Home Values

Monona 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

$213,600

  • 4.8% 1-year change
  • 2.1% 1-year forecast

The median home value in Monona is $213,600. Monona home values have gone up 4.8% over the past year and Zillow predicts they will rise 2.1% within the next year. The median list price per square foot in Monona is $188, which is higher than the Madison Metro average of $138. The median price of homes currently listed in Monona is $259,900 while the median price of homes that sold is $202,000. The median rent price in Monona is $835, which is lower than the Madison Metro median of $1,185.

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 2.1 and also lower than the national value of 4.2

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Relative ZHVI
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Monona Market Overview

Data through Nov 30, 2014
  • $213,600 ZHVI
  • 2.1% 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
    (Nov 30, 2015)
  • $259,900 Median listing price
  • No recent data Median sale price
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Monona Market Health

Data through Nov 30, 2014
  • 4.5/10 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)

1.9 homes(Jul 31, 2014) Monona
2.1 homes Madison Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Shorewood Hills $582,700
Maple Bluff $477,000
Waunakee $286,800
Name Median ZHVI
Pleasant Springs $274,700
Dunn $267,000
Town of Cottage Grove $244,200
Name Median ZHVI
Fitchburg $240,600
Mc Farland $230,900
Town of Madison $202,100

Listings & Sales

Data through Nov 30, 2014
  • $188 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
11.7%
Sold below listing
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Monona Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,373 Monona
    $1,381 Madison Metro
    $1,342 United States

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

  • 3.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $835 Rent list price (Sep 30, 2014)
  • No recent data Rent list price / sq ft
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