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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

$369,557

AVERAGE PRICE OF 281 HOMES

$1,709,554

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$459,922

AVERAGE PRICE OF 33 NEWLY BUILT HOMES

$1,050,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$373,940

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $369,557
Avg Bedrooms 2.76 beds
Avg Bathrooms 1.93 baths

Average Price by Bedrooms

1 bedroom $279,736
2 bedrooms $276,996
3 bedrooms $391,986
4 bedrooms $478,944
5 bedrooms $596,960
Madison Home Price Trends
  12/2021 11/2021 10/2021 9/2021 8/2021
Total Listings 354 n/a 622 657 686
Average Price $365,232 n/a $372,702 $379,279 $385,094
Avg Price Change n/a n/a -1.76% -1.53% +1.59%
Median Price $315,712 n/a $323,577 $326,565 $329,774
Med Price Change n/a n/a -0.92% -0.98% -0.49%
Avg Bedrooms 2.85 beds n/a 2.95 beds 2.94 beds 2.94 beds
Avg Bathrooms 1.97 baths n/a 2.02 baths 2.05 baths 2.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 72 $362,234 61 days
Lafollette 60 $314,991 39 days
Memorial 61 $320,671 42 days
Sun Prairie 9 $351,600 50 days
West 58 $463,514 82 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 281 $369,557 57 days
Multi-Million Dollar Homes 5 $1,709,554 127 days
Newly Built Homes 33 $459,922 104 days
Homes with a Pool 1 $1,050,000 92 days
Reduced Price Homes 5 $373,940 56 days