As we enter into the 2nd quarter of the year, and the Spring Market, it's essential for anyone who currently owns a home in Cincinnati, or if you are thinking about buying or selling this year, to stay informed about the real estate market in Cincinnati, OH. Today we are specifically discussing the neighborhood of Madisonville, OH real estate market in this blog post, which is in the 45227 zip code. So, let's dive right in and take a look at the numbers.
March 2025
Madisonville, OH Real Estate Market News
First up, we have the Months Supply of Inventory, which is sitting at a low 2.15. This means that there are fewer homes available on the market in Madisonville, OH compared to the demand from buyers. With such limited inventory, sellers may have the upper hand in negotiations.
ACTIVE LISTINGS: 17 Single Family Homes for sale in Madisonville, prices range between $205,000 to $999,900
***2 of the 17 are New Construction or To be Built homes.
The combined median days on the market is just 6 days! This means that homes are selling swiftly, allowing sellers to move on to their next adventure, likely due to the high demand and low inventory. Buyers need to act fast when they find a home they love!
PENDING LISTINGS: 19 Single Family Homes under contract in Madisonville, prices range between $124,900 to $624,900
***4 of the 19 are New Construction or To be Built homes.
The List to Sold Price percentage stands strong at 99%. This means that homes are typically selling for very close to their list price, showing that sellers are pricing their homes competitively and buyers are willing to pay close to asking price, or more. Finally, the Median Sold Price in this market is $279,000. This gives both buyers and sellers a benchmark for pricing and offers insight into the overall affordability of homes in the area.
SOLD LISTINGS: 24 Single Family Homes sold in Madisonville, prices range between $132,500 to $500,000
***0 of the 24 are New Construction or To be Built homes.
Overall, these metrics paint a picture of a dynamic Madisonville, Oh real estate market with low inventory, fast-paced sales, and competitive pricing. Whether you're looking to buy or sell, it's essential to stay informed and act quickly in this market. Happy house hunting!
The Madisonville, Oh real estate market is heating up as we get ready to head into Spring!
As always, shop local for your lender and your real estate agent- they'll help you reach your goals! If you have any questions or need assistance with buying or selling a property in this area, please don't hesitate to reach out to me. I'm here to help!
Buying a House in Madisonville, What To Expect
Buyers, get your paperwork and financials in order. Due to the limited supply of homes available for potential buyers to choose from, homes are selling faster than ever. This is creating a competitive market for buyers looking to purchase a home in the Madisonville neighborhood of Cincinnati, OH, with potentially limited negotiating power, so you must be ready to act quickly and put your best offer forward from the start. Make smart, informed decisions by staying on top of the market data and what's trending. When you partner with an experienced realtor who knows the area well, they will be able to provide you with valuable insight on the current state of the Madisonville real estate market and can guide you through these dynamic market conditions.
Selling a House in Madisonville, What To Expect
Sellers, spruce up your home, turn-key properties that are professionally marketed will sell for the most money! With strong buyer demand for homes in the Madisonville area and low inventory levels, you have an opportunity to sell your property faster than in many other markets. This not only shows that the market is strong, but you also have the potential to achieve a competitive price for your home, possibly creating a multiple-offer situation that would net you more than you are asking. Be careful not to get caught up in all the excitement- it is more important now than ever before to fully vet your potential buyer before accepting a contract. When you partner with an experienced realtor they will be able to provide you with valuable insight on the current state of the Madisonville real estate market, how to minimize risk and maximize success when accepting an offer, and can guide you through these dynamic market conditions we are currently experiencing.
About The Author:
The above article “Madisonville, Oh Real Estate Market Update, March 2025” was provided by Kelly Gibbs. Kelly can be reached via email at kelly@kscincy.com or by phone at 513-290-6216.
If you’re thinking of buying or selling a home or an investment property in the Cincinnati area I would love to share my marketing knowledge and expertise to help you! Contact me today!
I service the following Greater Cincinnati, OH areas: Amberley, Anderson Township, City of Cincinnati, Clifton, Columbia Tusculum, Blue Ash, Deer Park, Hyde Park, Indian Hill, Kennedy Heights, Kenwood, Loveland, Madeira, Madisonville, Mariemont, Mason, Milford, Montgomery, Mt. Lookout, Mt. Washington, Newtown, North Avondale, Northside, Norwood, Oakley, Pleasant Ridge, Silverton, Sycamore Township, Symmes Township, and Walnut Hills.