Madison

🏡 Madison, Ohio – Community & Real Estate Overview

📍 Location & Vibe

Madison is a welcoming township and village located in Lake County, about 45 miles northeast of downtown Cleveland. Set near the shores of Lake Erie, it offers a mix of rural charm, lakeside living, and suburban conveniences. Madison is one of the larger communities in the county by land area, featuring scenic vineyards, farmland, and growing residential developments.


👨‍👩‍👧‍👦 Demographics & Lifestyle

  • Population: Approximately 18,000 (combined village and township)

  • Median Age: Around 44 years

  • Median Household Income: ~$75,000–$82,000

  • Education: High school graduation rates exceed 90%, and nearly 30% hold a college degree

  • Homeownership Rate: Over 80%

Madison is popular with families, retirees, and remote workers who value privacy, nature, and a sense of community, while still having access to shopping, dining, and medical facilities.


🏫 Schools & Education

  • School District: Madison Local School District is the main educational provider in the area. It offers a strong academic foundation, dedicated staff, and numerous extracurricular and sports programs.

  • Nearby Institutions: The region also offers access to technical schools and Lakeland Community College within a short drive.


🏘 Real Estate Market Snapshot

Pricing & Trends

  • Median Listing Price: ~$250,000–$310,000

  • Median Sale Price: ~$235,000–$290,000

  • Average Price per Sq Ft: ~$145–$165

  • Days on Market: Typically 15 to 30 days

Housing Options

Madison’s housing stock is diverse, including:

  • Ranch, colonial, and split-level homes

  • Farmhouses and custom-built homes on acreage

  • Newer subdivisions with updated features

  • Lake Erie waterfront homes with private access

  • Modular and manufactured homes in some areas


🌟 Why Buyers Choose Madison

  1. Affordable Housing – Madison offers excellent value with larger lots and lower price points compared to Cleveland suburbs.

  2. Lakeside Living – Many homes are near Lake Erie, with opportunities for fishing, boating, and beach access.

  3. Open Space & Nature – Wide-open landscapes, vineyards, and parks are key attractions.

  4. Family-Friendly Environment – Safe streets, active school events, and youth sports are important to the community.

  5. Convenient Access – Easy access to Route 20 and I-90 makes commuting and travel straightforward.


📊 Market Summary Table

FeatureData
Median Listing Price~$250K–$310K
Median Sale Price~$235K–$290K
Price per Sq Ft~$145–$165
Days on Market~15–30 days
Median Household Income~$75K–$82K
Homeownership Rate~80%+

✅ Final Thoughts

Madison, Ohio delivers a peaceful, affordable lifestyle with beautiful natural surroundings, great schools, and a strong sense of community. Whether you’re buying your first home, upgrading for more space, or retiring near the lake, Madison is a well-rounded choice that continues to grow in popularity. Its real estate market remains attractive due to steady demand and long-term value.