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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

$474,007

AVERAGE PRICE OF 333 HOMES

$1,773,975

AVERAGE PRICE OF 9 MULTI-MILLION DOLLAR HOMES

$535,660

AVERAGE PRICE OF 45 NEWLY BUILT HOMES

$387,500

AVERAGE PRICE OF 2 HOMES WITH A POOL

$510,200

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $474,007
Avg Bedrooms 2.91 beds
Avg Bathrooms 2.06 baths

Average Price by Bedrooms

1 bedroom $331,157
2 bedrooms $358,175
3 bedrooms $466,581
4 bedrooms $580,719
5 bedrooms $873,353
Madison Home Price Trends
  10/2023 9/2023 8/2023 7/2023 6/2023
Total Listings 412 387 379 394 434
Average Price $484,561 $492,940 $477,205 $478,984 $470,460
Avg Price Change -1.73% +3.30% -0.37% +1.81% +2.65%
Median Price $418,115 $412,421 $403,748 $404,796 $393,725
Med Price Change +1.38% +2.15% -0.26% +2.81% +3.32%
Avg Bedrooms 2.94 beds 2.97 beds 2.95 beds 2.97 beds 2.94 beds
Avg Bathrooms 2.12 baths 2.11 baths 2.13 baths 2.15 baths 2.09 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 81 $435,934 56 days
Lafollette 63 $379,955 48 days
Memorial 71 $445,516 45 days
Sun Prairie East 22 $493,736 74 days
West 63 $606,928 64 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 333 $474,007 62 days
Multi-Million Dollar Homes 9 $1,773,975 236 days
Newly Built Homes 45 $535,660 131 days
Homes with a Pool 2 $387,500 26 days
Reduced Price Homes 6 $510,200 34 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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