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98 N Lake StPhoto: LeeG7144 · CC BY-SA 3.0
Housing in Madison Township

201 homes sold in Madison Township in the last year, at a typical $222K

Redfin reports Madison Township’s sales by ZIP code, so these figures are for ZIP 44057, which takes in Madison Township and the area around it. 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 Madison Township homes are listed.

Homes for sale in Madison TownshipZillowRealtor.comMore places to look ↓
Homes sold
201
ZIP 44057 · October 2025 to September 2026
Typical sale price
$222K
houses $210K · condos $221K (year to May 2026)
Price per square foot
$155
Ohio $164
Paid vs. asking
98.5%
37% sold over asking
For sale now
61
September 2026 · 25 sold that month
What sold · last 12 months · ZIP 44057

7% of Madison Township’s sales are condos, at $11K more than a house

190 houses and 14 condos sold in the year to May 2026. Houses sell faster.

Houses$210K

typical sale · 190 sold in the year to May 2026

Per square foot
$156OH $165
Days to sell
38
Sold over asking
36%
Condos$221K

typical sale · 14 sold in the year to May 2026

Per square foot
$139OH $172
Days to sell
47
Sold over asking
33%
14 years of sales

Fewer homes sell than before 2022, at 1.8 times the 2016 price

201 sales in the last year, against 327 in 2021 and a low of 177 in 2012. The typical sale went from $120K in 2016 to $222K.

Homes soldTypical sale price
087175262350$75K$150K$225K$300K2012: 177 sold, typical $103K’122013: 203 sold, typical $105K2014: 247 sold, typical $107K’142015: 279 sold, typical $108K2016: 316 sold, typical $120K’162017: 290 sold, typical $125K2018: 313 sold, typical $132K’182019: 308 sold, typical $142K2020: 310 sold, typical $155K’202021: 327 sold, typical $168K2022: 276 sold, typical $189K’222023: 216 sold, typical $198K2024: 225 sold, typical $201K’242025: 225 sold, typical $213KLast 12 months: 201 sold, typical $222KNow

Source: Redfin Data Center, MLS sales; for ZIP 44057, which takes in Madison Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $200K buys in Madison Township

Houseat $156 a sq ft, year to May 2026
Condoat $139 a sq ft, year to May 2026
The same money in Ohioat $165 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Madison Township 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 Madison Township are more common than before the pandemic, but 59% fewer homes come up for sale

We read every month of home sales in ZIP 44057 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 September 2026, 201 sales.

If you’re buying in Madison Township

  • Shop in May. It brings about 31 new listings a month, close to the busiest month, with fewer bidding wars (26% over asking).
  • Bid near asking. Buyers paid 98.5% of the list price on average; 37% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings the homes; fall brings the bidding wars

July has the most new listings (about 36 a month), but September is the most competitive: 34% of September sales close over asking. May and June offer nearly as much choice with fewer homes bid up (26%). April has the least competition (25%).

New listings a monthShare sold over asking
01020304013%27%40%Sweet spotJan: 19 new listings a month, 25% sold over asking, 70 days to sellJFeb: 18 new listings a month, 26% sold over asking, 73 days to sellFMar: 23 new listings a month, 25% sold over asking, 80 days to sellMApr: 25 new listings a month, 25% sold over asking, 71 days to sellAMay: 31 new listings a month, 26% sold over asking, 66 days to sellMJun: 34 new listings a month, 29% sold over asking, 57 days to sellJJul: 36 new listings a month, 33% sold over asking, 48 days to sellJAug: 34 new listings a month, 34% sold over asking, 47 days to sellASep: 31 new listings a month, 34% sold over asking, 51 days to sellSOct: 28 new listings a month, 32% sold over asking, 55 days to sellONov: 25 new listings a month, 30% sold over asking, 55 days to sellNDec: 20 new listings a month, 29% sold over asking, 59 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Ohio

Madison Township now2017–192021 peakOH now
Sold over askingShare of sales that closed above the list price37%21%41%28%
Gone within two weeksShare of homes under contract within 14 days53%27%58%45%
Price paid vs. askingAverage sale price ÷ list price98.5%97.7%99.7%98.3%
Days to sellMedian days from listing to contract38753645
Supply

46 homes for sale on a typical day

That’s 1.6 times the 2023 low (30), 59% fewer than in 2017–19 and well under 2012’s 164.

