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Condo Foreclosures in Madison, WI

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Madison, WI Foreclosures

How much do homes sell for in Madison, WI?
The average home price is currently $492,056.
In Madison, WI, how many homes are available?
There are currently 18 active home listings available in Madison.
What’s the average rental cost in Madison, WI?
The average rental price in Madison is $1,679.
What is the most expensive home in Madison?
The most expensive home sold in Madison had a price of $38,163,636.
What is currently the cheapest priced home in Madison, WI?
The cheapest home for sale in Madison is priced at $14,940.

Living in Madison, WI

Madison, WI is a lively city with a rich cultural heritage, beautiful parks, and lakes that cater to outdoor enthusiasts. Home to the University of Wisconsin, it offers a diverse array of restaurants, shops, and community events. Residents enjoy a proactive approach to sustainability and local living.

Current Market Conditions in Madison, WI

The Madison real estate market is characterized by a steady increase in home values, driven by high demand from buyers seeking affordable yet vibrant living options. The city has seen a consistent influx of students, professionals, and families, contributing to a competitive housing environment.

Current trends indicate a shift towards more multi-family homes and condominiums as buyers seek proximity to downtown amenities and the university. The development of new housing projects has also been gaining traction as the city looks to accommodate its growing population.

Home Value Estimator For Madison, WI

There are currently 71,609 real estate properties in Madison, WI, with a median automated valuation model (AVM) price of $423,646.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Madison, WI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Madison, WI, is $492,056.00, with the most expensive house in Madison, WI, topping out at $38,163,636.00 and the cheapest home in Madison, WI, clocking in at $14,940.00. In other words, there’s something for every potential homebuyer or savvy investor in Madison, WI!

Rent Prices In Madison, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Madison, WI, is on a rollercoaster ride. The average rent price in Madison, WI, is $1,679.00. Indeed, when looking to rent in Madison, WI, you can expect to pay as little as $630.00 or as much as $3,780.00, with the average rent median estimated to be $1,630.00. The good news is that finding an affordable and desirable property to rent in Madison, WI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Madison, WI Condos


Market Trend for Madison, WI

Total Listings Available: 18

Market Values:

Home Prices from $14,940 to $38,163,636

Average Sales Price: $492,056

Rental Values:

Rental from $630 to $3,780

Average Rent Value: $1,679 / month

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