Home Values

Fitchburg Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$242,000

  • 2.5% 1-year change
  • 2.4% 1-year forecast

The median home value in Fitchburg is $242,000. Fitchburg home values have gone up 2.5% over the past year and Zillow predicts they will rise 2.4% within the next year. The median list price per square foot in Fitchburg is $108, which is lower than the Madison Metro average of $139. The median price of homes currently listed in Fitchburg is $240,000 while the median price of homes that sold is $268,950. The median rent price in Fitchburg is $1,250, which is higher than the Madison Metro median of $1,125.

Foreclosures will be a factor impacting home values in the next several years. In Fitchburg 3.9 homes are foreclosed (per 10,000). This is greater than the Madison Metro value of 1.8 and also lower than the national value of 4.0

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Relative ZHVI
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Fitchburg Market Overview

Data through Dec 31, 2014
  • $242,000 ZHVI
  • 2.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Dec 31, 2015)
  • $240,000 Median listing price
  • $268,950 Median sale price (Oct 31, 2014)
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Fitchburg Market Health

Data through Dec 31, 2014
  • 3.0/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

3.9 homes Fitchburg
1.8 homes Madison Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Shorewood Hills $586,300
Maple Bluff $476,100
Dunn $269,200
Name Median ZHVI
Town of Verona $266,700
Town of Oregon $233,700
Mc Farland $231,500
Name Median ZHVI
Monona $215,400
Town of Madison $203,100
Brooklyn $166,300

Listings & Sales

Data through Dec 31, 2014
  • $108 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 11.8% Listings with price cut
32.3%
Sold below listing
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Fitchburg Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,485 Fitchburg
    $1,382 Madison Metro
    $1,345 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,250 Rent list price
  • $1.11 Rent list price / sq ft
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