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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. via inc.com

Madison Market Report

$479,830

AVERAGE PRICE OF 283 HOMES

$1,741,815

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$509,355

AVERAGE PRICE OF 29 NEWLY BUILT HOMES

$1,190,000

AVERAGE PRICE OF 3 HOMES WITH A POOL

$664,600

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $479,830
Avg Bedrooms 2.88 beds
Avg Bathrooms 2.14 baths

Average Price by Bedrooms

1 bedroom $366,031
2 bedrooms $345,392
3 bedrooms $432,588
4 bedrooms $619,590
5 bedrooms $1,204,558
Madison Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 285 253 312 429 470
Average Price $456,563 $459,540 $446,437 $435,941 $432,673
Avg Price Change -0.65% +2.94% +2.41% +0.76% +2.67%
Median Price $368,341 $363,461 $353,044 $351,058 $364,053
Med Price Change +1.34% +2.95% +0.57% -3.70% +0.46%
Avg Bedrooms 2.82 beds 2.87 beds 2.89 beds 2.91 beds 2.91 beds
Avg Bathrooms 2.08 baths 2.1 baths 2.08 baths 2.03 baths 2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 50 $501,287 53 days
Lafollette 63 $359,330 31 days
Memorial 62 $417,903 42 days
Sun Prairie East 13 $388,930 79 days
West 64 $617,242 75 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 283 $479,830 59 days
Multi-Million Dollar Homes 18 $1,741,815 115 days
Newly Built Homes 29 $509,355 190 days
Homes with a Pool 3 $1,190,000 64 days
Reduced Price Homes 3 $664,600 28 days

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Stark Company Realtors
2980 Arapaho Dr.
Madison, WI 53719
608-443-4868

Fair Housing/Equal Opportunity
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IDX information is provided exclusively for consumers' personal, non-commercial use. Data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, provided by seller, listing broker, and other parties, may not have been verified. Copyright 2023 South Central Wisconsin MLS Corporation. All rights reserved.
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