Madison

Located 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 relative to its size. The current market shows 61 active listings, with a median home price of $199,900 and a price per square foot of $188. Typical homes average 1,612 square feet, offering a reasonable balance between price and space for buyers. The median household income of $95,313 supports solid purchasing power within the local market, which may contribute to the community's high homeownership levels. Families with children will find the Madison LSD Lake district (district code 4303) serving the area. The combination of a tight, predominantly owner-occupied housing stock and a relatively modest median price point suggests limited inventory turnover, meaning buyers should expect competition when well-priced properties become available. Overall, the data reflects a stable, established residential market with consistent demand.

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