Home prices
The cost of the median home in Madison is $133,000. In comparison to its surrounding areas this is approximately $32,880 (32%) higher.It is roughly $84,500 (38%) lower compared to the entire country, and compared to the city of Cincinnati is about $5,000 (3%) lower.
Rents
In Madison the median monthly rent is $720. This is about $88 (10%) lower compared to its nearby areas.It is about $342 (32%) lower in comparison to the entire country, and in comparison to the city of Cincinnati it is approximately $18 (2%) lower.
Nearby places
Milton
Milton is about 3 miles south of Madison. Its real estate prices are pretty similar. The cost of the median home in Milton is $140,000, which comes out to $7,000 (5%) higher than Madison. Its rents are fairly similar. The median rent in Milton is $743 a month, which is $23 (3%) higher than Madison.
Hanover
Hanover is roughly 4 miles southwest from Madison. Real estate prices there are significantly less expensive. The median home in Hanover is valued at $95,200, which is $37,800 (39%) lower than Madison. Its rents are similar. Hanover's median monthly rent is $734, which comes out to $14 (1%) higher than Madison.
Brooksburg
Brooksburg is roughly 7 miles east of Madison. Real estate prices there are significantly less expensive. The median home in Brooksburg costs $92,500, which comes out to $40,500 (43%) lower than Madison. Rent there is a bit more expensive. In Brooksburg the median monthly rent is $1,014, which comes out to $294 (28%) higher than Madison.
Dupont
Dupont is roughly 10 miles northwest of Madison. The housing prices there are a lot less expensive. The median home in Dupont costs $80,000, which works out to $53,000 (66%) lower than Madison. Rents there are a bit more expensive. In Dupont the median monthly rent is $913, which is $193 (21%) higher than Madison.
Prestonville
Prestonville is about 10 miles southeast from Madison. The housing prices there are substantially less expensive. The median home cost in Prestonville is $92,900, which comes out to $40,100 (43%) lower than Madison. Its rents are a little less expensive. The median rent in Prestonville is $635 per month, which works out to $85 (13%) lower than Madison.