2012: 164 for sale’122013: 162 for sale2014: 159 for sale2015: 142 for sale’152016: 130 for sale2017: 114 for sale2018: 119 for sale’182019: 104 for sale2020: 57 for sale2021: 46 for sale’212022: 40 for sale2023: 30 for sale2024: 32 for sale’242025: 43 for saleLast 12 months: 46 for saleNow
Prices by type

Since 2019, houses are up 47%, condos 101%

A house typically sold for $210K in the year to May 2026 (190 sales), a condo for $221K (14).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $105K, 185 salesHouses 2014: $106K, 222 salesHouses 2015: $102K, 259 salesHouses 2016: $120K, 294 salesHouses 2017: $129K, 263 salesHouses 2018: $132K, 288 salesHouses 2019: $143K, 275 salesHouses 2020: $157K, 286 salesHouses 2021: $171K, 292 salesHouses 2022: $190K, 254 salesHouses 2023: $199K, 193 salesHouses 2024: $202K, 205 salesHouses 2025: $209K, 207 salesHouses last 12 months: $210K, 190 salesHouses $210KCondos 2013: $105K, 18 salesCondos 2014: $117K, 24 salesCondos 2015: $125K, 19 salesCondos 2016: $120K, 21 salesCondos 2017: $111K, 27 salesCondos 2018: $130K, 23 salesCondos 2019: $110K, 22 salesCondos 2020: $149K, 21 salesCondos 2021: $146K, 32 salesCondos 2022: $177K, 18 salesCondos 2023: $177K, 20 salesCondos 2024: $193K, 18 salesCondos 2025: $217K, 15 salesCondos last 12 months: $221K, 14 salesCondos $221K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Source: Redfin Data Center, ZIP code tracker; for ZIP 44057, which takes in Madison Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Madison Township home costs about $1,499 a month

Mortgage
Property tax
Insurance
Rent

Price: Madison Township’s typical sale, last 12 months. Property tax at Madison Township’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 Madison Township is affordable on local pay is on Cost of living.

Before you buy in Madison Township

Six things worth knowing

36

New listings in July

The month with the most choice. February has the fewest, about 18.

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 $222K home, about $4,090 a year.

Taxes vs. neighbors
B−

Schools

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

Schools in Madison Township
28 min

Typical commute

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

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

Geneva sells for less a square foot; Geneva-on-the-Lake and Saybrook-on-the-Lake for far more

The busier markets within 25 miles of Madison Township, 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
Madison Township (ZIP 44057)201$222K$15537%38
North Madison105$191K$15240%32
Geneva73$190K$14234%41
Madison48$227K$15240%49
Perry38$348K$18533%78
Saybrook-on-the-Lake33$211K$20013%65
Geneva-on-the-Lake22$278K$26612%39

Redfin Data Center, October 2025 to September 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 Madison Township, free

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

Questions about buying a home in Madison Township

What do homes sell for in Madison Township, OH?

201 homes sold in the year to September 2026 at a typical $222K, $155 a square foot. Houses sold for about $210K, condos for about $221K in the year to May 2026.

Is Madison Township a buyer’s or seller’s market?

A seller’s market: 61 homes were for sale in September 2026 and 25 sold, about 2.4 months of supply. Buyers paid 98.5% of asking on average.

When is the best time to buy in Madison Township?

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

How much are property taxes in Madison Township?

About 1.8% of a home’s value a year. On a $222K home that’s near $4,090.

Where can I see homes for sale in Madison Township?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 44057, which takes in Madison Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). 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).