Lotvox market story
ZIP 43140
Madison County, OH
What homes are worth, what they cost to carry, how fast they sell — one step at a time.
- Typical home value
- $306,980
- 12-month change
- +2.3%
- Months of supply
- 2.2
This week since 2026-10-08: Months of supply 2.2 (was 2.3) · Payment share of income 24.7% (was 24.4%)
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Who's going to sell in 43140 this year?
Lotvox Turnover Index
Ranking every home in 43140 by how likely it is to sell
The Lotvox Turnover Index isn't offered for 43140 yet.
Where
43140 in Madison County, OH
43140 is one of 7 ZIP codes that lie mostly in Madison County, OH — 96% of its own area is in the county.
Shaded by typical home value, it ranks 3 of the 7 with a value.
- Value rank in county
- 3 of 7
Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research
Local life
Schools in 43140
10 school locations in 43140: 4 elementary, 3 middle, 3 high.
In alphabetical order: Buckeye Community School - London, London Elementary School, London High School, London MIddle School, and more on the ZIP page. Locations only — no ratings are shown here.
- School locations
- 10
Source: U.S. Department of Education, National Center for Education Statistics (school locations)
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What it costs
Home values
What homes are worth in 43140
In January 2000 the typical home in 43140 was worth $117,924.
Values peaked at $306,980 in August 2026. The latest reading is the peak.
As of August 2026: $306,980, +2.3% over twelve months.
- Typical home value
- $306,980
- 12-month change
- +2.3%
Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31
Housing pulse
Monthly cost vs. price
Start with the typical home: $306,980. Put 20% down and borrow $245,584 at 7.40%, the 30-year fixed average as of October 8, 2026.
That is $1,700 a month in principal and interest.
The median household here earns $82,598 a year, $6,883 a month. So the payment takes 24.7% of income — rated “affordable” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).
The line holds today's rate fixed and moves only the price: at that rate, the same share was 9.5% in 2000.
- Payment share of income
- 24.7%
- Monthly P&I
- $1,700
Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31
Lotvox lens
The payment, at each month's rate
Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $706.
In December 2020, with rates at 2.68%, it was $738.
By August 2026, at 6.67%, it was $1,579 — +114% since December 2020, while the home's value moved +35%.
- Payment change since 2020
- +114%
Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Lotvox lens
Home value after inflation
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.
Reported values rose +160% since January 2000.
General prices (CPI-U) rose +97% over the same span.
Divide one by the other: in August 2026 dollars, the 2000 home was worth $232,735. So the real change is +32%, not +160%.
- Real change since 2000
- +32%
Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.
Home values
43140 against its neighbors
43140: +160% since January 2000.
Madison County: +156% since January 2000.
Ohio: +133% since January 2000 — 43140 ran ahead of it by 27 points.
- Change since 2000
- +160%
Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Lotvox lens
Rent or own
Owning the typical home costs about $2,007 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,383 a month.
Price divided by a year's rent: 18.5. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.
- Price-to-rent
- 18.5
Source: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)
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What's moving
Housing pulse
Listings Flow Ladder
Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 25 a month (Redfin, 3-month rolling data through August 2026). That is 77% of the 2015–2019 level for the same months.
On the shelf — homes for sale at the end of the period: 49.
Going out — closed sales: about 22 a month. That is 73% of the 2015–2019 level for the same months.
The ladder: homes for sale ÷ monthly sales = 2.2 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.
The net reading: about 3 more homes came on than sold each month, so inventory is growing. The basin is filling.
- Months of supply
- 2.2
Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08-31
Housing pulse
Sales pace vs. normal
Homes sold: about 22 a month in August 2026 (Redfin).
The 2015–2019 level for the same month was 26 — so sales ran at 85% of it, and below it in 15 of the last 24 months.
- Sales vs 2015–19 level
- 85%
Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08
New supply
Homes being permitted
Across Madison County, builders pulled permits for 420 new homes in 2025.
Of those, 96% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).
- Units permitted 2025
- 420
Source: U.S. Census Bureau, Building Permits Survey · data as of 2025
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Who's holding, who's leaving
Housing pulse
Migration and inventory
This ZIP sits in Madison County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 1,057 moved in. Among the ten receiving the most, 863 moved out.
Net across those counties: +194 households. Beside it, homes for sale in this ZIP: 49 in June 2026.
Most arrivals came from Franklin, OH (744 households); most departures went to Franklin, OH (446).
- Net households (top-10 flows)
- +194
Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01
County records
On the county rolls
County assessor records list 147 properties with a market value here. Their average assessed market value is $349,100; the typical home value is $306,980.
The assessor average sits +13.7% from the market figure — an average against a typical value, so treat it as a check, not a verdict.
- Properties on the roll
- 147
Source: County assessor and recorder public records; Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above)
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