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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

$538,968

AVERAGE PRICE OF 408 HOMES

$1,891,722

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$509,198

AVERAGE PRICE OF 48 NEWLY BUILT HOMES

$595,300

AVERAGE PRICE OF 6 HOMES WITH A POOL

$485,973

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $538,968
Avg Bedrooms 2.88 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $320,870
2 bedrooms $351,061
3 bedrooms $566,557
4 bedrooms $677,121
5 bedrooms $1,015,169
Madison Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 327 287 345 464 513
Average Price $499,343 $466,759 $461,253 $461,589 $482,474
Avg Price Change +6.98% +1.19% -0.07% -4.52% -2.10%
Median Price $410,600 $399,238 $399,086 $399,597 $410,900
Med Price Change +2.85% +0.04% -0.13% -2.83% -2.21%
Avg Bedrooms 2.84 beds 2.85 beds 2.81 beds 2.84 beds 2.9 beds
Avg Bathrooms 2.15 baths 2.12 baths 2.07 baths 2.06 baths 2.11 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Memorial 100 $454,946 33 days
Total Homes Average Price Avg Days on Site
All Homes 408 $538,968 57 days
Multi-Million Dollar Homes 27 $1,891,722 45 days
Newly Built Homes 48 $509,198 225 days
Homes with a Pool 6 $595,300 40 days
Reduced Price Homes 8 $485,973 100 days