A typical Madison Township home is worth roughly $177,000
Home prices around Madison Township have risen about 53% over the past 5 years.
What stands out about housing in Madison Township
Home prices up 53% in 5 years
The federal house price index for the ZIP codes around Madison Township rose 53% over the past 5 years, about the same as across Ohio. Last year prices fell 9.9%. Carrying the Census median home value forward with that index puts the typical Madison Township home at roughly $177,000 today.
Carrying the Census median forward with the index puts a typical home at about $177K.
How Madison Township ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Madison Township, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 2.3 years of income
Less than across Ohio (3.6 years). Try your own numbers below.
That covers a typical Madison Township home, with $115K to spare.
A two-bedroom rents for about $970 a month here, $120 less than owning.
How Madison Township ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Madison Township’s typical property tax (1.10% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $970
Renters already here pay a median of $625, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Toledo, OH MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
84% of Madison Township households own their home
Half of Madison Township’s homes were built before 1952.
Ohio: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Madison Township vs. its neighbors
Madison Township is the 2nd least expensive of 4 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Madison Township | $177K* | −9.9%† | $970 | — | $77,137 |
| Woodville Township | $192K* | −1.7%† | $970 | 2 | $84,141 |
| Washington Township | $222K* | −2.9%† | $980 | 0 | $86,167 |
| Scott Township | $171K* | — | $980 | 2 | $76,250 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Madison Township buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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. The calculator is an estimate, not a loan offer.