Homes for Sale Under 500K in Madison, WI

607 Homes for Sale

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Madison, WI Housing Market Overview

Madison is moving fast, and is a seller's market. Just 2 months of supply and 41 days on the market mean less competition for buyers and more leverage for you.

Status

Seller's Market

Days on Market

41

Inventory

607

Aug 2021Mar 2024Mar 2026

Median Home Price

$453,500Up 0.06%

In Mar 2026 · YoY

Aug 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
607 Down 0.03%
Newly Listed Homes
288 Up 0.02%
Months of Supply
2 Down 0.40%

Housing Demand

Homes Sold
216 Down 0.00%
Sale-to-List Ratio
100.9% Down 0.83%
Homes Sold Above List
43.1% Down 8.78%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Madison Market Report
No. of Homes
Prices
Houses for Sale in Elderberry, Madison
78
-
Houses for Sale in Capitol, Madison
34
-
Houses for Sale in High Crossing, Madison
22
-
Houses for Sale in Schenk Atwood Starkweather Yahara, Madison
19
-
Houses for Sale in Bay Creek, Madison
15
-
Houses for Sale in Marquette, Madison
15
$475,000
Houses for Sale in Greater Sandburg, Madison
13
-
Houses for Sale in Hawk's Landing, Madison
13
-
Houses for Sale in Sprecher East, Madison
12
-
Houses for Sale in Prairie Hills, Madison
12
-
Houses for Sale in Cardinal Glenn, Madison
12
-
Houses for Sale in North Star, Madison
12
-
Houses for Sale in Cherokee Garden Condominium, Madison
11
-
Houses for Sale in Dudgeon Monroe, Madison
10
-
Houses for Sale in Elvehjem, Madison
10
-
Houses for Sale in Meadowood, Madison
10
-
Houses for Sale in Hiestand, Madison
9
-
Houses for Sale in Tenney Lapham, Madison
9
-
Houses for Sale in Stone Meadows, Madison
9
-
Houses for Sale in Midvale Heights Community, Madison
8
-
  • mls-img
    Based on information received from WIRES/RANW MLS through Sep 19, 2026, 6:45 AM. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Houzeo nor RANW MLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. ©2026 RANW MLS, Inc. All rights reserved.

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Madison, WI Housing Marketlink qauare
Homes Available icon

607

Homes Available

Median List Price icon

$ 453,500

Median List Price

Avg on Market icon

41 Days

Avg on Market

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