Realty.com
Buy

Start here

  • Homes for sale by state
  • Home buying tips
  • Before you start looking
  • The buying timeline

Afford it

  • Today's mortgage rates
  • Mortgage calculator
  • How much can I afford?
  • Get pre-approved

Make the deal

  • Writing a winning offer
  • Inspections & appraisals
  • Closing costs, itemized
  • Find a buyer's agent
Sell

Selling Options

  • What's my home worth?
  • Compare selling options
  • Get an instant cash offer
  • Buy before you sell

Resources

  • How selling works
  • When should I sell?
  • Home selling tips
  • Pricing your home
  • What's worth fixing first
  • Find a seller's agent
Home Loans
Find an Agent
Save searchAdvertiseSign In
Saved homesSaved searchesYour toursYour inquiriesRecently viewedAccount settings

Safety & registry resources

Review official public-safety information for any area from these government sources:

  • U.S. Dept. of Justice National Sex Offender Public Website (NSOPW)
  • FBI: state sex-offender registry directory
Save search
Homes Under $500K in Madison, WI
Realty.com
Buy

Start here

  • Homes for sale by state
  • Home buying tips
  • Before you start looking
  • The buying timeline

Afford it

  • Today's mortgage rates
  • Mortgage calculator
  • How much can I afford?
  • Get pre-approved

Make the deal

  • Writing a winning offer
  • Inspections & appraisals
  • Closing costs, itemized
  • Find a buyer's agent
Save searchAdvertiseSign In
Saved homesSaved searchesYour toursYour inquiriesRecently viewedAccount settings
  • Rentals
  • Commercial

Safety & registry resources

Review official public-safety information for any area from these government sources:

  • U.S. Dept. of Justice National Sex Offender Public Website (NSOPW)
  • FBI: state sex-offender registry directory
604 listings
Sell

Selling Options

  • What's my home worth?
  • Compare selling options
  • Get an instant cash offer
  • Buy before you sell

Resources

  • How selling works
  • When should I sell?
  • Home selling tips
  • Pricing your home
  • What's worth fixing first
  • Find a seller's agent
Home Loans
Find an Agent
Save search
3 bedsNew constructionWith a pool

