New Madison, OH
Full City Profile · Ohio · Preble County County
3.0
/5.0
B
Good
804
Population
1,711/sq mi density
$64,688
Median Income
$31,173 per capita
$107,800
Home Value
$200,194 Zillow
$850
Median Rent
27.5% income on rent
52°F
Avg Temperature
293 sunny days/yr
307
Violent Crime/100K
2,516 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$64,688 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$107,800 home value, $850/mo rent
F
Safety
1.0 / 5.0
307 violent crimes/100K
C
Education
2.2 / 5.0
14.7% bachelor's degree or higher
Housing Overview
Median Home Value
$107,800
62% below
US avg: $281,900
Median Rent
$850/mo
27% below
US avg: $1,163/mo
Homeownership Rate
75.4%
15% above US avg (65.4%)
Total Housing Units
399
Median year built: 1949
Home Value by Source
Census Median
$107,800
Zillow (ZHVI)
$200,194
Median Sale Price
$119,900
Median List Price
$212,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.4%
Owner-Occupied
24.6%
Renter-Occupied
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:
$850/mo
Market Indicators (Redfin)
Median Days on Market
43 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$139
Active Inventory
4
homes for sale
Affordability & Housing Stock
Rent Burden
27.5%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1949
Average age of housing stock: 77 years
Homeownership Rate
75.4%
Complete Housing Data
Home Values
| Census Median Value | $107,800 |
| Zillow Home Value (ZHVI) | $200,194 |
| Median Sale Price | $119,900 |
| Median List Price | $212,000 |
| Price Per Sq Ft | $139 |
Rent
| Census Median Rent | $850 |
| 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 Market | 43 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.0% |
| Homes Sold | 1 |
| Active Inventory | 4 |
| Price Per Sq Ft | $139 |
Ownership & Stock
| Owner-Occupied | 75.4% |
| Renter-Occupied | 24.6% |
| Homeownership Rate | 75.4% |
| Total Housing Units | 399 |
| Median Year Built | 1949 |
| Rent Burden | 27.5% |
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