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Madison, WI Real Estate

Madison anchors one of Wisconsin's largest metro areas with a population of about 275,568. The median home value is near $346,900, and median rent runs around $1,364/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$346,900
Median Rent
$1,364/mo
Population
275,568
Median Income
$76,983
Median Age
31.8
Homeownership
46.6%

Monthly payment on a median Madison home

Example for a $346,900 home: 20% down, 30-yr at ~6.75%, WI property tax ~1.51%, 0.4% insurance.

Est. monthly (PITI)
$2,352
Principal & interest
$1,800
Property tax / mo
$437
Down payment (20%)
$69,380

Madison at a glance

  • 33.5% of residents 25+ hold a bachelor's degree or higher.
  • 46.6% of occupied homes are owner-occupied.
  • Median household income is $76,983.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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