Husky Homes' Market Report

Madison, WI

Single-Family Homes

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Madison, WI

Thu Dec 01 2022
This week the median list price for Madison, WI is $427,450 with the market action index hovering around 60. This is less than last month's market action index of 65. Inventory has decreased to 146. Click here to stay informed with the Madison market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Madison, WI

Thu Dec 01 2022
This week the median list price for Madison, WI is $427,450 with the market action index hovering around 60. This is less than last month's market action index of 65. Inventory has decreased to 146. Click here to stay informed with the Madison market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Madison market.
Median List Price $427,450
Median Price of New Listings $415,000
Per Square Foot $242
Average Days on Market 54
Median Days on Market 35
Price Decreased 41%
Price Increased 1%
Relisted 4%
Inventory 146
Median Rent
Market Action 60
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$762,450 2,975 0.25 - 0.5 acre 4 3 49 5 5 38
$489,950 1,952 4,500 - 6,500 sqft 3 2.5 8 3 6 35
$380,000 1,657 6,500 - 8,000 sqft 3 2 39 4 5 49
$315,000 1,508 6,500 - 8,000 sqft 3 1.5 62 7 12 21