Madeira, OH is a great place to live with a median housing value of $407,900. This is significantly higher than the US median value of $338,100. In addition, Madeira has seen an impressive 10.68% increase in housing values over the past year; this rate is greater than the national average of 8.27%. Therefore, Madeira is a great place to consider investing in real estate as property values are steadily increasing here.
The median home cost in Madeira is $407,900. Home appreciation the last 10 years has been 86.6%. Home Appreciation in Madeira is up 16.6%.
Average Age of Homes
- The median age of Madeira real estate is 61 years old
The Rental Market in Madeira
- Renters make up 13.3% of the Madeira population
- 2.0% of houses and apartments in Madeira, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.