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Sarah Mitchell

CNESRESABR

Compass Real Estate · Madeira, OH

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Madeira, OH(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Madeira, OH Housing Market & Real Estate

Strong seller's market+37.1% YoY

Housing market overview · Updated monthly ·

$750,000median sale price

How is the Madeira, OH housing market right now?

The median home sale price in Madeira, OH is $750,000, up 37.1% year-over-year. Homes sell in an average of 39 days with 31 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Strong seller's market1.7 months of supply39 avg. days on market

Madeira, OH is currently a strong seller's market, based on 1.7 months of supply and homes selling in about 39 days. How we determine this →

Homes sold

18

Last 12 weeks

Days on market

39

Average pace

Active listings

31

1.7 months supply

Sale-to-list

102.0%

Above asking

What does the Madeira housing market data show?

Current housing market statistics for Madeira, OH
MetricValue
Median sale price$750,000
Median list price$627,000
Year-over-year price change+37.1%
Average days on market39 days
Active inventory31 listings
Months of supply1.7 months
Sale-to-list price ratio102.0%
Median price per sq ft$277/sq ft
Homes sold (latest month)18
New listings (latest month)14
Listings with a price cut25.8%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Madeira by property type?

How the Madeira, OH market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Madeira, OH
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$750,000$277/sq ft1839 days
Townhouse$1.10M$436/sq ft121 days

Source: Redfin · Updated monthly

The Madeira housing market is currently classified as a strong seller's market with a median sale price of $750,000. Prices have risen 37.1% compared to last year, with homes spending an average of 39 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.

Homes for sale in Madeira

There are currently 31 homes listed for sale in Madeira, Ohio. The median listing price is $627K.

Active listings

31

Homes on market

Median list price

$627K

Avg. days on market

39

Days until sale

New this week

14

Newly listed

Price drops:25.8%of listings
Sale-to-list:102.0%

Who lives in Madeira?

Population

9,454

Median income

$168,981/yr

Median age

38 years

Owner-occupied

87.9%

College grads

71.8%

Avg commute

18.8 min

Source: U.S. Census Bureau ACS

What are homes worth in Madeira?

Zillow home value

$545,790

Zillow rent index

$1,750/mo

Price-to-rent ratio

26.0x

Price-to-income

3.2x

Source: Zillow Research

What is it like to live in Madeira?

Madeira is a community of approximately 9K residents with a median age of 38 years.The median household income is $168,981, which reflects a relatively affluent area with strong earning potential. 71.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 87.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Madeira offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Madeira?

1 schools tracked · 381 students

The largest public schools serving Madeira, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Madeira Middle School

Grades 6-8 · 381 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Madeira, OH?

Want a head-to-head view? Compare Madeira side-by-side with any other U.S. city using our market-comparison tool.

Is Madeira a good real estate investment market?

For investors evaluating Madeira, the price-to-rent ratio of 26.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 37.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Madeira's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Madeira's median home price.

Frequently asked questions

What is the average home price in Madeira?

The median home sale price in Madeira is $750,000, up 37.1% from last year.

How long do homes stay on market in Madeira?

Homes typically spend 39 days on market before going under contract.

What is the median income in Madeira?

The median household income is $168,981 per year.

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

With 1.7 months of supply, Madeira is currently a strong seller's market.

What is the Zillow home value estimate for Madeira?

The Zillow Home Value Index (ZHVI) for Madeira is $545,790, representing the typical home value in the area.

How much does a single-family home cost in Madeira?

The median single-family home price in Madeira, OH is $750,000 (about $277 per square foot).

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