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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

$390,767

AVERAGE PRICE OF 617 HOMES

$1,973,606

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$549,855

AVERAGE PRICE OF 30 NEWLY BUILT HOMES

$482,000

AVERAGE PRICE OF 5 HOMES WITH A POOL

$338,371

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $390,767
Avg Bedrooms 2.94 beds
Avg Bathrooms 2.05 baths

Average Price by Bedrooms

1 bedroom $289,510
2 bedrooms $289,967
3 bedrooms $380,797
4 bedrooms $468,589
5 bedrooms $845,442
Madison Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 556 455 n/a 375 479
Average Price $387,679 $404,345 n/a $388,460 $369,100
Avg Price Change -4.30% n/a n/a +5.25% +2.86%
Median Price $314,586 $317,941 n/a $297,889 $287,665
Med Price Change -1.07% n/a n/a +3.55% -0.74%
Avg Bedrooms 2.94 beds 2.93 beds n/a 2.92 beds 2.89 beds
Avg Bathrooms 2.05 baths 2.11 baths n/a 2.07 baths 2.03 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 136 $452,430 49 days
Lafollette 122 $300,420 27 days
Memorial 161 $344,467 37 days
Sun Prairie 24 $292,604 35 days
West 128 $477,634 49 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 617 $390,767 41 days
Multi-Million Dollar Homes 18 $1,973,606 209 days
Newly Built Homes 30 $549,855 138 days
Homes with a Pool 5 $482,000 17 days
Reduced Price Homes 7 $338,371 42 days

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