Madison, WI
Full City Profile · Wisconsin · Dane County County
3.7
/5.0
B+
Good
275,568
Population
3,295/sq mi density
$76,983
Median Income
$48,557 per capita
$346,900
Home Value
$415,530 Zillow
$1,364
Median Rent
29.5% income on rent
50°F
Avg Temperature
265 sunny days/yr
231
Violent Crime/100K
2,062 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$76,983 median income, 1.9% unemployment
A
Affordability
4.1 / 5.0
$346,900 home value, $1,364/mo rent
F
Safety
1.0 / 5.0
231 violent crimes/100K
A+
Education
5.0 / 5.0
59.2% bachelor's degree or higher
Housing Overview
Median Home Value
$346,900
23% above
US avg: $281,900
Median Rent
$1,364/mo
17% above
US avg: $1,163/mo
Homeownership Rate
46.6%
29% below US avg (65.4%)
Total Housing Units
125,713
Median year built: 1978
Home Value by Source
Census Median
$346,900
Zillow (ZHVI)
$415,530
Median Sale Price
$420,000
Median List Price
$459,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
46.6%
Owner-Occupied
53.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$797/mo
1 Bedroom
$872/mo
2 Bedroom
$1,097/mo
3 Bedroom
$1,405/mo
4 Bedroom
$1,572/mo
Census median rent:
$1,364/mo
· Zillow rent:
$1,649/mo
Market Indicators (Redfin)
Median Days on Market
58 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
165
Price Drops
10.7%
of listings with price reduction
Price Per Sq Ft
$243
Active Inventory
393
homes for sale
Affordability & Housing Stock
Rent Burden
29.5%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
46.6%
Complete Housing Data
Home Values
| Census Median Value | $346,900 |
| Zillow Home Value (ZHVI) | $415,530 |
| Median Sale Price | $420,000 |
| Median List Price | $459,900 |
| Price Per Sq Ft | $243 |
Rent
| Census Median Rent | $1,364 |
| Zillow Rent (ZORI) | $1,649 |
| FMR Studio | $797 |
| FMR 1-Bedroom | $872 |
| FMR 2-Bedroom | $1,097 |
| FMR 3-Bedroom | $1,405 |
| FMR 4-Bedroom | $1,572 |
Market
| Days on Market | 58 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 10.7% |
| Homes Sold | 165 |
| Active Inventory | 393 |
| Price Per Sq Ft | $243 |
Ownership & Stock
| Owner-Occupied | 46.6% |
| Renter-Occupied | 53.4% |
| Homeownership Rate | 46.6% |
| Total Housing Units | 125,713 |
| Median Year Built | 1978 |
| Rent Burden | 29.5% |
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