Madeira, OH Real Estate

According to census data in the year 2000 there were 3,530 housing units in Madeira. This represents a 1% decline from 3,565 in 1990.

Of those housing units, 3,530 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Madeira is about 91.3%. Madeira's vacancy rate, including seasonal lodging, is about 2.9%. Average household size is 2.53 people.

The majority of houses, apartments or condos in Madeira were built after 1955.


Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom3.60%
Two Bedrooms20.80%
Three Bedrooms43.60%
Four Bedrooms26.60%
Five Bedrooms or more5%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1956
Median Value of occupied units$159,700
Median Price asked for vacant units$200,000

Rented Homes, Apartments and Condos

Average Household Size2.1
Median year structure was built1949
Median Monthly Rent asked for vacant units$464

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage7%
Home Equity Loan12.50%
Simple Mortgage41.80%
Debt Free37.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.5%