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New Madison, OH—45346

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$201,000
8.7% YoY Growth
Household Income
$81,100
45.1% YoY Growth
Days on Market
117
65.0% Longer YoY
Home Price Forecast
5.3%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — New Madison, OH

As of Dec '25, the median home price in New Madison, OH is $201,000, with a year-over-year change of 8.7%. This indicates that home prices in New Madison, OH are increasing. According to Zillow, the 1-year price projection is 5.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$201,0008.7%
Single Family $201,0008.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$161,00010.3%
    3 Bed
    		$205,0009.0%
    4 Bed
    		$256,00011.3%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    1.6%
    1 Bedroom
    2.8%
    2 Bedrooms
    20.9%
    3 Bedrooms
    48.4%
    4 Bedrooms
    20.1%
    5+ Bedrooms
    6.3%

    Rental Trends — New Madison, OH

    New Madison, OH lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    1.4%
    1 Bedroom
    11.2%
    2 Bedrooms
    30.8%
    3 Bedrooms
    35.0%
    4 Bedrooms
    21.5%

    Property Listings — New Madison, OH

    As of Dec '25, Realtor.com reports that the median days on market for a home in New Madison, OH is 94. This is a increase of 4.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$277,00028.0%
    Listing Count
    		714.0%
    Listings as % of Homes0.6%14.0%
    Days on Market
    		11765.0%
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    Demographics — New Madison, OH

    As of the latest ACS Survey released in 2023, New Madison, OH has a population of 2,020, which has increased by 4.3% over the past 5 years. New Madison, OH is a moderately popular place for families, as children make up 22.9% of the population. The area has a poorly educated workforce, with 17.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		2,0204.3%
    % Under 18
    		22.9%7.0%
    % Seniors
    		20.2%18.1%
    % WFH
    		8.0%321.1%
    % w/ College Degree
    		17.6%24.8%
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    As of the latest ACS Survey released in 2023, New Madison, OH is a predominantly white area, with 97.3% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in New Madison, OH is asian, making up 1.7% of the population. Foreign-born residents account for 1.8% of the population in New Madison, OH, and this percentage has increased by 350.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		97.3%0.0%
    % Black
    		0.0%N/A
    % Hispanic
    		0.2%-66.7%
    % Asian
    		1.7%325.0%
    % Foreign Born
    		1.8%350.0%
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    Mortgage and Risk — New Madison, OH

    According to HUD data as of 2023, there were 54 mortgage originations in New Madison, OH, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in New Madison, OH. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		54
    % Conventional Loans
    		78.0%
    % Government Loans
    		22.0%
    % Investor Loans
    		4.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		7.0%
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    Rentals and Section 8 — New Madison, OH

    New Madison, OH lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		11
    Total Units Section 8
    		11
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$860
    2 BedroomN/AN/A$1,020
    3 BedroomN/AN/A$1,370
    4 BedroomN/AN/A$1,410

    Affordability — New Madison, OH

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2
    Median Home Price$201,000
    Median Household Income$81,100

    New Madison, OH — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions