What is the median home value in North Madison, OH?

The median value of owner-occupied homes in North Madison, OH is $157,300 (±$12,251), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In North Madison, the median home value went from $122,300 in 2015–2019 to $157,300 in 2020–2024 (+28.6%).

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
$157,300 (±$12,251)
Owner-occupied homes
3,002 (±323)
Most common range
$150,000 to $199,999

Home values in North Madison

Owner-occupied homes by value, 2020–2024
ValueNorth MadisonLake CountyOhioUnited States
Less than $50,0003.7% (±2.3 points)4.1%6.3%5.3%
$50,000 to $99,99914.8% (±6.1 points)5.2%10.0%6.1%
$100,000 to $149,99926.6% (±7.0 points)14.4%13.4%6.8%
$150,000 to $199,99926.7% (±6.0 points)21.9%16.3%9.0%
$200,000 to $299,99915.8% (±4.9 points)26.7%23.3%17.8%
$300,000 to $499,9996.9% (±3.8 points)21.5%21.8%26.9%
$500,000 to $999,9994.0% (±2.6 points)5.5%7.7%20.9%
$1,000,000 or more1.5% (±1.7 points)0.8%1.2%7.1%

The most common range is $150,000 to $199,999, 26.7% 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.

North Madison against Lake County, its state and the nation

Estimate (90% margin of error)
North MadisonLake CountyOhioUnited States
Median home value$157,300 (±$12,251)$214,100 (±$3,838)$214,800 (±$742)$332,700
Owner-occupied homes3,002 (±323)76,626 (±1,026)3,267,904 (±16,882)84,210,142

In North Madison, the median home value is lower than in Lake County ($214,100).

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

It is lower than the national figure ($332,700).

In Lake County, North Madison ranks 23 of 24 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 1545 of 2,341.

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

How home values in North Madison have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$122,300 (±$9,843)$157,300 (±$12,251)+28.6%No measurable change after inflation
Median owner cost with a mortgage$1,159 (±$50)$1,322 (±$57)+14.1%Down after inflation
Median real estate taxes$2,430 (±$178)$2,895 (±$349)+19.1%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 North Madison

Nearest places with a published estimate, compared with North Madison
PlaceDistanceMedian home valueCompared with this place
North Madison—$157,300 (±$12,251)—
Madison Township (Lake County)2.9 mi$176,800 (±$10,376)Higher
Perry Township (Lake County)3.0 mi$239,600 (±$9,781)Higher
Madison4.0 mi$207,100 (±$18,207)Higher
North Perry4.3 mi$279,800 (±$50,776)Higher
Geneva Township5.3 mi$160,300 (±$10,162)Not measurably different
Geneva-on-the-Lake5.4 mi$174,500 (±$42,471)Not measurably different
Geneva5.8 mi$148,300 (±$12,361)Not measurably different
Harpersfield Township6.4 mi$212,500 (±$19,901)Higher

Nearby places with a measurably higher figure: Madison Township (Lake County), OH ($176,800), Perry Township (Lake County), OH ($239,600), Madison, OH ($207,100).

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

Median home value across Lake County, place by place

RankPlaceMedian home value
17Madison Township (Lake County)$176,800 (±$10,376)
18Eastlake$172,100 (±$8,209)
19Wickliffe$166,900 (±$4,860)
20Willowick$166,000 (±$3,585)
21Grand River$162,500 (±$27,820)
22Painesville$158,800 (±$8,757)
23North Madison$157,300 (±$12,251)
24Fairport Harbor$147,500 (±$13,730)

Showing 8 of 24 places in Lake County, ranked from highest to lowest.

North Madison is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

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 North Madison

What is the average home value in North Madison, OH?

The Census Bureau publishes the median: $157,300 (±$12,251) for owner-occupied homes in North Madison (2020–2024 American Community Survey).

Have home values in North Madison gone up?

In North Madison, the median home value went from $122,300 in 2015–2019 to $157,300 in 2020–2024 (+28.6%).

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 North Madison 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 North Madison CDP, Ohio (place:56812, in state:39).

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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