Madeira, OH

Buyer's market-40.6% YoY

Housing market overview · Updated weekly

$591,000median sale price

Homes sold

4

Last 12 weeks

Days on market

68

Average pace

Active listings

22

5.5 months supply

Sale-to-list

99.0%

Below asking

The Madeira housing market is currently classified as a buyer's market with a median sale price of $591,000. Prices have fallen 40.6% compared to last year, with homes spending an average of 68 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Madeira

There are currently 22 homes listed for sale in Madeira, Ohio. The median listing price is $808K.

Active listings

22

Homes on market

Median list price

$808K

Avg. days on market

68

Days until sale

New this week

8

Newly listed

Price drops:4.5%of listings
Sale-to-list:99.0%

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Frequently asked questions

What is the average home price in Madeira?

The median home sale price in Madeira is $591,000, down 40.6% from last year.

How long do homes stay on market in Madeira?

Homes typically spend 68 days on market before going under contract.

Is Madeira a buyer's or seller's market?

With 5.5 months of supply, Madeira is currently a buyer's market.

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