Madison Market Report
$439,917
AVERAGE PRICE OF 403 HOMES$205,000
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,797,043
AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES$511,872
AVERAGE PRICE OF 36 NEWLY BUILT HOMES$1,250,000
AVERAGE PRICE OF 1 HOMES WITH A POOL$322,920
AVERAGE PRICE OF 5 REDUCED PRICE HOMESAverage Home
| Average Price | $439,917 |
| Avg Bedrooms | 2.94 beds |
| Avg Bathrooms | 2.05 baths |
Average Price by Bedrooms
| 1 bedroom | $315,688 |
| 2 bedrooms | $301,639 |
| 3 bedrooms | $397,644 |
| 4 bedrooms | $592,612 |
| 5 bedrooms | $1,380,817 |
Madison Home Price Trends
| 10/2022 | 9/2022 | 8/2022 | 7/2022 | 6/2022 | |
|---|---|---|---|---|---|
| Total Listings | 470 | 482 | 557 | 577 | n/a |
| Average Price | $432,673 | $421,402 | $421,676 | $420,172 | n/a |
| Avg Price Change | +2.67% | -0.07% | +0.36% | n/a | n/a |
| Median Price | $364,053 | $362,368 | $359,861 | $361,212 | n/a |
| Med Price Change | +0.46% | +0.70% | -0.38% | n/a | n/a |
| Avg Bedrooms | 2.91 beds | 2.91 beds | 2.92 beds | 2.95 beds | n/a |
| Avg Bathrooms | 2 baths | 2.01 baths | 2.05 baths | 2.07 baths | n/a |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| East | 91 | $427,669 | 48 days |
| Lafollette | 89 | $329,592 | 41 days |
| Memorial | 94 | $446,093 | 52 days |
| Sun Prairie East | 17 | $421,458 | 56 days |
| West | 74 | $548,189 | 81 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 403 | $439,917 | 57 days |
| Distressed Homes | 1 | $205,000 | 18 days |
| Multi-Million Dollar Homes | 18 | $1,797,043 | 87 days |
| Newly Built Homes | 36 | $511,872 | 127 days |
| Homes with a Pool | 1 | $1,250,000 | 65 days |
| Reduced Price Homes | 5 | $322,920 | 36 days |
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