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Maderia OH USAPhoto: Ed!(Hall of Fame) · CC BY-SA 3.0
Housing in Madeira

128 homes sold in Madeira in the last year, at a typical $563K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Madeira homes are listed.

Homes sold
128
June 2025 to May 2026
Typical sale price
$563K
median, weighted by sales
Price per square foot
$258
Ohio $164
Paid vs. asking
99.9%
36% sold over asking
For sale now
31
May 2026 · 18 sold that month
What sold · last 12 months

Houses are 99% of Madeira’s sales, at a typical $560K

128 homes sold in the year to May 2026.

Houses$560K

typical sale · 127 sold in 12 months

Per square foot
$258OH $165
Days to sell
50
Sold over asking
35%
Listings with a price cut
18%
Fewer sales

Townhouses: 1 sold, typical $1.1M

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2021, at twice the 2016 price

128 sales in the last year, against 209 in 2020 and a low of 95 in 2023. The typical sale went from $295K in 2016 to $563K.

Homes soldTypical sale price
062125187250$225K$350K$475K$600K2012: 159 sold, typical $237K’122013: 196 sold, typical $215K2014: 196 sold, typical $235K’142015: 171 sold, typical $291K2016: 171 sold, typical $295K’162017: 182 sold, typical $322K2018: 186 sold, typical $344K’182019: 181 sold, typical $365K2020: 209 sold, typical $359K’202021: 177 sold, typical $407K2022: 156 sold, typical $445K’222023: 95 sold, typical $493K2024: 106 sold, typical $519K’242025: 118 sold, typical $571KLast 12 months: 128 sold, typical $563KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $550K buys in Madeira

Houseat $258 a sq ft
The same money in Ohioat $165 a sq ft

Is this asking price fair?

Check a listing against what Madeira homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Madeira are more common than before the pandemic, but half fewer homes come up for sale

We read every month of Madeira’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 128 sales.

If you’re buying in Madeira

  • Shop in April. It brings about 20 new listings a month, close to the busiest month, with fewer bidding wars (24% over asking).
  • Some room to negotiate. 18% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 99.9% of the list price on average; 36% paid over.
  • Move fast on good ones. 58% of homes are under contract within two weeks.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 21 a month), but July is the most competitive: 39% of July sales close over asking. March and April offer nearly as much choice with fewer homes bid up (27%). November has the least competition (20%) but only about 9 new listings.

New listings a monthShare sold over asking
06.312.518.82513%27%40%Sweet spotJan: 11 new listings a month, 22% sold over asking, 104 days to sellJFeb: 12 new listings a month, 23% sold over asking, 79 days to sellFMar: 19 new listings a month, 27% sold over asking, 58 days to sellMApr: 20 new listings a month, 24% sold over asking, 49 days to sellAMay: 21 new listings a month, 34% sold over asking, 55 days to sellMJun: 18 new listings a month, 34% sold over asking, 49 days to sellJJul: 20 new listings a month, 39% sold over asking, 51 days to sellJAug: 16 new listings a month, 31% sold over asking, 55 days to sellASep: 16 new listings a month, 20% sold over asking, 79 days to sellSOct: 12 new listings a month, 24% sold over asking, 56 days to sellONov: 9 new listings a month, 20% sold over asking, 80 days to sellNDec: 8 new listings a month, 28% sold over asking, 65 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Ohio

Madeira now2017–192021 peakOH now
Sold over askingShare of sales that closed above the list price36%19%36%29%
Gone within two weeksShare of homes under contract within 14 days58%44%64%47%
Listings with a price cutShare of homes for sale that cut their price18%19%15%27%
Price paid vs. askingAverage sale price ÷ list price99.9%97.6%99.5%98.5%
Days to sellMedian days from listing to contract50745443
Supply

31 homes for sale on a typical day

That’s twice the 2023 low (15), 52% fewer than in 2017–19 and well under 2017’s 72.

2012: 71 for sale’122013: 66 for sale2014: 57 for sale2015: 57 for sale’152016: 61 for sale2017: 72 for sale2018: 65 for sale’182019: 58 for sale2020: 54 for sale2021: 44 for sale’212022: 28 for sale2023: 15 for sale2024: 22 for sale’242025: 29 for saleLast 12 months: 31 for saleNow
Room to negotiate

1 in 6 listings has cut its price

18% in the last year, against 19% in 2017–19 and 27% across Ohio.

2015: 19%’152016: 13%2017: 15%2018: 20%’182019: 23%2020: 16%2021: 15%’212022: 14%2023: 30%2024: 19%’242025: 17%Last 12 months: 18%Now
Across Ohio

Madeira ranks 91st of 305 busy Ohio markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Madeira is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Madeira home costs about $3,785 a month

Mortgage
Property tax
Insurance
Rent

Price: Madeira’s typical sale, last 12 months. Property tax at Madeira’s 1.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Madeira is affordable on local pay is on Cost of living.

Before you buy in Madeira

Six things worth knowing

21

New listings in May

The month with the most choice. December has the fewest, about 8.

Best time to buy
1.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $563K home, about $10,170 a year.

Taxes vs. neighbors
A+

Schools

The schools grade for Madeira, from test results, graduation and how much students grow.

Schools in Madeira
18 min

Typical commute

The average one-way trip to work for people who live in Madeira.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Silverton, Kenwood, Deer Park and Rossmoyne sell for less a square foot; The Village of Indian Hill for far more

The busier markets within 25 miles of Madeira, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Madeira128$563K$25836%50
Deer Park98$287K$20737%36
Kenwood84$504K$24532%43
The Village of Indian Hill76$1.9M$37545%48
Silverton63$297K$19149%37
Mariemont57$632K$31851%35
Rossmoyne31$234K$19932%55

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Madeira, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Madeira. People who follow the town see it, and so do people comparing Madeira with their own town. No commission, no listing fee.

Questions about buying a home in Madeira

What do homes sell for in Madeira, OH?

128 homes sold in the year to May 2026 at a typical $563K, $258 a square foot.

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

A seller’s market: 31 homes were for sale in May 2026 and 18 sold, about 1.7 months of supply. Buyers paid 99.9% of asking on average, and 18% of listings cut their price.

When is the best time to buy in Madeira?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Madeira?

About 1.8% of a home’s value a year. On a $563K home that’s near $10,170.

Where can I see homes for sale in Madeira?

Zillow, Redfin, Realtor.com and Homes.com all carry Madeira’s MLS listings; the search links above open each one filtered to Madeira.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).