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Madison Market Report

$408,315

AVERAGE PRICE OF 352 HOMES

$2,034,575

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$582,842

AVERAGE PRICE OF 25 NEWLY BUILT HOMES

$503,333

AVERAGE PRICE OF 3 HOMES WITH A POOL

$361,600

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $408,315
Avg Bedrooms 2.92 beds
Avg Bathrooms 2.05 baths

Average Price by Bedrooms

1 bedroom $313,958
2 bedrooms $313,884
3 bedrooms $411,906
4 bedrooms $465,312
5 bedrooms $689,532
Madison Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 331 282 n/a 275 367
Average Price $406,859 $430,666 n/a $415,592 $383,951
Avg Price Change -5.85% n/a n/a +8.24% +3.75%
Median Price $321,120 $324,171 n/a $303,077 $286,767
Med Price Change -0.95% n/a n/a +5.69% -1.16%
Avg Bedrooms 2.94 beds 2.97 beds n/a 2.93 beds 2.87 beds
Avg Bathrooms 2.06 baths 2.13 baths n/a 2.1 baths 2.04 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 74 $501,041 53 days
Lafollette 69 $304,288 27 days
Memorial 86 $354,392 47 days
Sun Prairie 11 $326,236 47 days
West 80 $464,084 45 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 352 $408,315 44 days
Multi-Million Dollar Homes 12 $2,034,575 189 days
Newly Built Homes 25 $582,842 173 days
Homes with a Pool 3 $503,333 22 days
Reduced Price Homes 6 $361,600 49 days

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