Madison County, Ohio home prices
Typical home $320,250 · +2.2% in a year · property tax 1.02%
The typical home in Madison County is worth $320,250, 30% more than the Ohio typical home ($245,982). Values changed +2.2% in the past year and +22.1% over five years. Homeowners here pay a median 1.02% of their home's value in property tax each year ($3,254 on the typical home), versus 1.22% statewide.
Mortgage on the typical Madison County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $64,050 | $256,200 | $1,723 | $0 | $431 | $2,155 | $92,300 |
| 10% down | $32,025 | $288,225 | $1,939 | $120 | $431 | $2,490 | $106,700 |
| 5% down | $16,012 | $304,237 | $2,047 | $127 | $431 | $2,605 | $111,600 |
| 3.5% down (FHA) | $11,209 | $314,449 | $2,115 | $142 | $431 | $2,688 | $115,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.02% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Ohio · part of the Columbus metro area.
Ohio counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Clermont County | $326,509 | +2.2% | 1.25% |
| Butler County | $313,302 | +3.3% | 1.22% |
| Pickaway County | $327,922 | +2.5% | 1% |
| Greene County | $300,208 | +3.2% | 1.61% |
| Licking County | $340,409 | +4.0% | 1.22% |
| Franklin County | $292,001 | +0.0% | 1.47% |
| Medina County | $348,695 | +4.0% | 1.24% |
| Knox County | $288,681 | +4.6% | 1.07% |
| Morrow County | $286,534 | +4.4% | 1.06% |
| Hocking County | $284,239 | +3.7% | 0.99% |
Frequently asked questions
What is the average home price in Madison County, OH?
The typical home value in Madison County is $320,250 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Madison County?
About $92,300 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Madison County?
The median effective rate is 1.02% of home value a year (Census ACS 2024 5-year estimates).