The South West Madison housing market is very competitive. The median sale price of a home in South West Madison was $381K last month, up 1.5% since last year. The median sale price per square foot in South West Madison is $219, up 9.5% since last year.
What is the housing market like in South West Madison today?
In March 2024, South West Madison home prices were up 1.5% compared to last year, selling for a median price of $381K. On average, homes in South West Madison sell after 36 days on the market compared to 38 days last year. There were 83 homes sold in March this year, up from 65 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$381,000
+1.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
South West Madison, WI
$381,000
+1.5%
United States
To compare other locations to the South 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 South West Madison housing market?
South West Madison is very competitive. Homes sell in 36.5 days.
0
100
75
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 37 days.
Hot homes
can sell for about 6% 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)
102.4%
+0.05 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
South West Madison, WI
102.4%
+0.05 pt
United States
Home offer insights for South West Madison
Explore recent offers and recently sold homes in South West Madison
Recent offers
View houses in South West Madison that sold recently
Learn about schools in the South West Madison area
Elementary
Middle
High
GreatSchools Rating
5/10
Orchard Ridge Elementary School
Public • PreK-5
256
Students
2 reviews
5/10
Huegel Elementary School
Public • PreK-5
487
Students
5 reviews
4/10
Falk Elementary School
Public • PreK-5
391
Students
18 reviews
NR
Midvale Elementary School
Public • PreK-2
435
Students
2 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 South West Madison housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South West Madison.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South West Madison has a moderate risk of flooding. 726 properties in South West Madison are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in South West Madison. Flood risk is increasing slower than the national average.
18% of properties are at risk of wildfire over the next 30 years
Fire Factor
South West Madison has a moderate risk of wildfire. There are 1,767 properties in South West Madison that have some risk of being affected by wildfire over the next 30 years. This represents 18% of all properties in South West Madison.
South West Madison has minimal risk of severe winds over the next 30 years
Wind Factor
South 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.
99% of properties are at minor
risk of heat over the next 30 years
Heat Factor
South West Madison has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in South West Madison have a Minor Heat Factor®.
South West Madison is expected to see a 100% increase in the number of days over 99ºF over the next 30 years. South West Madison is expected to experience 7