Is New Madison, OH 45346 a buyer’s or seller’s market?
New Madison is a seller’s market. With about 1.1 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The New Madison housing market right now
In the three months ending August 31, 2026, 0% of homes in New Madison, OH 45346 sold above their list price, the typical home went under contract in 88 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold more slowly (26 days then) and the median sale price rose 15% to $172,925. Overall, New Madison is less competitive than a year ago, which gives buyers more room.
Within Darke County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Bradford 45308 (29% sold over asking) and Union City 45390 (20% sold over asking) are even more competitive.
Run the numbers for 45346
Nearby markets
Ansonia 45303Balanced $146 /sq ftArcanum 45304Seller’s market $156 /sq ftBradford 45308Seller’s market $145 /sq ftGettysburg 45328 — /sq ft Browse all markets →Towns like New Madison nearby
Find towns like New Madison in other states →Where New Madison is
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Questions about New Madison real estate
Is New Madison a buyer’s or seller’s market?
A seller’s market: there were 1.1 months of supply in New Madison, OH 45346 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in New Madison?
The typical home went under contract in 88 days in the latest three months.
Do homes in New Madison sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 91.9% of the list price.
What are property taxes in New Madison?
About 0.91% of a home’s value a year in Darke County, or roughly $3,640 on a $400,000 home.
What is the median home price in New Madison?
The median sale price was $172,925 in the three months ending August 31, 2026, about $110 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology