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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

$472,717

AVERAGE PRICE OF 373 HOMES

$2,191,992

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$487,131

AVERAGE PRICE OF 35 NEWLY BUILT HOMES

$531,107

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $472,717
Avg Bedrooms 2.76 beds
Avg Bathrooms 2.02 baths

Average Price by Bedrooms

1 bedroom $279,328
2 bedrooms $299,678
3 bedrooms $496,113
4 bedrooms $608,763
5 bedrooms $695,730
Madison Home Price Trends
  1/2026 12/2025 11/2025 10/2025 9/2025
Total Listings 301 390 526 588 587
Average Price $474,521 $471,402 $458,515 $473,585 $476,801
Avg Price Change +0.66% +2.81% -3.29% -0.68% -1.05%
Median Price $400,929 $402,713 $413,870 $419,000 $415,170
Med Price Change -0.44% -2.77% -1.24% +0.92% -0.44%
Avg Bedrooms 2.71 beds 2.68 beds 2.76 beds 2.8 beds 2.77 beds
Avg Bathrooms 2.03 baths 2.03 baths 2.04 baths 2.07 baths 2.04 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Memorial 127 $487,891 59 days
Total Homes Average Price Avg Days on Site
All Homes 373 $472,717 62 days
Multi-Million Dollar Homes 12 $2,191,992 96 days
Newly Built Homes 35 $487,131 129 days
Reduced Price Homes 14 $531,107 54 days