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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

$375,756

AVERAGE PRICE OF 669 HOMES

$1,799,193

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$521,723

AVERAGE PRICE OF 32 NEWLY BUILT HOMES

$604,850

AVERAGE PRICE OF 4 HOMES WITH A POOL

$330,129

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $375,756
Avg Bedrooms 2.94 beds
Avg Bathrooms 2.05 baths

Average Price by Bedrooms

1 bedroom $241,971
2 bedrooms $276,502
3 bedrooms $388,907
4 bedrooms $440,384
5 bedrooms $652,876
Madison Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 686 680 697 639 556
Average Price $385,094 $379,081 $379,094 $388,654 $387,679
Avg Price Change +1.59% 0.00% -2.52% +0.25% -4.30%
Median Price $329,774 $331,389 $325,320 $320,458 $314,586
Med Price Change -0.49% +1.87% +1.52% +1.87% -1.07%
Avg Bedrooms 2.94 beds 2.95 beds 2.98 beds 2.95 beds 2.94 beds
Avg Bathrooms 2.05 baths 2.08 baths 2.08 baths 2.05 baths 2.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 148 $383,552 39 days
Lafollette 147 $306,004 31 days
Memorial 165 $338,017 45 days
Sun Prairie 19 $300,326 37 days
West 136 $465,902 49 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 669 $375,756 42 days
Multi-Million Dollar Homes 14 $1,799,193 83 days
Newly Built Homes 32 $521,723 132 days
Homes with a Pool 4 $604,850 25 days
Reduced Price Homes 24 $330,129 29 days