +131%
Show as a table
YearChange that yearSince 2000Ohio since 2000
2025+6.2%+131%+106%
2024+4.9%+117%+97%
2023+9.1%+107%+84%
2022+17%+90%+70%
2021+13%+62%+50%
2020+4.3%+43%+35%
2019+7.9%+37%+29%
2018+3.9%+27%+23%
2017+5.9%+22%+16%
2016+1.9%+16%+11%
2015+6%+13%+6.7%
2014+0.9%+7%+3.1%
2013+1.5%+6%−0.2%
2012−0.4%+4.5%−0.4%
2011−5.6%+5%+1.3%
2010+0.6%+11%+5.1%
2009−4.1%+11%+8.9%
2008−1.4%+15%+12%
2007−0.8%+17%+15%
2006+1.4%+18%+17%
2005+4.2%+16%+16%
2004+1.3%+12%+12%
2003+3%+10%+8.5%
2002+2.5%+6.9%+6.7%
2001+4.3%+4.3%+4.3%
2000———

Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 43130, 43102, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.

Nearby

Madison and its neighbors

The towns that share a border. Tap one to see its housing page.
Town1-yr change2-bed rentNew homes 2025Median income
Madison +6.2%† $1,150 — $94,653
Clearcreek +7.2%† $1,160 — $97,500
Hocking +5.3%† $1,170 9 $86,958
Perry −8.3%† $1,090 — $59,229

† FHFA price index change, where Zillow has no home value for the town.

Affordability

2.8 years of income

The typical Madison home costs about 2.8 years of the town's median household income, less than across Ohio (3.5 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
83.3%
Ohio: 67.2%
Median tax bill
$2,738
Ohio: $2,822
Median rent
$1,121
Ohio: $1,034
Typical home built
1996
Ohio: 1970

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,150

HUD's Fair Market Rent for a two-bedroom in Madison is $1,150 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Madison pay a median of $1,121. A two-bedroom takes about 15% of the town's median household income.

1 bedroom
$960
a month, with utilities
2 bedrooms
$1,150
a month, with utilities
3 bedrooms
$1,380
a month, with utilities
Share of income
15%
2 bedrooms ÷ median income

Studio $890 · 4 bedrooms $1,550

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (43102, 43130; Columbus, OH HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Madison

Ohio · OH · Fairfield County
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/15 · 2025-01-01