The North West Madison housing market is somewhat competitive. The median sale price of a home in North West Madison was $521K last month, up 13.3% since last year. The median sale price per square foot in North West Madison is $277, up 11.7% since last year.
What is the housing market like in North West Madison today?
In March 2024, North West Madison home prices were up 13.3% compared to last year, selling for a median price of $521K. On average, homes in North West Madison sell after 70 days on the market compared to 58 days last year. There were 91 homes sold in March this year, down from 115 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$521,084
+13.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
North West Madison, WI
$521,084
+13.3%
United States
To compare other locations to the North West Madison and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Madison add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the North West Madison housing market?
North West Madison is somewhat competitive. Homes sell in 52.5 days.
0
100
50
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% above list price and go pending in around 53 days.
Hot homes
can sell for about 5% above list price and go pending in around 21 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
100.4%
-0.083 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
North West Madison, WI
100.4%
-0.083 pt
United States
Home offer insights for North West Madison
Explore recent offers and recently sold homes in North West Madison
Recent offers
Offer Not Accepted|
6 Weeks Ago
~$500K Offer
Sold for $650K
4bd | 2.5ba | ~2,500sqft
Over List Price
0%
Days on Market
32
Competing Offers
14
Down Payment
—
Shelia Reese
North West Madison Redfin Agent
View houses in North West Madison that sold recently
Learn about schools in the North West Madison area
Elementary
Middle
High
GreatSchools Rating
9/10
Van Hise Elementary School
Public • K-5
439
Students
10 reviews
8/10
Elm Lawn Elementary School
Public • PreK-4
470
Students
6 reviews
6/10
Stephens Elementary School
Public • PreK-5
552
Students
13 reviews
5/10
Muir Elementary School
Public • PreK-5
448
Students
6 reviews
5/10
Crestwood Elementary School
Public • PreK-5
330
Students
8 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on North West Madison housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in North West Madison.
Risk Factor
Flood Factor - Moderate
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
North West Madison has a moderate risk of flooding. 935 properties in North West Madison are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in North West Madison. Flood risk is increasing slower than the national average.
17% of properties are at risk of wildfire over the next 30 years
Fire Factor
North West Madison has a moderate risk of wildfire. There are 1,589 properties in North West Madison that have some risk of being affected by wildfire over the next 30 years. This represents 17% of all properties in North West Madison.
North West Madison has minimal risk of severe winds over the next 30 years
Wind Factor
North West Madison has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
98% of properties are at minor
risk of heat over the next 30 years
Heat Factor
North West Madison has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 98% of homes in North West Madison have a Minor Heat Factor®.
North West Madison is expected to see a 100% increase in the number of days over 99ºF over the next 30 years. North West Madison is expected to experience 7