105 homes sold in North Madison in the last year, at a typical $191K
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 North Madison homes are listed.
Every place North Madison homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to North Madison.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 93% of North Madison’s sales, at a typical $184K (year to May 2026)
105 homes sold in the year to September 2026.
typical sale · 111 sold in the year to May 2026
- Per square foot
- $151OH $165
- Days to sell
- 37
- Sold over asking
- 38%
- Listings with a price cut
- 25%
Condos: 8 sold, typical $237K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 1.8 times the 2016 price
105 sales in the last year, against 174 in 2018 and a low of 98 in 2012. The typical sale went from $103K in 2016 to $191K.
Source: Redfin Data Center, MLS sales; from June 2026 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 $200K buys in North Madison
Check a listing against what North Madison 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.
Bidding wars in North Madison are more common than before the pandemic, but 55% fewer homes come up for sale
We read every month of North Madison’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 September 2026, 105 sales.
If you’re buying in North Madison
- Shop in May. It brings about 20 new listings a month, close to the busiest month, with fewer bidding wars (35% over asking).
- Bid near asking. Buyers paid 98.3% of the list price on average; 40% paid over.
- Move fast on good ones. 56% of homes are under contract within two weeks.
Spring brings the homes; winter brings the bidding wars
May has the most new listings (about 20 a month), but December is the most competitive: 41% of December sales close over asking. November has the least competition (25%) but only about 11 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Ohio
| North Madison now | 2017–19 | 2021 peak | OH now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 40% | 25% | 45% | 28% |
| Gone within two weeksShare of homes under contract within 14 days | 56% | 26% | 55% | 45% |
| Price paid vs. askingAverage sale price ÷ list price | 98.3% | 97.9% | 100.3% | 98.3% |
| Days to sellMedian days from listing to contract | 32 | 76 | 40 | 45 |
24 homes for sale on a typical day
That’s 1.6 times the 2023 low (15), 55% fewer than in 2017–19 and well under 2013’s 85.
Since 2019, houses are up 55%, condos 81%
A house typically sold for $184K in the year to May 2026 (111 sales), a condo for $237K (8).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
North Madison ranks 54th of 310 busy Ohio markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. North Madison is one of the state’s hottest markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical North Madison home costs about $1,289 a month
Price: North Madison’s typical sale, last 12 months. Property tax at North Madison’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 North Madison is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 7.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $191K home, about $3,520 a year.
Taxes vs. neighborsSchools
The schools grade for North Madison, from test results, graduation and how much students grow.
Schools in North MadisonTypical commute
The average one-way trip to work for people who live in North Madison.
Work & commuteCheck 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 hazardsLook 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.
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 North Madison, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| North Madison | 105 | $191K | $152 | 40% | 32 |
| Geneva | 73 | $190K | $142 | 34% | 41 |
| Madison | 48 | $227K | $152 | 40% | 49 |
| Fairport Harbor | 39 | $206K | $154 | 36% | 31 |
| Perry | 38 | $348K | $185 | 33% | 78 |
| Saybrook-on-the-Lake | 33 | $211K | $200 | 13% | 65 |
| Geneva-on-the-Lake | 22 | $278K | $266 | 12% | 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.
Post your home to North Madison, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to North Madison. People who follow the town see it, and so do people comparing North Madison with their own town. No commission, no listing fee.
Questions about buying a home in North Madison
What do homes sell for in North Madison, OH?
105 homes sold in the year to September 2026 at a typical $191K, $152 a square foot.
Is North Madison a buyer’s or seller’s market?
A seller’s market: 29 homes were for sale in September 2026 and 12 sold, about 2.4 months of supply. Buyers paid 98.3% of asking on average.
When is the best time to buy in North Madison?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in North Madison?
About 1.8% of a home’s value a year. On a $191K home that’s near $3,520.
Where can I see homes for sale in North Madison?
Zillow, Redfin, Realtor.com and Homes.com all carry North Madison’s MLS listings; the search links above open each one filtered to North Madison.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 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).