Madison Housing Market

$443,161

2.8% 1-yr

The average Madison home value is $443,161, up 2.8% over the past year and goes to pending in around 12 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Madison Key Takeaways

Typical Home Values: $443,161

1-year Value Change: +2.8%

(Data through July 31, 2025)

Madison Housing Market Overview

0.3%1-year Market Forecast(July 31, 2025)

2,014For sale inventory(July 31, 2025)

777New listings(July 31, 2025)

1.015Median sale to list ratio(June 30, 2025)

$421,983Median sale price(June 30, 2025)

$456,600Median list price(July 31, 2025)

60.9%Percent of sales over list price(June 30, 2025)

25.1%Percent of sales under list price(June 30, 2025)

12Median days to pending(July 31, 2025)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Regions

Move forward with a local partner

Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.

Talk to a local agent

Get pre-qualified for a loan

At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact on your credit score.

Start Now

An equal housing lender. NMLS #10287.

Madison Rental Market Trends

$1,636Average rent in Madison(July 31, 2025)

$2,072National average rent(July 31, 2025)

-0.2%Month-over-month change(July 31, 2025)

3.6%Year-over-year change(July 31, 2025)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.