The story of this market
The typical home in Madison County, Ohio sells for about $378,864, or $191 per square foot.
Prices are up +10% from a year ago, so sellers still have some momentum. Homes take about 46 days to sell. Over the long run, values in this county have grown 140% since 2000. Last year 9 of 11 neighborhoods saw prices rise, so the story isn't the same street to street. HUD's fair market rent for a two-bedroom is $1,602 a month.
HUD sets the fair market rent for a 2-bedroom at $1,602 a month. FEMA's National Risk Index rates overall hazard risk here as Very Low.
Price climate
Every year of price change, 2000–2025
+3.3%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2021 (+15%). Worst: 2009 (-3.6%). Hover to read a year.
Monthly price momentum
Home values since 2015
+3%
OH · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,909
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+3.3%
2025 change
FHFA repeat-sales index, median of 11 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
16
Very Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $11,060,019.
Mortgage activity
Home lending in this county
80.6%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 2249 | 1239 | 80.6% | 1.3% | $230,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Madison County, Ohio
Madison County's residential real estate market remains solid with modest inventory and resilient pricing, bolstered by exurban demand from the greater Columbus area. Median sale prices rose approximately 10% year-over-year while homes continue to command full asking price on average. Steady job growth in distribution and logistics alongside proximity to Franklin County employment centers continues to support steady residential absorption.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 6 cities · 6 ZIP reports
Median prices moved up 3.7% year over year.
Homes spend a median of 41 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0.79% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.7% · poverty 8.8% — a stable, low-distress profile.
ACS 2024 5-year estimates. Aggregate published statistics for this county — never individual records, and never an attribute of any individual property or resident.
Deterministic aggregate of 5 researched ZIP reports of 6 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Madison County, Ohio — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 21
researched Sep 17
researched Sep 21
researched Sep 17
researched Sep 17
researched Sep 21
| 43064 | Plain City | $554,000 | $236 | +2.1% | 33 | 99.2% | 12.5% | 4.2 | 598 | $1,583 | researched Sep 21 |
| 43140 | London | $315,000 | $176 | +34% | 66 | — | — | — | 49 | $918 | researched Sep 17 |
| 43142 | Milledgeville | $265,000 | $138 | +3.9% | 108 | — | — | — | — | $1,602 | researched Sep 21 |
| 43143 | Mount Sterling | $209,400 | $133 | +0.7% | 50 | 98% | 50% | 3.2 | 6 | $853 | researched Sep 17 |
| 43153 | Sedalia (Midway) | $268,950 | $155 | 0% | 42 | 98% | — | — | 7 | $1,000 | researched Sep 17 |
| 43162 | West Jefferson | $299,999 | $202 | +3.5% | 40 | — | — | — | 33 | $986 | researched Sep 21 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Madison County maintains a predominantly rural-to-exurban profile with violent crime rates substantially lower than central Franklin County and the broader Columbus metro average. Property crimes in the county are concentrated around commercial corridors and highway interchanges along Interstate 70.
The county is primarily served by London City Schools, Jonathan Alder Local School District, and Jefferson Local Schools. Jonathan Alder in the Plain City area consistently achieves high academic performance ratings, while London and West Jefferson provide solid comprehensive public school programs.
According to First Street ratings, Madison County has a minor overall flood risk with roughly 11% of properties affected, mainly near the Little Darby and Big Darby creeks. Wildfire risk is negligible at under 1%, though properties face seasonal severe convective wind and convective storm exposures standard across central Ohio.
Madison County has experienced strong logistics, data center, and industrial momentum driven by Interstate 70 and proximity to Columbus. Significant logistics facilities and regional warehousing have expanded along the US-40 and I-70 corridor around West Jefferson and London.
Real property is assessed at 35% of market value by the Madison County Auditor under Ohio statutory triennial and sextennial reappraisal schedules. Effective tax rates vary by school district and municipality after Ohio House Bill 920 reduction factors, averaging around 1.3% to 1.6% across the county.
Commuters have direct access to downtown Columbus and the outerbelt via Interstate 70 and US Route 40, with typical drive times ranging from 25 to 40 minutes depending on the township.
Recreational destinations include Madison Lake State Park, the Prairie Grass Trail (part of the Ohio to Erie Trail), and the Little Darby Creek State Scenic River.
Residential permitting has shown moderate and steady activity, led by suburban growth on the county's northeastern edge in Plain City and infill subdivisions in London and West Jefferson.
