Real Estate Market Update for Madison, WI

Video: Real Estate Community Tour for Madison, WI

See Real estate community tour for Madison, WI The city of Madison is the capital of Wisconsin and with a population of 240,000, it is the second largest city in the state! The quiet neighborhood of Bassett was designed before the introduction of cars, which gives this part of the city a unique feel. Dudgeon-Monroe provides a variety of different attractions, like its natural beauty for bikers and hikers to its attractive blend of locally-owned shops.According to Forbes magazine, the Madison education system is ranked second in the nation. The University of Wisconsin is located in Madison, which offers students over 135 undergraduate degrees.Explore the miles of walking and bike trails around Lake Wingra and the Arboretum. Visit State Street and grab a bite to eat at the many cafes and restaurants, or take advantage of the classical music performed by the Wisconsin Chamber Orchestra every Wednesday evening. Tour the many attractive homes available throughout Madison, Wisconsin on century21.com!
The city of Madison is the capital of Wisconsin and with a population of 240,000, it is the second largest city in the state! The quiet neighborhood of Bassett was designed before the introduction of cars, which gives this part of the city a unique feel. Dudgeon-Monroe provides a variety of different attractions, like its natural beauty for bikers and hikers to its attractive blend of locally-owned shops.According to Forbes magazine, the Madison education system is ranked second in the nation. The University of Wisconsin is located in Madison, which offers students over 135 undergraduate degrees.Explore the miles of walking and bike trails around Lake Wingra and the Arboretum. Visit State Street and grab a bite to eat at the many cafes and restaurants, or take advantage of the classical music performed by the Wisconsin Chamber Orchestra every Wednesday evening. Tour the many attractive homes available throughout Madison, Wisconsin on century21.com!
Show Transcript
Map Information for Madison, WI
Area Information for Madison, WI
  • Population: 240,013
  • Median Age: 31.28 yr
  • Median Commute Time: 16.41 mins
  • Educational Climate*: 5
  • Sales Tax: 5.5%
  • Population Density: 3,126/sq mi
  • Population Change Since 2000: 14.32%
  • Closest Airport: Dane County Regional-truax Field
  • Closest College: Univ Of Wisconsin Sch Of Med-pub Health
  • Closest Jr. College: Madison Area Technical College
  • Median Household Income: $52,900
  • Annual Residential Turnover: 28.09%
  • Median Years in Residence: 2.6 yr
  • Median Home Sales Price: $185,000
  • Closest Major Sports Team: Brewers
  • Change Avg. Household Income Since 2000: 25%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Madison, WI
Median Age: 31.28 Married: 27% Number of Households: 106,600 Households with Children: 23,633
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Madison, WI

