Accord Realty's Market Report

Madison, WI 53703

Single-Family Homes

119 W. Washington Ave Madison, WI 53703 | 608.256.4566



Current active inventory in Madison, WI 53703 is very low. Keep this in mind when looking at this report.

Madison, WI 53703

Thu Mar 28 2024
This week the median list price for Madison, WI 53703 is $435,000 with the market action index hovering around 36. This is less than last month's market action index of 45. Inventory has held steady at or around 3. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Madison, WI 53703

Thu Mar 28 2024
This week the median list price for Madison, WI 53703 is $435,000 with the market action index hovering around 36. This is less than last month's market action index of 45. Inventory has held steady at or around 3. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Madison market.
Median List Price $435,000
Median Price of New Listings $497,450
Per Square Foot $361
Average Days on Market 7
Median Days on Market 0
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 36
Slight Seller's Advantage

Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly move 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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$675,000 1,550 4,500 - 6,500 sqft 3 1.5 113 1 0 0
$435,000 1,229 0 - 4,500 sqft 3 1 137 0 0 21
$319,900 885 0 - 4,500 sqft 1 1 71 1 0 0