Monona Home Prices & Values

$209,200 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.8% 1-year change
  • 1.9% 1-year forecast

The median home value in Monona is $209,200. Monona home values have gone up 3.8% over the past year and Zillow predicts they will rise 1.9% within the next year. The median list price per square foot in Monona is $176, which is higher than the Madison Metro average of $141. The median price of homes currently listed in Monona is $229,900 while the median price of homes that sold is $212,000. The median rent price in Monona is $825, which is lower than the Madison Metro median of $1,095.

Foreclosures will be a factor impacting home values in the next several years. In Monona 1.9 homes are foreclosed (per 10,000). This is lower than the Madison Metro value of 2.5 and also lower than the national value of 4.4

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Relative ZHVI
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Monona Market Overview

Data through Jul 31, 2014
  • $209,200 ZHVI
  • 1.9% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $229,900 Median listing price
  • $212,000 Median sale price (Jun 30, 2014)
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Monona Market Health

Data through Jul 31, 2014
  • 6.5/10 Healthy What's This?  
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    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 (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

1.9 homes Monona
2.5 homes Madison Metro
4.4 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Shorewood Hills $585,600 Maple Bluff $481,400 Waunakee $275,700
Pleasant Springs $263,200 Dunn $262,300 Town of Cottage Grove $242,900
Fitchburg $242,100 Mc Farland $227,100 Town of Madison $198,900

Listings & Sales

Data through Jul 31, 2014
  • $176 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 36.7% Listings with price cut
11.7%
Sold below listing
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Monona Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,380 Monona
$1,382 Madison Metro
$1,318 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $825 Rent list price
  • $0.94 Rent list price / sq ft
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