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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

$363,475

AVERAGE PRICE OF 751 HOMES

$1,589,496

AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

$450,590

AVERAGE PRICE OF 62 NEWLY BUILT HOMES

$1,317,500

AVERAGE PRICE OF 4 HOMES WITH A POOL

$338,244

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $363,475
Avg Bedrooms 2.9 beds
Avg Bathrooms 2.04 baths

Average Price by Bedrooms

1 bedroom $215,047
2 bedrooms $288,696
3 bedrooms $332,368
4 bedrooms $479,113
5 bedrooms $734,324
Madison Home Price Trends
  9/2020 8/2020 7/2020 6/2020 5/2020
Total Listings 774 795 793 769 728
Average Price $365,512 $362,379 $360,794 $363,146 $372,238
Avg Price Change +0.86% +0.44% -0.65% -2.50% +1.68%
Median Price $295,624 $299,770 $299,900 $306,944 $319,343
Med Price Change -1.40% -0.04% -2.35% -4.04% +0.72%
Avg Bedrooms 2.87 beds 2.87 beds 2.9 beds 2.92 beds 2.97 beds
Avg Bathrooms 2.06 baths 2.04 baths 2.09 baths 2.1 baths 2.15 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 179 $372,326 52 days
Lafollette 163 $274,977 39 days
Memorial 188 $306,320 54 days
Sun Prairie 23 $333,793 75 days
West 148 $481,344 81 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 751 $363,475 58 days
Multi-Million Dollar Homes 22 $1,589,496 134 days
Newly Built Homes 62 $450,590 185 days
Homes with a Pool 4 $1,317,500 64 days
Reduced Price Homes 25 $338,244 71 days