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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

    $477,687

    AVERAGE PRICE OF 301 HOMES

    $1,773,975

    AVERAGE PRICE OF 9 MULTI-MILLION DOLLAR HOMES

    $535,660

    AVERAGE PRICE OF 45 NEWLY BUILT HOMES

    $387,500

    AVERAGE PRICE OF 2 HOMES WITH A POOL

    $501,939

    AVERAGE PRICE OF 5 REDUCED PRICE HOMES

    Average Home

    Average Price $477,687
    Avg Bedrooms 2.92 beds
    Avg Bathrooms 2.07 baths

    Average Price by Bedrooms

    1 bedroom $323,657
    2 bedrooms $366,610
    3 bedrooms $468,570
    4 bedrooms $571,383
    5 bedrooms $871,823
    Madison Home Price Trends
      11/2023 10/2023 9/2023 8/2023 7/2023
    Total Listings 376 412 387 379 394
    Average Price $480,492 $484,561 $492,940 $477,205 $478,984
    Avg Price Change -0.85% -1.73% +3.30% -0.37% +1.81%
    Median Price $418,691 $418,115 $412,421 $403,748 $404,796
    Med Price Change +0.14% +1.38% +2.15% -0.26% +2.81%
    Avg Bedrooms 2.94 beds 2.94 beds 2.97 beds 2.95 beds 2.97 beds
    Avg Bathrooms 2.1 baths 2.12 baths 2.11 baths 2.13 baths 2.15 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    East 62 $440,798 66 days
    Lafollette 56 $381,689 51 days
    Memorial 77 $444,877 41 days
    Sun Prairie East 21 $493,438 83 days
    West 56 $616,923 69 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 301 $477,687 66 days
    Multi-Million Dollar Homes 9 $1,773,975 244 days
    Newly Built Homes 45 $535,660 139 days
    Homes with a Pool 2 $387,500 34 days
    Reduced Price Homes 5 $501,939 55 days
    This information, provided by seller, listing broker, and other parties, may not have been verified. Copyright (or ©) 2023 South Central Wisconsin MLS Corporation. All rights reserved 2023.

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