Home prices
The median home in Madeira is valued at $294,400. In comparison to nearby areas this is roughly $55,800 (23%) higher.It is approximately $76,900 (35%) higher in comparison to the United States as a whole, and is about $156,400 (113%) higher compared to the city of Cincinnati.
Rents
The median rent in Madeira is $1,336 per month. In comparison to the surrounding areas it is roughly $368 (38%) higher.It is roughly $274 (25%) higher compared to the rest of the country, and compared to the city of Cincinnati it is about $598 (81%) higher.
Nearby places
Silverton
Silverton is Madeira's neighbor to the west. The housing prices there are significantly less expensive. The median home in Silverton costs $119,100, which works out to $175,300 (147%) lower than Madeira. Rents there are substantially less expensive. The median rent in Silverton is $736 a month, which comes out to $600 (81%) lower than Madeira.
Kenwood
Kenwood is Madeira's neighbor to the north. Its housing prices are similar. The median home cost in Kenwood is $296,600, which is very similar to Madeira. The rent there is a little more expensive. In Kenwood the median rent is $1,449 per month, which comes out to $113 (7%) higher than Madeira.
Concorde Hills
Concorde Hills is Madeira's neighbor to the northeast. Real estate prices there are a lot more expensive. The median home in Concorde Hills costs $523,100, which comes out to $228,700 (43%) higher than Madeira. Rent there is a lot less expensive. In Concorde Hills the median monthly rent is $983, which is $353 (35%) lower than Madeira.
Deer Park
Deer Park is approximately 1 mile northwest of Madeira. Its real estate prices are substantially less expensive. The median home in Deer Park is valued at $134,500, which works out to $159,900 (118%) lower than Madeira. The rent there is significantly less expensive. The median rent in Deer Park is $759 per month, which comes out to $577 (76%) lower than Madeira.
Rossmoyne
Rossmoyne is about 2 miles north from Madeira. The real estate prices there are a lot less expensive. The price of the median home in Rossmoyne is $119,700, which works out to $174,700 (145%) lower than Madeira. Rents there are substantially less expensive. Rossmoyne's median rent is $912 per month, which comes out to $424 (46%) lower than Madeira.
