Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South Madison area can be challenging. Home prices in South Madison are now at a median cost of $189,782, higher than the Ohio average of $181,280.
The average cost of rent is $967/mo in South Madison, primarily driven by the current value of real estate in the South Madison area. While nearly 36.83% of residents own their homes outright in South Madison, 7.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Madison is $7,361 per month. Households that rent pay about 13.13% of their income on rent here. South Madison's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Thompson, OH: equally priced homes
- Madison, OH: less expensive homes
- Footville, OH: equally priced homes
- Perry, OH: equally priced homes
- Harpersfield, OH: equally priced homes
- North Perry, OH: higher priced homes
- North Madison, OH: less expensive homes
- Geneva, OH: less expensive homes
- Montville, OH: equally priced homes
- Painesville on the Lake, OH: less expensive homes
Cities with Similar Populations
- Peggy, TX: less expensive homes
- Naplate, IL: less expensive homes
- Napoleon, ND: less expensive homes
- Negreet, LA: less expensive homes
- Neola, PA: higher priced homes
- Neola, UT: equally priced homes
- New Lisbon, IN: less expensive homes
- New Martinsburg, OH: less expensive homes
- Oneida, IL: less expensive homes
- Osage, WY: equally priced homes
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