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Condo Foreclosures in Monona, WI

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Monona, WI Foreclosures

Current Market Conditions in in Monona, WI As of March 2026?
Over the past month, Monona has seen a slight uptick in property listings as new constructions and resales entered the market. Despite this increase, homes continue to sell rapidly, often on the first day of listing. Buyer interest remains high, particularly among families seeking good schools and a community-focused environment. Overall, the local market reflects a balance of supply and demand, with prices holding steady despite seasonal trends.
How much do homes sell for in Monona, WI?
The average home price is currently $634,186.
What’s the average rental cost in Monona, WI?
The average rental price in Monona is $1,685.
What is the most expensive home in Monona?
The most expensive home sold in Monona had a price of $39,892,370.
What is currently the cheapest priced home in Monona, WI?
The cheapest home for sale in Monona is priced at $21,488.

Living in Monona, WI

Located on the shores of Lake Monona, Monona, WI, is a serene community with a friendly atmosphere and numerous amenities. The city features beautiful parks and recreational facilities, making it ideal for families and outdoor enthusiasts. With its close proximity to Madison, residents enjoy the best of both suburban peace and urban accessibility.

Buyer vs Seller Market in Monona, WI

Monona's real estate market has been experiencing steady growth as more families seek homes near Madison. Home values have increased moderately over the past year, reflecting the desire for quality housing in this desirable location.

Inventory remains tight, with a low number of available homes for sale compared to demand. As a result, homes are selling quickly, often above list price, which indicates a competitive market favorable to sellers.

Home Value Estimator For Monona, WI

There are currently 2,803 real estate properties in Monona, WI, with a median automated valuation model (AVM) price of $453,808.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monona, 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 Monona, WI, is $634,186.00, with the most expensive house in Monona, WI, topping out at $39,892,370.00 and the cheapest home in Monona, WI, clocking in at $21,488.00. In other words, there’s something for every potential homebuyer or savvy investor in Monona, WI!

Rent Prices In Monona, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monona, WI, is on a rollercoaster ride. The average rent price in Monona, WI, is $1,685.00. Indeed, when looking to rent in Monona, WI, you can expect to pay as little as $890.00 or as much as $3,060.00, 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 Monona, 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.

Monona, WI Condos

Market Trend for Monona, WI

Total Listings Available: 0

Market Values:

Home Prices from $21,488 to $39,892,370

Average Sales Price: $634,186

Rental Values:

Rental from $890 to $3,060

Average Rent Value: $1,685 / month

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