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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

$389,769

AVERAGE PRICE OF 367 HOMES

$1,899,214

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$445,087

AVERAGE PRICE OF 33 NEWLY BUILT HOMES

$732,450

AVERAGE PRICE OF 4 HOMES WITH A POOL

$322,966

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $389,769
Avg Bedrooms 2.92 beds
Avg Bathrooms 2.06 baths

Average Price by Bedrooms

1 bedroom $233,600
2 bedrooms $283,191
3 bedrooms $370,154
4 bedrooms $499,997
5 bedrooms $800,757
Madison Home Price Trends
  12/2020 11/2020 10/2020 9/2020 8/2020
Total Listings 479 641 750 774 795
Average Price $369,100 $358,837 $369,981 $365,512 $362,379
Avg Price Change +2.86% -3.11% +1.22% +0.86% +0.44%
Median Price $287,665 $289,807 $297,830 $295,624 $299,770
Med Price Change -0.74% -2.77% +0.75% -1.40% -0.04%
Avg Bedrooms 2.89 beds 2.87 beds 2.9 beds 2.87 beds 2.87 beds
Avg Bathrooms 2.03 baths 2.02 baths 2.06 baths 2.06 baths 2.04 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 86 $434,672 80 days
Lafollette 62 $286,627 43 days
Memorial 97 $324,502 74 days
Sun Prairie 12 $343,166 81 days
West 78 $482,267 96 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 367 $389,769 76 days
Multi-Million Dollar Homes 14 $1,899,214 234 days
Newly Built Homes 33 $445,087 160 days
Homes with a Pool 4 $732,450 60 days
Reduced Price Homes 6 $322,966 60 days

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