Madison Wisconsin Real Estate Market Update
June 2025 market insights, pricing trends, and statistics for Wisconsin's capital city
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Expert insights from John Reuter on Madison's current market conditions
Madison Wisconsin Housing Market Analysis - June 2025
Key Finding: Madison's real estate market maintains strong seller's market advantages in June 2025, with inventory at just 1.4 months - well below the 6-month threshold for a balanced market. This seller's market creates competitive conditions for buyers while supporting steady pricing driven by the University of Wisconsin-Madison presence and strong state government employment base.
The combination of steady job growth, university presence, and limited housing supply continues to drive buyer demand, with homes averaging just 40 days on market compared to Wisconsin's state average of 55+ days.
Market Conditions for June 2025:
- ✓ Strong Seller's Market: 1.4 months inventory favors sellers significantly
- ✓ Competitive Pricing: $440k median aligns with regional market dynamics
- ✓ Fast Sales Time: Well-priced homes sell in 40 days on average
- ✓ University Premium: UW-Madison presence drives sustained demand
Madison Market Geography
Primary Coverage Area: Madison, Wisconsin 53703, 53704, 53705, 53706, 53711, 53713, 53715, 53716, 53717, 53718, 53719
Extended Service Area: Madison, Middleton, Verona, Sun Prairie, and all of Dane County
Distance to Madison: Capital city of Wisconsin
School District: Madison Metropolitan School District
Complete Market Metrics
How Madison Compares to Nearby Communities
*Based on closed sales data for June 2025
What Drives Madison's Market Strength
Madison's unique combination of education, government, and economy creates sustained real estate demand
July Market Outlook
Stable Economic Foundation
UW-Madison and state government provide economic stability, supporting consistent housing demand through market cycles.
University Market Impact
Fall semester preparations and faculty/staff relocations typically increase summer market activity near campus areas.
Continued Growth
Madison's diverse economy and quality of life expected to maintain steady demand and moderate price appreciation.
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Madison Wisconsin Real Estate FAQ
Expert answers from John Reuter about Madison's housing market trends and conditions
What is the current median home price in Madison, Wisconsin?
The median home price in Madison, Wisconsin is $440,000 as of June 2025, which is 4% higher than last year. This reflects Madison's strong seller's market conditions driven by UW-Madison and state government employment.
How long do homes stay on the market in Madison?
Homes in Madison average 40 days on the market, which is 15 days faster than the Wisconsin state average of 55+ days. This quick sale time reflects the competitive seller's market conditions in Madison.
Is Madison, Wisconsin a buyer's or seller's market?
Madison is currently a strong seller's market with only 1.4 months of inventory available. A balanced market typically has 6 months of inventory, so Madison strongly favors sellers in June 2025.
How do Madison home prices compare to nearby communities?
Madison's median home price of $440,000 is more affordable than neighboring communities:
• Middleton: $540,000
• Waunakee: $525,000
• DeForest: $510,000
• Sun Prairie: $485,000
• Madison: $440,000
This makes Madison an attractive option for homebuyers seeking value while still enjoying access to excellent amenities and employment opportunities.
What factors drive demand in Madison's real estate market?
Madison's real estate market strength comes from several key factors:
• UW-Madison with 45,000+ students creating consistent rental and housing demand
• State government providing stable employment for thousands
• Five beautiful lakes (including Mendota and Monona) enhancing quality of life
• Diverse economy supporting sustained growth
• Madison Metropolitan School District attracting families
This combination creates consistent housing demand and economic stability that supports the real estate market through various economic cycles.
What are current market conditions for buyers in Madison?
Current market conditions in Madison favor sellers, with rising prices (up 4% year-over-year) and limited inventory creating competitive conditions for buyers. The market shows strong fundamentals with consistent demand.
Buyers should be prepared for competitive conditions and consider consulting with a local real estate professional to understand current opportunities and develop an effective strategy.
How many homes are currently for sale in Madison, Wisconsin?
There are currently 2,079 active listings in Madison as of June 2025, with 804 new listings added in May (up 6% from last year). Despite this increase, inventory remains low at just 1.4 months supply.
What is the median square footage of homes in Madison WI?
The median home size in Madison is 2,041 square feet, which is above the regional average. This reflects the quality and size of homes available in Madison's market.
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