Housing in Madison, WI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$429,950
Median List Price
$427,450
Price Per Sq Ft
$242
Days on Market
74
Active Inventory
344
Months of Supply
2.7
Seller's market
Zillow Home Value
$409,461
ZHVI — January 2026
Zillow Rent Index
$1,613
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
15.1%
Off Market in 2 Weeks
31.2%
Sale-to-List Ratio
98.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
126
New Listings
192
Pending Sales
189
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$242
Median List $/SF
$253
Madison vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 250,000 - 500,000 residents. Madison is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$346,900
Median Rent
$1,364
Total Housing Units
130,848
Vacancy Rate
3.9%
Owner Occupied
46.6%
Renter Occupied
53.4%
Median Property Tax
$6,390
per year
Monthly Cost (w/ Mortgage)
$1,713
Housing Types
The current median sale price in Madison, WI is $429,950 according to Redfin data. Homes spend a median of 74 days on the market. 15.1% of homes sold above asking price. The market has 2.7 months of supply. The median price per square foot is $242. Zillow's observed rent index is $1,613/month. About 46.6% of housing units are owner-occupied. The median year homes were built is 1979. There are 130,848 total housing units.