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London, OH

Full City Profile · Ohio · Madison County County

3.1 /5.0
B Good
10,403 Population 1,238/sq mi density
$60,364 Median Income $36,045 per capita
$194,800 Home Value $276,474 Zillow
$912 Median Rent 27.1% income on rent
52°F Avg Temperature 293 sunny days/yr
252 Violent Crime/100K 2,093 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$60,364 median income, 3.4% unemployment
A+
Affordability
4.9 / 5.0
$194,800 home value, $912/mo rent
F
Safety
1.0 / 5.0
252 violent crimes/100K
C+
Education
2.7 / 5.0
21.0% bachelor's degree or higher

Housing Overview

Median Home Value
$194,800
31% below
US avg: $281,900
Median Rent
$912/mo
22% below
US avg: $1,163/mo
Homeownership Rate
64.1%
2% below US avg (65.4%)
Total Housing Units
4,755
Median year built: 1972

Home Value by Source

Census Median
$194,800
Zillow (ZHVI)
$276,474
Median Sale Price
$250,000
Median List Price
$259,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

64.1%
Owner-Occupied
35.9%
Renter-Occupied
64%
36%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent: $912/mo

Market Indicators (Redfin)

Median Days on Market
69 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
14
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$171
Active Inventory
30
homes for sale

Affordability & Housing Stock

Rent Burden
27.1%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
64.1%

Complete Housing Data

Home Values

Census Median Value$194,800
Zillow Home Value (ZHVI)$276,474
Median Sale Price$250,000
Median List Price$259,900
Price Per Sq Ft$171

Rent

Census Median Rent$912
FMR Studio$816
FMR 1-Bedroom$873
FMR 2-Bedroom$1,092
FMR 3-Bedroom$1,388
FMR 4-Bedroom$1,550

Market

Days on Market69
Sale-to-List Ratio1.0%
Price Drops16.7%
Homes Sold14
Active Inventory30
Price Per Sq Ft$171

Ownership & Stock

Owner-Occupied64.1%
Renter-Occupied35.9%
Homeownership Rate64.1%
Total Housing Units4,755
Median Year Built1972
Rent Burden27.1%