Homes Under $500K in Madison, WI

Homes Under $500K in Madison, WI

Hide Map
13 of 604 Listings
Map

Homes Under $500K in Madison, WI

13 of 604 Listings

Your local brokerage

TO

Thomas O'Leary

Realty.com

Lic. #58131-90

Call Thomas
  1. 2246 Waters Edge Trail — photo2Active

    $439,900

    3 bd · — ba · 1,516 sqft

    2246 Waters Edge Trail, Madison, WI

    Mikki Colby · Stark Company, REALTORS

  2. 7825 Starnova Drive — photo2Active

    $452,900

    3 bd · — ba · 1,528 sqft

    7825 Starnova Drive, Madison, WI

    Kyle Wachter · Stark Company, REALTORS

  3. 7815 Wild Bluebell Street — photo2Active

    $409,900

    3 bd · — ba · 1,480 sqft

    7815 Wild Bluebell Street, Madison, WI

    Veronica Isham · Stark Company, REALTORS

  4. 7805 Wild Bluebell Street — photo2Active

    $424,900

    3 bd · — ba · 1,523 sqft

    7805 Wild Bluebell Street, Madison, WI

    Adam Crook · Stark Company, REALTORS

  5. 7803 Wild Bluebell Street — photo2Active

    $419,900

    3 bd · — ba · 1,523 sqft

    7803 Wild Bluebell Street, Madison, WI

    Natalie Haley · Stark Company, REALTORS

  6. 7817 Wild Bluebell Street — photo2Active

    $399,900

    3 bd · — ba · 1,480 sqft

    7817 Wild Bluebell Street, Madison, WI

    Phillip Mattsson-Boze · Stark Company, REALTORS

  7. 1623 McKenna Boulevard — photo23Active

    $239,900

    2 bd · — ba · 1,148 sqft

    1623 McKenna Boulevard, Madison, WI

    Heather Taylor · MHB Real Estate

  8. 3907 Winnemac Avenue — photo64Active

    $380,000

    2 bd · — ba · 1,086 sqft

    3907 Winnemac Avenue, Madison, WI

    Kelly Maly · The Kruse Company, REALTORS

  9. 837 N Gammon Road — photo21Active

    $199,900

    2 bd · — ba · 1,069 sqft

    837 N Gammon Road, Madison, WI

    Jason Holtman · RE/MAX Preferred

  10. 7814 Starnova Drive — photo2Active

    $459,900

    3 bd · — ba · 1,547 sqft

    7814 Starnova Drive, Madison, WI

    Trey Recknor · Stark Company, REALTORS

  11. 5721 Meadowood Drive — photo72Active

    $485,000

    4 bd · — ba · 2,320 sqft

    5721 Meadowood Drive, Madison, WI

    Heidi Britt · American, REALTORS

  12. 5730 Tranquility Trail — photo32Active

    $409,900

    3 bd · — ba · 1,532 sqft

    5730 Tranquility Trail, Madison, WI

    Justin Witkins · RE/MAX Preferred

  13. 1124 Morraine View Drive 202 — photo21Active

    $168,800

    3 bd · — ba · 1,111 sqft

    1124 Morraine View Drive 202, Madison, WI

    Guangfu Jia · Harbin Realty Management LLC

12…26

Explore Madison homes

By price

  • Under $300K
  • Under $500K
  • Under $700K
  • Luxury

By bedrooms

  • 2 beds
  • 3 beds
  • 4 beds
  • 5 beds

By type

  • Single family
  • Townhomes
  • Condos
  • Manufactured homes
  • Multi-family homes
  • Co-ops

By feature

Realty.com

L. Custen Realty, Inc. d/b/a Realty.com/L. Custen Realty CT, LLC d/b/a Realty.com (Tom O’Leary-Broker)(CT properties only), 8323 Southwest Freeway, Suite 900, Houston, Texas 77074

Equal Housing OpportunityEqual Housing Lender

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is derived from various Multiple Listing Services; each source MLS and its required disclaimer are shown with the listings on the applicable page. Realty.com is an independently owned and operated brokerage.

© 2026 Realty.com. All rights reserved.·Privacy·Terms·California Privacy Rights·Accessibility·Licensing

Listing data & MLS disclosures

South Central Wisconsin Multiple Listing Service
The data relating to real estate for sale on this website comes in part from the Internet Data Display program of the South Central Wisconsin MLS. Real estate listings held by brokerage firms other than Realty.com are marked with the 'MLS' icon and/or include the name of the listing broker. This information, provided by seller, listing broker, and other parties, may not have been verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 South Central Wisconsin MLS. All Rights Reserved.
Wisconsin Real Estate Exchange (WIREX)
IDX information is provided exclusively for consumers’ personal non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed by the MLS.
    • New construction
    • With a pool

    Your local brokerage

    TO

    Thomas O'Leary

    Realty.com

    Lic. #58131-90

    Call Thomas

    Madison, WI community profile

    Population
    283,359
    Median income
    $74,391
    Housing units
    131,120
    People per sq. mi.
    2,032.7
    Area
    139.4 sq. mi.

    Source: HJN community data

    Madison housing market

    August 2026 · This period is still settling

    Madison 12-month median sale price trend

    Selling at 100.0% of asking price

    Sales here are closing essentially at asking. MLS · 217 sales · as of Aug 28, 2026

    Homes that sold · County records, as of Aug 14, 2026

    Median sale price
    $450,950$369,500–$653,750 typical range
    Price per sq. ft.
    $262
    Sales
    152
    Paid in cash
    29.6%

    Homes on the market · MLS, as of Aug 28, 2026–Aug 31, 2026

    Median list price
    $429,900
    Homes for sale
    591
    Median days on market
    9 days

    Price trend · Assessor repeat sales, as of Aug 31, 2026

    Year-over-year
    7.4%

    Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 29, 2026

    Median home size
    1,786 sq. ft.