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Area data

Madison, WI — ZIP 53703

Population: 37,659 (Census ACS)

Home values & appreciation

Median home value
$447,481
1-year appreciation
-6.5%
3-year appreciation
-8.3%
5-year appreciation
-2.7%
10-year appreciation
+39.8%
All-time peak (2025-04)
$496,554
House Price Index
459.9 (+5.7% YoY)

Market activity

Median sale price
$535,250
Median list price
$537,000
Median days on market
22 days
Sale-to-list ratio
100.8%
Active listings
7
1-year forecast
+0.9%
New listings (monthly)
24

Rents

Typical rent
$1,775/mo
1-year rent change
+2.2%
1BR fair-market rent
$978/mo
3BR fair-market rent
$1,599/mo

Affordability

Cost of living index (Below Average)
93.0 (100 = US avg)
Electricity rate (state-level)
18.2¢/kWh
Natural gas rate (state-level)
$10.70/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
8
Elementary schools
2
Middle schools
2
High schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
coldWave, hail, iceStorm, inlandFlooding, lightning
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
43.3 in

Air quality

Air quality rating
Good
Median AQI (annual)
50
Days with Good air quality
184
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
17.3 / 20
Transit service frequency
79

Amenities

Nearest airport
Dane County Regional Truax Field (MSN) (5 mi)
Nearest major airport
Dane County Regional Truax Field (MSN) (5 mi)
Hospitals nearby (~15 mi)
4
Avg hospital rating
5.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-1,181 tax filers

Housing stock

Median year housing built
1,979
Median annual property tax
$9,175
Mean commute to work
16 min
Households with broadband internet
77.0%

Employment & development

Total county employment
275,196
Average weekly wage
$1,370
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
1,256

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents