Is Madison, OH 44057 a buyer’s or seller’s market?

The Madison housing market right now

In the three months ending August 31, 2026, 41% of homes in Madison, OH 44057 sold above their list price, the typical home went under contract in 35 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 65 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 39%, homes sold about as fast and the median sale price rose 12% to $229,901. Overall, Madison is more competitive than a year ago, so tougher for buyers.

Within Lake County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Madison ranks #218 of 489 OH ZIP codes with enough sales (score 63 out of 100).

Nearby, buyers who want less competition could look at Perry 44081 (30% sold over asking) or Willoughby 44094 (32% sold over asking), while Grand River 44045 (50% sold over asking) and Eastlake 44095 (48% sold over asking) are even more competitive.