Accord Realty's Market Report

Madison, WI 53703

Single-Family Homes

301 W Beltline Hwy Ste 102, WI 53713 | 608.256.4566


Madison, WI 53703

Wed Jan 22 2025
This week the median list price for Madison, WI 53703 is $725,000 with the market action index hovering around 33. This is less than last month's market action index of 35. Inventory has held steady at or around 5. 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.

Slight Seller's Advantage

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Madison, WI 53703

Wed Jan 22 2025
This week the median list price for Madison, WI 53703 is $725,000 with the market action index hovering around 33. This is less than last month's market action index of 35. Inventory has held steady at or around 5. 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.

Slight Seller's Advantage

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Madison market.
Median List Price $725,000
Median Price of New Listings $0
Per Square Foot $465
Average Days on Market 136
Median Days on Market 105
Price Decreased 60%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 33
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$2,500,000 5,374 0.25 - 0.5 acre 6 6.5 171 0 0 105
$729,000 1,056 4,500 - 6,500 sqft 4 2 133 0 0 147
$725,000 1,655 4,500 - 6,500 sqft 4 2 100 0 0 56
$597,450 1,590 0 - 4,500 sqft 3 1.5 128 0 0 185