Home Values

Madison County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Madison County is None. The median rent price in Madison County is $700, which is lower than the Columbus Metro median of $950.

Foreclosures will be a factor impacting home values in the next several years. In Madison County 0.6 homes are foreclosed (per 10,000). This is lower than the Columbus Metro value of 3.9 and also lower than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Madison County is 6.0%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Madison County homeowners underwater on their mortgage is 18.8%, which is higher than Columbus Metro at 17.6%.

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Relative ZHVI
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Madison County Market Overview

Data through Mar 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $155,300 Median sale price
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Madison County Market Health

Data through Apr 30, 2015
  • No recent data
  • No data Average days on Zillow
  • 18.8% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 6.0% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

0.6 homes(Jan 31, 2014) Madison County
3.9 homes Columbus Metro
3.9 homes United States
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Nearby Counties

Name Median ZHVI
Delaware County $238,000
Warren County $171,800
Union County $155,900
Name Median ZHVI
Fairfield County $145,900
Greene County $138,400
Franklin County $121,200
Name Median ZHVI
Miami County $115,000
Clark County $87,300
Ross County $83,500

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $97 Median sale price / sq ft
  • No data Listings with price cut
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Madison County Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,078 Madison County
    $1,262 Columbus Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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