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Madison Township Housing Market Report June 2025•Licking County, Ohio

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Housing Prices in Madison Township, OH

How much do homes in Madison Township, OH cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Madison Township is a Buyer's Market

Difference Since June 2024

At the same time last year, Madison Township was a Seller's Market.

Insight

Madison Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$220,000$149/SqFt
+$10,000
+4.8%

Based on all homes sold in the last 12 months

Insight

Homes in Madison Township have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Madison Township was $220,000 in June 2025, up 4.8% from last year, and the median price per square foot was $149.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Madison Township
+4.8%
Newark
+2.9%
Newark Township
+2.7%
Franklin Township
0.0%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1--
N/A
2$133K$134K
+0.8%
3$205K$215.5K
+5.1%
4$260.5K$280K
+7.5%
5$252K$375K
+48.8%

Summary: Madison Township housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +0.8%. The home price for 3 bedroom homes increased by +5.1%. The home price for 4 bedroom homes increased by +7.5%. The home price for 5 bedroom homes increased by +48.8%.

How does Madison Township, OH compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Madison Township, OH

Housing supply in Madison Township, OH

How many homes are available in Madison Township, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
83Last MonthJun 2025
722 months agoMay 2025
+15.3 %
Change MoMMay – Jun

Summary: The Madison Township real estate market had 83 homes for sale in Jun 2025, a 15.3 % increase compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
10Last MonthJun 2025
232 months agoMay 2025
-56.5 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
101
+100.0%
288
0.0%
34453
+20.5%
41919
0.0%
512
+100.0%

Summary: Madison Township housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +20.5%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in Madison Township, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price1 Home

Under Asking Price6 Homes

Insight

If you're buying a home in Madison Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Madison Township in June 2025, down by 56.5% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and and 30% were sold over asking.

Days on Market for Madison Township, OH

How long does it take to sell a home in Madison Township, OH?

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days6 Homes

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Madison Township has remained consistent over time.

Summary: During June 2025, 10 homes were sold in Madison Township; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
28 DaysThis YearJun 2025
33 Days1 year agoJun 2024
-15.0 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in Madison Township had an average listing age of 28 days in Jun 2025, down by 15.0% compared to the previous year.

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Newest Listings in Madison Township, OH

What homes are available in Madison Township, OH?

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MLS Disclaimers and Copyright

Based on information from MLS Now, and Columbus and Central Ohio Regional MLS for the period 07/01/2023 - 07/01/2025

IDXCopyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/3/2025, 8:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/3/2025, 8:40:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.