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Madison

Why you'd want to live in Madison

Madison, the capital city of Wisconsin, lies west of Milwaukee. It’s known for the domed Wisconsin State Capitol, which sits on an isthmus between lakes Mendota and Monona. The Wisconsin Historical Museum documents the state’s immigrant and farming history. The city's paved Capital City State Trail runs past Monona Terrace, a lakefront convention center designed by Frank Lloyd Wright.

Madison Market Report

$459,428

AVERAGE PRICE OF 430 HOMES

$1,710,681

AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

$510,300

AVERAGE PRICE OF 27 NEWLY BUILT HOMES

$719,000

AVERAGE PRICE OF 5 HOMES WITH A POOL

$514,700

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $459,428
Avg Bedrooms 2.91 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

1 bedroom $352,340
2 bedrooms $358,459
3 bedrooms $413,346
4 bedrooms $578,815
5 bedrooms $1,259,179
Madison Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 418 372 290 288 258
Average Price $458,335 $466,626 $469,849 $454,237 $456,731
Avg Price Change -1.81% -0.69% +3.44% -0.55% +2.62%
Median Price $381,079 $383,662 $380,560 $365,951 $361,621
Med Price Change -0.68% +0.82% +3.99% +1.20% +2.44%
Avg Bedrooms 2.92 beds 2.89 beds 2.87 beds 2.82 beds 2.86 beds
Avg Bathrooms 2.13 baths 2.13 baths 2.11 baths 2.08 baths 2.1 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 82 $448,499 29 days
Lafollette 98 $349,579 35 days
Memorial 126 $440,177 33 days
Sun Prairie East 14 $370,842 51 days
West 77 $593,670 59 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 430 $459,428 44 days
Multi-Million Dollar Homes 17 $1,710,681 108 days
Newly Built Homes 27 $510,300 190 days
Homes with a Pool 5 $719,000 44 days
Reduced Price Homes 4 $514,700 37 days
This information, provided by seller, listing broker, and other parties, may not have been verified. Copyright (or ©) 2023 South Central Wisconsin MLS Corporation. All rights reserved 2023.

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