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Madison Market Report

$493,855

AVERAGE PRICE OF 507 HOMES

$232,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,593,368

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$500,060

AVERAGE PRICE OF 56 NEWLY BUILT HOMES

$733,300

AVERAGE PRICE OF 3 HOMES WITH A POOL

$447,814

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $493,855
Avg Bedrooms 2.84 beds
Avg Bathrooms 2.14 baths

Average Price by Bedrooms

1 bedroom $375,741
2 bedrooms $384,042
3 bedrooms $482,303
4 bedrooms $633,736
5 bedrooms $718,442
Madison Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 423 337 274 246 284
Average Price $461,190 $471,750 $475,006 $480,957 $479,832
Avg Price Change -2.29% -0.69% -1.25% +0.23% -0.92%
Median Price $405,666 $412,383 $413,255 $420,399 $409,722
Med Price Change -1.66% -0.21% -1.73% +2.61% -2.97%
Avg Bedrooms 2.81 beds 2.86 beds 2.95 beds 2.92 beds 2.9 beds
Avg Bathrooms 2.14 baths 2.13 baths 2.09 baths 2.07 baths 2.08 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Memorial 116 $457,374 32 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 507 $493,855 48 days
Distressed Homes 2 $232,500 42 days
Multi-Million Dollar Homes 19 $1,593,368 112 days
Newly Built Homes 56 $500,060 138 days
Homes with a Pool 3 $733,300 45 days
Reduced Price Homes 7 $447,814 37 days

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

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