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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

    $464,885

    AVERAGE PRICE OF 261 HOMES

    $1,803,756

    AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

    $510,100

    AVERAGE PRICE OF 40 NEWLY BUILT HOMES

    $799,950

    AVERAGE PRICE OF 2 HOMES WITH A POOL

    $394,950

    AVERAGE PRICE OF 2 REDUCED PRICE HOMES

    Average Home

    Average Price $464,885
    Avg Bedrooms 2.84 beds
    Avg Bathrooms 2.08 baths

    Average Price by Bedrooms

    1 bedroom $303,470
    2 bedrooms $357,147
    3 bedrooms $417,514
    4 bedrooms $636,761
    5 bedrooms $1,149,825
    Madison Home Price Trends
      1/2023 12/2022 11/2022 10/2022 9/2022
    Total Listings n/a 318 437 478 489
    Average Price n/a $445,087 $434,279 $430,567 $420,546
    Avg Price Change n/a +2.49% +0.86% +2.38% -0.10%
    Median Price n/a $353,012 $350,893 $363,674 $362,520
    Med Price Change n/a +0.60% -3.64% +0.32% +0.74%
    Avg Bedrooms n/a 2.89 beds 2.91 beds 2.91 beds 2.91 beds
    Avg Bathrooms n/a 2.08 baths 2.03 baths 1.99 baths 2.01 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    East 67 $496,632 57 days
    Lafollette 57 $330,667 54 days
    Memorial 55 $424,605 54 days
    Sun Prairie East 14 $418,214 92 days
    West 42 $659,040 106 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 261 $464,885 71 days
    Multi-Million Dollar Homes 14 $1,803,756 112 days
    Newly Built Homes 40 $510,100 164 days
    Homes with a Pool 2 $799,950 72 days
    Reduced Price Homes 2 $394,950 36 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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