Home prices
The median home in North Madison is valued at $122,300. This is approximately $20,440 (14%) lower in comparison to its surrounding areas.Compared to the rest of the nation it is approximately $95,200 (43%) lower, and it is about $52,700 (75%) higher compared to the city of Cleveland.
Rents
The median monthly rent in North Madison is $949. This is roughly $213 (28%) higher compared to its surrounding areas.Compared to the entire nation it is about $113 (10%) lower, and it is approximately $230 (31%) higher compared to the city of Cleveland.
Nearby places
North Perry
North Perry is North Madison's neighbor to the southwest. The housing prices there are a lot more expensive. North Perry's median home value is $201,800, which works out to $79,500 (39%) higher than North Madison. Its rents are a bit less expensive. The median monthly rent in North Perry is $892, which works out to $57 (6%) lower than North Madison.
Madison
Madison is approximately 3 miles south from North Madison. Its housing prices are somewhat more expensive. The cost of the median home in Madison is $154,200, which works out to $31,900 (20%) higher than North Madison. Rent there is a little less expensive. The median rent in Madison is $773 per month, which is $176 (22%) lower than North Madison.
Geneva-on-the-Lake
Geneva-on-the-Lake is roughly 4 miles east of North Madison. Real estate prices there are substantially less expensive. The median home in Geneva-on-the-Lake is valued at $84,300, which works out to $38,000 (45%) lower than North Madison. Rents there are significantly less expensive. The median rent in Geneva-on-the-Lake is $642 a month, which works out to $307 (47%) lower than North Madison.
Geneva
Geneva is approximately 5 miles southeast of North Madison. The housing prices there are a bit less expensive. The median home cost in Geneva is $100,900, which works out to $21,400 (21%) lower than North Madison. Rent there is substantially less expensive. In Geneva the median rent is $669 a month, which comes out to $280 (41%) lower than North Madison.
Perry
Perry is roughly 5 miles southwest of North Madison. Housing prices there are somewhat more expensive. Perry's median home price is $172,500, which works out to $50,200 (29%) higher than North Madison. Rents there are significantly less expensive. Perry's median monthly rent is $706, which comes out to $243 (34%) lower than North Madison.