Zip 45346 (New Madison, OH) Housing

Housing in 45346 New Madison, OH is more affordable than the US median value of $338,100 as the median value of housing in this area is $177,700. In the past year, the appreciation of houses in 45346 New Madison was 11.90%, which is higher than the US 1-year house appreciation rate of 8.27%. This suggests that housing prices in 45346 New Madison are increasing at a faster rate than those across the US, making it an attractive option for potential buyers looking to take advantage of the rising costs in this area.

The median home cost in New Madison (zip 45346) is $177,700. Home appreciation the last 10 years has been 75.2%. Home Appreciation in New Madison (zip 45346) is up 13.0%.

Average Age of Homes

- The median age of New Madison (zip 45346) real estate is 78 years old

The Rental Market in New Madison (zip 45346)

- Renters make up 15.1% of the New Madison (zip 45346) population
- 0.0% of houses and apartments in New Madison (zip 45346), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Madison, Ohio	United States
	972.0	139,647,020.0
	67	42
	$177,700	$338,100
	13.0%	16.6%
	54.5%	57.0%
	75.2%	101.1%
	$11.55	$10.98
	$1,350	$2,690
	66.6%	57.4%
	5.6%	11.2%
	27.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	4.2%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	3.4%	2.6%
	4.2%	2.4%
	5.1%	2.8%
	14.2%	3.9%
	17.2%	4.5%
	14.8%	11.3%
	14.5%	13.0%
	22.6%	20.1%
	1.2%	13.6%
	0.0%	8.3%
	2.2%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.4%	13.6%
	1.4%	13.6%
	12.6%	13.6%
	8.0%	13.2%
	9.6%	14.8%
	12.6%	13.6%
	16.2%	10.0%
	5.8%	4.7%
	37.6%	12.2%

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