Property prices for sale in Madison (Wisconsin)

The prices in real estate in Madison, in the Wisconsin region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$467,481.17
Average price last 6 months
$280.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Madison has increased during the last 6 months. In December, the average price per sq.feet was $250. In January this price pretty much remained the same at a value of $261 per sq.feet. The price for the following two months in (February, March) had a considerable increment of 126 %. The price per sq.feet has decreased 91 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $289.25 to $263.5 during April, and May.

Average price

Based upon to the price in Madison (cities), these have remained the same in the last 6 months. In our first sample month during December, the average price is $471,040. In January This price remains at $470,156. In the following two months the average price has remained the same with regard to the previous two months from $470,598 to $490,812. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $480,705 to $441,033.5 in April and May.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $469,936 they are 30 % more affordable than the average price for Madison. The properties with the highest average price have 4 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 3 bedrooms priced at $441,326.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $247 / sq.feet, with an average $275 / sq.feet price in Madison. The properties with the highest average prices have 1 bedroom. They are 32 % more expensive than the average followed by properties with 2 bedrooms with a price at $288 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $469,936 it is 25 % cheaper than the average price in Madison. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Townhouse". At a price of $951,461 it is 169 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $181 / sq.feet followed by "House" priced at $267 / sq.feet. "Townhouse" is the most costly type of property with a $84,685 / sq.feet cost followed by "Apartment" with an average price of $320 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Madison
Number of properties used in region Wisconsin
$469,936
$275
6,278
245,328
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
2 Bedroom Condo For Rent At 7710 Radcliffe Dr, Madison, Wi 53719
 11
2 Bedroom Condo For Rent At 7710 Radcliffe Dr, Madison, Wi 53719
$1,575
Madison, Wisconsin - For Rent - Condo - 970 sq.feet - 2 bedrooms - 1 bathroom
Sublease alert! Lease term until 10/31/2024, available for 12 month renewal after at $1650 at high point commons, you'll find an unbeatable west-side location,...
2 Bedroom Apartment For Rent At 7502 Carrington Dr, Madison, Wi 53719
 7
2 Bedroom Apartment For Rent At 7502 Carrington Dr, Madison, Wi 53719
$1,525
Madison, Wisconsin - For Rent - Apartment - 1,000 sq.feet - 2 bedrooms - 1 bathroom
Ask about our security deposit special! At high point commons, you'll find an unbeatable west-side location, an affordable price, and dignified living within...
2 Bedroom Apartment For Rent At 7741 Radcliffe Dr, Madison, Wi 53719
 8
2 Bedroom Apartment For Rent At 7741 Radcliffe Dr, Madison, Wi 53719
$1,650
Madison, Wisconsin - For Rent - Apartment - 965 sq.feet - 2 bedrooms - 1 bathroom
Ask about our security deposit special!At high point commons, you'll find an unbeatable west-side location, an affordable price, and dignified living within...
2 Bedroom Apartment For Rent At 7722 Carrington Dr, Madison, Wi 53719
 1
2 Bedroom Apartment For Rent At 7722 Carrington Dr, Madison, Wi 53719
$1,625
Madison, Wisconsin - For Rent - Apartment - 1,000 sq.feet - 2 bedrooms - 1 bathroom
Sublet alert! (6/7/2024 - 8/31/2024) renewal available!At high point commons, you'll find an unbeatable west-side location, an affordable price, and dignified...
2 Bedroom Condo For Rent At 7742 Radcliffe Dr, Madison, Wi 53719
 8
2 Bedroom Condo For Rent At 7742 Radcliffe Dr, Madison, Wi 53719
$1,650
Madison, Wisconsin - For Rent - Condo - 1,008 sq.feet - 2 bedrooms - 1 bathroom
Ask about our security deposit special! At high point commons, you'll find an unbeatable west-side location, an affordable price, and dignified living within...