What is the median home value in Canaan Township (Madison County), OH?

The median value of owner-occupied homes in Canaan Township (Madison County), OH is $311,800 (±$51,751), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Canaan Township (Madison County), the median home value went from $223,700 in 2015–2019 to $311,800 in 2020–2024 (+39.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$311,800 (±$51,751)
Owner-occupied homes
914 (±118)
Most common range
$300,000 to $499,999

Home values in Canaan Township (Madison County)

Owner-occupied homes by value, 2020–2024
ValueCanaan Township (Madison County)Madison CountyOhioUnited States
Less than $50,00028.7% (±9.0 points)6.3%6.3%5.3%
$50,000 to $99,9994.7% (±4.7 points)4.6%10.0%6.1%
$100,000 to $149,9992.2% (±2.3 points)7.7%13.4%6.8%
$150,000 to $199,9994.0% (±6.1 points)18.8%16.3%9.0%
$200,000 to $299,9998.0% (±5.4 points)24.5%23.3%17.8%
$300,000 to $499,99932.8% (±9.6 points)26.4%21.8%26.9%
$500,000 to $999,99918.9% (±6.5 points)10.3%7.7%20.9%
$1,000,000 or more0.7% (±0.9 points)1.4%1.2%7.1%

The most common range is $300,000 to $499,999, 32.8% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Canaan Township (Madison County) against Madison County, its state and the nation

Estimate (90% margin of error)
Canaan Township (Madison County)Madison CountyOhioUnited States
Median home value$311,800 (±$51,751)$250,100 (±$11,895)$214,800 (±$742)$332,700
Owner-occupied homes914 (±118)12,162 (±392)3,267,904 (±16,882)84,210,142

In Canaan Township (Madison County), the median home value is higher than in Madison County ($250,100).

It is also higher than in Ohio ($214,800).

It is not measurably different from the national figure ($332,700).

In Madison County, Canaan Township (Madison County) ranks 9 of 21 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 266 of 2,341.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Canaan Township (Madison County) have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$223,700 (±$19,290)$311,800 (±$51,751)+39.4%No measurable change after inflation
Median owner cost with a mortgage$1,602 (±$187)$1,960 (±$273)+22.3%No measurable change after inflation
Median real estate taxes$3,019 (±$328)$3,746 (±$620)+24.1%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Canaan Township (Madison County)

Nearest places with a published estimate, compared with Canaan Township (Madison County)
PlaceDistanceMedian home valueCompared with this place
Canaan Township (Madison County)—$311,800 (±$51,751)—
Darby Township (Madison County)2.7 mi$390,200 (±$39,203)Higher
Plain City3.9 mi$368,500 (±$31,345)Not measurably different
Brown Township (Franklin County)5.6 mi$580,400 (±$30,377)Higher
Monroe Township (Madison County)5.8 mi$285,000 (±$173,914)Not measurably different
Unionville Center5.9 mi$182,500 (±$20,399)Lower
Jefferson Township (Madison County)6.9 mi$208,000 (±$18,333)Lower
Darby Township (Union County)6.9 mi$427,000 (±$99,252)Higher
New California7.3 mi$464,500 (±$16,186)Higher

Nearby places with a measurably lower figure: Unionville Center, OH ($182,500), Jefferson Township (Madison County), OH ($208,000).

Nearby places with a measurably higher figure: Darby Township (Madison County), OH ($390,200), Brown Township (Franklin County), OH ($580,400), Darby Township (Union County), OH ($427,000).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Madison County, place by place

RankPlaceMedian home value
3Deer Creek Township$355,600 (±$47,680)
4Fairfield Township (Madison County)$351,300 (±$72,831)
5Choctaw Lake$347,700 (±$46,254)
6Somerford Township$341,900 (±$51,786)
7Oak Run Township$328,400 (±$146,826)
8Pike Township (Madison County)$315,900 (±$96,236)
9Canaan Township (Madison County)$311,800 (±$51,751)
10Monroe Township (Madison County)$285,000 (±$173,914)
11Paint Township (Madison County)$279,000 (±$93,508)
12Pleasant Township (Madison County)$236,700 (±$58,303)
13Union Township (Madison County)$226,900 (±$79,229)
14Range Township$212,500 (±$67,493)
15Jefferson Township (Madison County)$208,000 (±$18,333)

Showing 13 of 21 places in Madison County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Canaan Township (Madison County)

What is the average home value in Canaan Township (Madison County), OH?

The Census Bureau publishes the median: $311,800 (±$51,751) for owner-occupied homes in Canaan Township (Madison County) (2020–2024 American Community Survey).

Have home values in Canaan Township (Madison County) gone up?

In Canaan Township (Madison County), the median home value went from $223,700 in 2015–2019 to $311,800 in 2020–2024 (+39.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Canaan Township (Madison County) sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Canaan township, Madison County, Ohio (county subdivision:11234, in state:39 county:097).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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