Housing in Madison, WI

The housing market in Madison, WI is looking very promising. The median value of homes in the city is slightly lower than the national average at $337,500. Over the past year, homes have appreciated 13.44% compared to the nation's 8.27%. These figures indicate that now is a great time to invest in Madison's real estate market and take advantage of potential gains.

The median home cost in Madison is $337,500. Home appreciation the last 10 years has been 87.1%. Home Appreciation in Madison is up 15.5%.

Average Age of Homes

- The median age of Madison real estate is 41 years old

The Rental Market in Madison

- Renters make up 48.9% of the Madison population
- 2.0% of houses and apartments in Madison, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

HOUSING BY YEAR BUILT

HOUSING	Madison, Wisconsin	United States
	122,561	139,647,020
	44	42
	$337,500	$338,100
	15.5%	16.6%
	51.6%	57.0%
	87.1%	101.1%
	$20.63	$10.98
	$5,730	$2,690
	45.6%	57.4%
	4.3%	11.2%
	50.2%	31.4%
VACANT HOUSING
	2.0%	1.9%
	0.6%	0.4%
	0.3%	0.7%
	0.2%	0.4%
	0.6%	3.6%
	0.7%	4.1%
VALUE OF OWNER-OCCUPIED HOUSING
	1.0%	2.6%
	0.7%	2.4%
	0.2%	2.8%
	0.6%	3.9%
	0.9%	4.5%
	6.2%	11.3%
	12.4%	13.0%
	35.0%	20.1%
	22.5%	13.6%
	10.9%	8.3%
	7.0%	9.7%
	1.4%	3.9%
	0.8%	2.2%
	0.4%	0.8%
	0.1%	1.1%
HOUSING UNITS BY YEAR STRUCTURE BUILT
	0.1%	0.2%
	13.5%	13.6%
	13.5%	13.6%
	12.8%	13.6%
	9.8%	13.2%
	13.7%	14.8%
	12.8%	13.6%
	9.4%	10.0%
	4.5%	4.7%
	14.2%	12.2%

HOUSING MAP

Average Rent (3br)

Percent Home Appreciation (5yr)

Property Tax (%)

Median Home Cost

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Reviews for Madison 77 Reviews

Overall nice place to live - 5/19/2023
Have been living in Madison for almost 3 years. It’s very safe, ppl generally friendly and for a town of its size it has fair number of good restaurants and interesting... Read More

C | Madison, WI | Reply | No Replies

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Leaders head in the clouds & hands in your pockets - 11/8/2021
Lacks balance and zero accountability. ... Read More

dianne | Rochester, MN | Reply | No Replies

Terrible place to live! - 7/19/2021
Moved here five years ago and am ready to glorified college town! The rent is increasing astronomically, as are property taxes. The traffic is terrible and increasing... Read More

Mark | Milwaukee, WI | Reply | 2 Replies

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ZIP CODES IN MADISON, WI

53711, 53704, 53719, 53703, 53705, 53713, 53716, 53714, 53715, 53718, ... 13 more

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United States / Wisconsin / Madison Metro Area / Dane County / Madison / Zip Codes