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Midvale Elementary School 0.5 mi Public K-2 0 4
      Wingra School 0.7 mi Private K-8 0 4
      Van Hise Elementary School 0.8 mi Public K-5 5 4
      Hamilton Middle School 0.8 mi Public 6-8 5 4
      West High School 1.0 mi Public 9-12 3-5 4
      Thoreau Elementary School 1.1 mi Public PRESCHOOL-5 3-5 5
      Edgewood Campus School 1.1 mi Catholic PRESCHOOL-8 0 5
      Edgewood High School Of The Sacred Heart 1.1 mi Catholic 9-12 0 4
      Blessed Sacrament School 1.1 mi Catholic PRESCHOOL-8 0 5
      Shorewood Hills Elementary School 1.3 mi Public K-5 5 5
      Madinah Academy Of Madison 1.3 mi Private PRESCHOOL-4 0 5
      Lighthouse Christian School 1.3 mi Private PRESCHOOL-5 0 5
      Cherokee Heights Middle School 1.4 mi Public 6-8 1 4
      Randall Elementary School 1.4 mi Public 3-5 5 5
      Horizon High School 1.5 mi Private 9-12 0 0
      Madison Jewish Community Day School 1.8 mi Private K-5 0 5
      Stephens Elementary School 1.8 mi Public PRESCHOOL-5 4 4
      Spring Harbor Middle School 1.9 mi Public 6-8 3-5 5
      St James Catholic School 1.9 mi Catholic PRESCHOOL-8 0 5
      Crestwood Elementary School 2.2 mi Public K-5 4 4
      James Wright Middle School 2.3 mi Public 6-8 1 2
      St Maria Goretti Elementary School 2.4 mi Catholic PRESCHOOL-8 0 5
      Orchard Ridge Elementary School 2.6 mi Public PRESCHOOL-5 2 3
      Toki Middle School 2.6 mi Public 6-8 2-5 3
      Diploma Completion High School 2.6 mi Public 11-12 0 0
      Metro School 2.6 mi Public 9-12 0 0
      Leopold Elementary School 2.6 mi Public K-5 2 4
      Muir Elementary School 2.7 mi Public PRESCHOOL-5 4 4
      Falk Elementary School 2.7 mi Public PRESCHOOL-5 1 4
      Lincoln Elementary School 2.7 mi Public 3-5 2 5
      Madison Waldorf School 2.8 mi Private PRESCHOOL-8 0 5
      Franklin Elementary School 2.9 mi Public PRESCHOOL-2 0 4
      St Ambrose Academy 2.9 mi Catholic 6-12 0 5
      Memorial High School 3.0 mi Public 9-12 3 3
      Jefferson Middle School 3.0 mi Public 6-8 3-5 0
      Walbridge School 3.1 mi Private 3-8 0 5
      Our Redeemer Evangelical Lutheran School 3.2 mi Private PRESCHOOL-8 0 5
      Elm Lawn Elementary School 3.4 mi Public K-4 5 4
      Huegel Elementary School 3.4 mi Public PRESCHOOL-5 1 4
      Sauk Trail Elementary School 3.6 mi Public K-5 4 5
      Badger Rock Middle School 3.7 mi Public 6-8 2 0
      Mcpasd 4k 3.8 mi Public PRESCHOOL-PRESCHOOL 0 0
      Eagle School 3.8 mi Private K-8 0 4
      High Point Christian School 3.8 mi Private PRESCHOOL-8 0 5
      Aero Alt Ed Resource Option 3.9 mi Public 6-12 0 0
      Lapham Elementary School 3.9 mi Public PRESCHOOL-2 0 4
      Middleton High School 4.1 mi Public 9-12 4 4
      Verona Area International School 4.1 mi Public K-2 0 5
      Stoner Prairie Elementary School 4.1 mi Public PRESCHOOL-5 4-5 5
      Savanna Oaks Middle School 4.2 mi Public 6-8 4 5
      Kromrey Middle School 4.2 mi Public 6-8 5 5
      Cesar Chavez Elementary School 4.5 mi Public PRESCHOOL-5 3-5 5
      Capitoland Christian School 4.6 mi Private PRESCHOOL-K 0 4
      Marquette Elementary School 4.6 mi Public 3-5 4-5 4
      Northside Elementary School 4.7 mi Public K-4 5 4
      O'keeffe Middle School 4.7 mi Public 6-8 4 0
      East High School 5.2 mi Public 9-12 1 4
      Emerson Elementary School 5.3 mi Public PRESCHOOL-5 2 5
      Winnequah School 5.3 mi Public K-5 4-5 4
      Nuestro Mundo 5.3 mi Public K-5 1 4
      Olson Elementary School 5.4 mi Public PRESCHOOL-5 3-5 5
      Westside Christian School 5.5 mi Private PRESCHOOL-8 0 5
      Holy Cross Lutheran School 5.6 mi Private PRESCHOOL-8 0 5
      Shabazz-city High School 5.6 mi Public 9-12 0 3
      Lowell Elementary School 5.6 mi Public PRESCHOOL-5 3-5 5
      Sherman Middle School 5.6 mi Public 6-8 1 0
      Immaculate Heart Of Mary School 5.8 mi Catholic PRESCHOOL-8 0 5
      Monona Grove High School 6.0 mi Public 9-12 4 3
      Mendota Elementary School 6.0 mi Public K-5 1 4
      Sennett Middle School 6.2 mi Public 6-8 1 3
      Sugar Creek Elementary School 6.3 mi Public K-5 2-5 4
      Allis Elementary School 6.3 mi Public PRESCHOOL-5 1 5
      Badger Ridge Middle School 6.3 mi Public 6-8 3-5 0
      Core Knowledge Charter School 6.3 mi Public K-8 3-5 5
      Lafollette High School 6.3 mi Public 9-12 1 3
      Lindbergh Elementary School 6.3 mi Public PRESCHOOL-5 1 4
      Schenk Elementary School 6.4 mi Public K-5 2 3
      Whitehorse Middle School 6.4 mi Public 6-8 1 3
      Exploration Academy High School 6.4 mi Public 9-12 0 0
      Exploration Academy 6.4 mi Public 9-12 0 0
      Country View Elementary School 6.5 mi Public K-5 3 5
      Three Angels Christian School 6.5 mi Private PRESCHOOL-8 0 4
      Lake View Elementary School 6.5 mi Public PRESCHOOL-5 2-5 3
      Verona Area High School 6.6 mi Public 9-12 4 3
      Early Learning Center 6.6 mi Public PRESCHOOL-PRESCHOOL 0 0
      Glendale Elementary School 6.6 mi Public PRESCHOOL-5 1 4
      St. Dennis School 6.7 mi Catholic PRESCHOOL-8 0 5
      Hawthorne Elementary School 6.8 mi Public PRESCHOOL-5 1 3
      Black Hawk Middle School 6.9 mi Public 6-8 1 4
      Gompers Elementary School 6.9 mi Public PRESCHOOL-5 1 5
      New Century School 6.9 mi Public K-5 4-5 5
      West Middleton Elementary School 7.0 mi Public K-4 5 5
      Glacier Edge Elementary School 7.0 mi Public K-5 2 5
      Madison Community Montessori School 7.0 mi Private PRESCHOOL-8 0 4
      St Peter Catholic School 7.3 mi Catholic PRESCHOOL-5 0 0
      Abundant Life Christian School 7.4 mi Private K-12 0 4
      Elvehjem Elementary School 7.7 mi Public PRESCHOOL-5 4 5
      Kennedy Elementary School 7.7 mi Public K-5 3 4
      Sunset Ridge Elementary School 7.9 mi Public K-4 5 5
      Sandburg Elementary School 8.3 mi Public PRESCHOOL-5 2 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Madison, WI
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.