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Featured local agent — Madeira, OH
Sarah Mitchell
Compass Real Estate · Madeira, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Madeira, OH Housing Market & Real Estate
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?
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?
| Metric | Value |
|---|---|
| Median sale price | $750,000 |
| Median list price | $627,000 |
| Year-over-year price change | +37.1% |
| Average days on market | 39 days |
| Active inventory | 31 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 102.0% |
| Median price per sq ft | $277/sq ft |
| Homes sold (latest month) | 18 |
| New listings (latest month) | 14 |
| Listings with a price cut | 25.8% |
| Market condition | Strong 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.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $750,000 | $277/sq ft | 18 | 39 days |
| Townhouse | $1.10M | $436/sq ft | 1 | 21 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
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
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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