Madison, WI metro area Housing Market

Warm Market

Comprehensive housing market data for the Madison, WI metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$452K

7.6% YoY

Days on Market

53 days

15.2% YoY

Active Inventory

1,614

4.3% YoY

Homes Sold

601

2.6% YoY

Warm Market

The market is active with moderate buyer demand.

Madison, WI metro area Market Summary

The Madison, WI metro area housing market is heating up. As of March 2026, the median home sale price is $452K, up 7.6% year-over-year. Homes are spending a median of 53 days on the market, 15.2% longer than a year ago.

There are 1,614 homes for sale — 4.3% fewer than last year. With 2.7 months of supply, this is a seller's market. 843 new listings were added during this period, down 0.2% year-over-year.

Homes are selling for 100.1% of their list price on average, indicating buyers are paying above asking. 34.3% of homes sell above their asking price. 12.1% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

60

Contributing Factors

Months of Supply 2.7
Days on Market 53
Price Drops 12.1%
Sale-to-List Ratio 100.1%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $437K) 3.5%
Days on Market (National: 55) 3.6%
Inventory (National: 1,314,690) 99.9%

vs. Wisconsin Median

Median Price (Wisconsin: $338K) 33.6%
Days on Market (Wisconsin: 54) 1.9%

Investor Takeaway

This market shows balanced conditions. Evaluate individual deals carefully using rent-to-price ratios and local comps.

Madison, WI metro area Market Trends

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Detailed Market Metrics

Median List Price

$460K

Price per Sq Ft

$236

Sale-to-List Ratio

100.1%

Months of Supply

2.7

Sold Above List

34.3%

Price Drops

12.1%

New Listings

843

0.2% YoY

Pending Sales

803

Off Market in 2 Weeks

40.2%

Analyze a deal in Madison, WI metro area

Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.

Try It Free

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.