Zip 53717 (Madison, WI) Housing

Housing in 53717 Madison, WI is thriving. The median value for a house in the area is $433,600, which is substantially higher than the US median value of $338,100. Over the last year the house appreciation rate in Madison has been 13.46%, significantly higher than the national average of 8.27%. This rapid appreciation rate shows that housing in 53717 Madison, WI is a sound and valuable investment.

The median home cost in Madison (zip 53717) is $433,600. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Madison (zip 53717) is up 15.5%.

Average Age of Homes

- The median age of Madison (zip 53717) real estate is 27 years old

The Rental Market in Madison (zip 53717)

- Renters make up 49.0% of the Madison (zip 53717) population
- 0.8% of houses and apartments in Madison (zip 53717), 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
	6,241.0	139,647,020.0
	30	42
	$433,600	$338,100
	15.5%	16.6%
	51.7%	57.0%
	87.6%	101.1%
	$22.11	$10.98
	$7,403	$2,690
	53.0%	57.4%
	0.8%	11.2%
	46.2%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	1.8%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	1.2%	4.5%
	3.7%	11.3%
	6.6%	13.0%
	28.7%	20.1%
	22.4%	13.6%
	17.8%	8.3%
	15.7%	9.7%
	1.9%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.2%	13.6%
	14.2%	13.6%
	30.2%	13.6%
	27.3%	13.2%
	17.4%	14.8%
	30.2%	13.6%
	0.1%	10.0%
	0.4%	4.7%
	0.7%	12.2%

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