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North Side

MADISON, WI 53704

Real Estate Market Report  ·  Dane County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
48
⇩ 11.1% vs 54 last year
Pending
21
44% pending ratio
Median Price
$375,000
⇩ 2.6% vs $384,850 last year
Average Price
$459,927
⇧ 9.9% vs $418,571 last year
Days on Market
45
⇩ 34.8% vs 69 days last year

Market Context

Population: 47,079  ·  Density: 831.7/mi²  ·  Median household income: $71,609

Typical home value: $267,881  ·  Homeownership: 54.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The MADISON, WI real estate market (53704) currently shows 48 active listings, with 21 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 45 days on market compared to 69 days last year.

The median listing price has fallen 2.6% year-over-year, from $384,850 to $375,000.

Whether you are buying or selling in MADISON, WI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 48 this year vs 54 last year
  • Days on market: 45 now vs 69 last year

Median & Average Pricing

Year over Year
  • Median: $375,000 (-2.6% YoY)
  • Average: $459,927 (+9.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.3 miles — 451 listings ($322,039,931 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53704Madison, WI 537040.0 mi48$22,076,496$375,000$459,927
53703Madison, WI 537034.2 mi18$10,992,330$387,450$610,685
53598Windsor, WI 535984.9 mi5$2,824,710$599,925$564,942
53715Madison, WI 537155.9 mi2$1,255,866$519,000$627,933
53597Waunakee, WI 535976.4 mi71$60,097,808$730,000$846,448
53705Madison, WI 537057.2 mi35$32,139,345$449,950$918,267
53590Sun Prairie, WI 535908.2 mi78$57,176,496$647,500$733,032
53527Cottage Grove, WI 535279.3 mi36$19,900,368$514,200$552,788
53558Mcfarland, WI 535589.8 mi17$10,878,198$525,000$639,894
53562Middleton, WI 535629.9 mi85$66,336,635$574,900$780,431
53529Dane, WI 5352911.5 mi5$3,215,700$589,900$643,140
53531Deerfield, WI 5353113.6 mi10$4,727,710$435,000$472,771
53575Oregon, WI 5357514.3 mi41$30,418,269$639,950$741,909

Frequently Asked Questions

How many homes are for sale in MADISON, WI 53704?

As of January 2026, there are 48 active listings in MADISON, WI (zip code 53704), compared to 54 the prior year.

What is the median home price in MADISON, WI 53704?

The median listing price in MADISON, WI 53704 is $375,000 as of January 2026, a 2.6% decrease from $384,850 the prior year.

How long do homes stay on the market in MADISON, WI?

Homes in MADISON, WI 53704 spend an average of 45 days on the market before going under contract, compared to 69 days the prior year.

Is it a seller's or buyer's market in MADISON, WI 53704?

Based on current inventory and days-on-market data as of January 2026, MADISON, WI 53704 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 45 days on market compared to 69 days last year.

How much can I save on real estate commission in MADISON, WI?

With SELL123.com's maximum 3% commission, sellers in MADISON, WI 53704 save an estimated $7,500 compared to a typical 5% commission on the median listing price of $375,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.