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Madison Market Report

$474,563

AVERAGE PRICE OF 295 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

$543,299

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $474,563
Avg Bedrooms 2.89 beds
Avg Bathrooms 2.07 baths

Average Price by Bedrooms

1 bedroom $324,847
2 bedrooms $365,484
3 bedrooms $468,969
4 bedrooms $557,685
5 bedrooms $934,436
Madison Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 367 403 379 370 386
Average Price $484,252 $487,550 $495,931 $479,794 $480,804
Avg Price Change -0.68% -1.72% +3.36% -0.21% +2.12%
Median Price $421,872 $420,198 $415,495 $405,301 $407,514
Med Price Change +0.40% +1.13% +2.52% -0.55% +3.41%
Avg Bedrooms 2.95 beds 2.94 beds 2.96 beds 2.95 beds 2.96 beds
Avg Bathrooms 2.11 baths 2.13 baths 2.12 baths 2.12 baths 2.14 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 61 $437,778 70 days
Lafollette 57 $382,894 52 days
Memorial 77 $444,261 44 days
Sun Prairie East 21 $493,438 87 days
West 54 $600,309 70 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 295 $474,563 68 days
Multi-Million Dollar Homes 9 $1,773,975 248 days
Newly Built Homes 45 $535,660 143 days
Homes with a Pool 2 $387,500 38 days
Reduced Price Homes 3 $543,299 55 days

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