The rental market remains relatively tight due to limited dedicated multi-family inventory outside of London and West Jefferson, with median rents hovering near $1,250 per month.
The Madison County economy is anchored by advanced agriculture, state government institutions (including London and Madison Correctional Institutions), and extensive logistics and distribution centers clustering along Interstate 70.
Transportation in the county is driven by highway freight and passenger arteries, chiefly Interstate 70 running east-west across the north-central area, alongside US Route 40, US Route 42, and State Route 56.
County and municipal planning entities focus on balancing industrial/logistics demand near I-70 exits with farmland preservation and residential development surrounding Plain City and London.
The Madison County Auditor conducts property appraisals on a state-mandated six-year sexennial revaluation cycle with a three-year interim statistical update, assessing property values at 35% taxable value.
Special taxing entities serving Madison County residents include the Madison County Public Health district, Madison Health (hospital district), joint fire/EMS districts, and soil and water conservation districts.
Property insurance is generally stable and competitively priced compared to coastal states, with minor rate adjustments driven by convective storms, hail risks, and baseline replacement cost inflation.
- Columbus Zoo and Aquarium4.721.6 mi
- Zoombezi Bay4.421.4 mi
- Ohio Caverns4.827.9 mi
- Scene75 Entertainment Center I Columbus4.317.1 mi
- Dave & Buster's Hilliard4.115.7 mi
- Ohio Stadium4.720 mi
- Nationwide Arena4.720.1 mi
- Greater Columbus Convention Center4.520.4 mi
- Ohio Expo Center & State Fairgrounds4.421.4 mi
- Franklin Park Conservatory and Botanical Gardens4.822.8 mi
- Center of Science and Industry (COSI)4.419.9 mi
- AMC Dublin Village 184.319.8 mi
- Lennox Town Center 24 Theatres419.4 mi
- Hayden Falls Park4.517.7 mi
- Scioto Audubon Metro Park4.719.8 mi
- Center of Science and Industry (COSI)4.419.9 mi
- Otherworld4.628.8 mi
- Ohio Caverns4.827.9 mi
- Historic Clifton Mill4.425.1 mi
- Columbus Museum of Art4.721 mi
- Lou Berliner Sports Park4.519.7 mi
- Hayden Falls Park4.517.7 mi
- Scioto Audubon Metro Park4.719.8 mi
- Battelle Darby Creek Metro Park4.88.7 mi
- Quarry Trails Metro Park4.616.1 mi
- Darby Creek Golf Course4.417.4 mi
- Golf Club of Dublin4.216.1 mi
- Scioto Country Club4.617.2 mi
- Raymond Memorial Golf Course3.915.6 mi
- Locust Hills Golf Club4.619.7 mi
- Tensuke Market, llc4.819.7 mi
- The Mall at Tuttle Crossing4.117.1 mi
- Meijer4.312.8 mi
- Littleton’s Market4.417.8 mi
- Meijer4.219.4 mi
- John Glenn Columbus International Airport4.326.7 mi
- Rickenbacker International Airport4.424.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A 106-acre lake offering paddling, fishing, hiking trails, picnic facilities, and a sandy swimming beach located just east of London.
A scenic paved rail-trail corridor crossing through London and Madison County, linking Cincinnati to Columbus and Cleveland for cyclists and runners.
Features the historic Madison County Courthouse, local diners, boutique storefronts, and annual seasonal community festivals.
Retrieved from US Census Bureau QuickFacts and ACS datasets for Madison County, OH.
Property is assessed at 35% of its true market value. The tax is calculated by multiplying the assessed value by the effective tax rate (millage) of the local taxing district. Exemptions include the Homestead Exemption for qualifying seniors and disabled persons, which reduces the taxable value of the primary residence.
Governed by Ohio Revised Code Chapter 5713.
Ohio is a judicial foreclosure state requiring court action to foreclose. Owners have redemption rights to pay the full amount of taxes, penalties, and costs to stop the sale, typically until the confirmation of sale or decree of foreclosure.
Governed by Ohio Revised Code Chapters 323, 5721, and 5723.
applies when — Applies to the transfer of residential real property consisting of one to four dwelling units.
Sellers must complete a state-prescribed form disclosing known material conditions and defects of the property, including structural, mechanical, and environmental issues.
Governed by Ohio Revised Code Chapter 5302.30.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.