Home prices
The price of the median home in Madison is $154,200. Compared to nearby areas it is approximately $17,840 (13%) higher.It is approximately $63,300 (29%) lower in comparison to the entire nation, and it is approximately $84,600 (121%) higher compared to the city of Cleveland.
Rents
In Madison the median rent is $773 per month. Compared to nearby areas this is is very similar.In comparison to the rest of the nation it is about $289 (27%) lower, and it is about $54 (7%) higher compared to the city of Cleveland.
Nearby places
North Perry
North Perry is roughly 3 miles northwest from Madison. Its real estate prices are a little more expensive. The price of the median home in North Perry is $201,800, which works out to $47,600 (23%) higher than Madison. The rent there is somewhat more expensive. North Perry's median monthly rent is $892, which is $119 (13%) higher than Madison.
North Madison
North Madison is about 3 miles north of Madison. Its housing prices are a bit less expensive. The median home in North Madison costs $122,300, which is $31,900 (26%) lower than Madison. The rent there is a little more expensive. North Madison's median monthly rent is $949, which works out to $176 (18%) higher than Madison.
Perry
Perry is approximately 4 miles west of Madison. The real estate prices there are a bit more expensive. The median home value in Perry is $172,500, which is $18,300 (10%) higher than Madison. The rent there is a little less expensive. Perry's median monthly rent is $706, which comes out to $67 (9%) lower than Madison.
Geneva
Geneva is roughly 5 miles east of Madison. Its housing prices are significantly less expensive. The value of the median home in Geneva is $100,900, which works out to $53,300 (52%) lower than Madison. Rent there is a little less expensive. In Geneva the median rent is $669 per month, which comes out to $104 (15%) lower than Madison.
Geneva-on-the-Lake
Geneva-on-the-Lake is approximately 7 miles northeast from Madison. Its housing prices are significantly less expensive. The median home cost in Geneva-on-the-Lake is $84,300, which is $69,900 (82%) lower than Madison. The rent there is somewhat less expensive. In Geneva-on-the-Lake the median rent is $642 per month, which works out to $131 (20%) lower than Madison.
