New Madison, OH housing market
The typical New Madison home is worth about $216,000, up 9% in a year, 13% below the Ohio typical home.
Home values, sales, trends and how New Madison compares with the towns next door — updated as new data is published.
New Madison at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
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| January | New Madison | Ohio |
|---|---|---|
| 2017 | $107,000 | $133,000 |
| 2018 | $108,000 | $141,000 |
| 2019 | $117,000 | $150,000 |
| 2020 | $122,000 | $158,000 |
| 2021 | $141,000 | $178,000 |
| 2022 | $157,000 | $195,000 |
| 2023 | $166,000 | $211,000 |
| 2024 | $175,000 | $224,000 |
| 2025 | $192,000 | $237,000 |
| 2026 | $208,000 | $245,000 |
| August 2026 | $216,000 | $249,000 |
No new homes permitted in 2008
No permits for new homes were issued in New Madison in 2008 or in any year since 2000.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
New Madison's permit office didn't report to the Census in 2008, so the 2008 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,070
HUD's Fair Market Rent for a two-bedroom in New Madison is $1,070 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in New Madison pay a median of $888, so moving in tends to cost more than staying put.
Studio $880 · 4 bedrooms $1,420
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (45346; Darke County, OH), 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, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.