Foreclosure Homes in Madison, WI

Current Market Conditions in Madison, WI

The real estate market in Madison has shown resilience, with home prices steadily increasing over the past year. Demand remains strong due to a combination of factors including the university's influence, job growth, and a limited supply of homes in desirable neighborhoods. Buyers are seeking properties in both urban and suburban settings, making it a competitive market for sellers.

Investment trends indicate that multi-family units are gaining popularity, as rental demand continues to rise. First-time homebuyers are also active, looking for affordable options in the growing city.

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.