Skip to main content

Area data

Madison, WI — ZIP 53704

Population: 46,730 (Census ACS)

Home values & appreciation

Median home value
$384,292
1-year appreciation
+2.0%
3-year appreciation
+8.1%
5-year appreciation
+20.9%
10-year appreciation
+72.5%
All-time peak (2026-04)
$384,562
House Price Index
459.9 (+5.7% YoY)

Market activity

Median sale price
$460,000
Median list price
$450,000
Median days on market
78 days
Sale-to-list ratio
97.1%
1-year forecast
+1.8%
Days to pending
25 days
New listings (monthly)
57

Rents

Typical rent
$1,576/mo
1-year rent change
+2.4%
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
14
Elementary schools
7
Middle schools
2
High schools
2
Charter schools
1

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)

Average annual temperature
51.0°F
Average high
59.0°F
Average low
42.0°F
Annual precipitation
33.0 in
Annual snowfall
45.6 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
11.5 / 20
Transit service frequency
872

Amenities

National parks within ~60 mi
1
Nearest national park
Ice Age National Scenic Trail (60 mi)
Nearest airport
Dane County Regional Truax Field (MSN) (1 mi)
Nearest major airport
Dane County Regional Truax Field (MSN) (1 mi)
Hospitals nearby (~15 mi)
1
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-1,181 tax filers

Housing stock

Median year housing built
1,971
Median annual property tax
$5,308
Mean commute to work
17 min
Households with broadband internet
82.7%

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