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Madison, WI 53711 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Madison, WI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 4545PendingPending sales: 44
Madison, WI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $547k$547kSoldMedian sold price (last 6 months): $515k$515k
What homes actually sell for in Madison, WI
Distribution of 377 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $407k to $640k
$280k to $358k: 42 sales$280k$358k to $435k: 63 sales$435k to $512k: 64 sales$435k$512k to $590k: 67 sales67sales$590k to $668k: 39 sales$590k$668k to $745k: 28 sales$745k to $822k: 30 sales$745k$822k to $900k: 8 salesMedian $515k

What the numbers say

As of October 5, 2026, Resideline is tracking 45 active listings and 4 pending sales in ZIP code 53711. That pending-to-active ratio of 0.09 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $546,900, while the median of the 377 closed sales Resideline tracked over the last six months was $514,900. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 53711 for 66 days.

Frequently asked questions

What is the median home price in 53711?

The median closed sale price in Madison, WI 53711 was $514,900 over the last six months, based on 377 closed sales tracked by Resideline. The middle half of those sales ranged from $407,264 to $640,000.

Is 53711 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 45 active listings in 53711, a pending-to-active ratio of 0.09. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 53711 currently looks like a balanced market.

Nearby ZIP code market data

Full Madison, WI housing market report →

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