Homes Under $500K in Madison, WI

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Metro MLS: Information is supplied by seller and other third parties and has not been verified. The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by MetroMLS and is protected by all applicable Copyright © 2026 laws. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Information being provided is 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. Copyright © 2026 MetroMLS. All Rights Reserved.
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.

Madison housing market

September 2026

Selling at 100.0% of asking price

Sales here are closing essentially at asking. MLS · 224 sales · as of Sep 30, 2026

Homes that sold · County records, as of Sep 30, 2026

Median sale price: $430,000$341,250–$600,000 typical range
Price per sq. ft.: $248
Sales: 274
Paid in cash: 28.8%

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Median list price: $425,000
Homes for sale: 688
Median days on market: 14 days

Price trend · Assessor repeat sales, as of Sep 30, 2026

Year-over-year: 2.4%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 2, 2026

Median home size: 1,786 sq. ft.

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

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Listing data & MLS disclosures

Madison housing market

Homes that sold · County records, as of Sep 30, 2026

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 2, 2026

Madison, WI community profile

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Listing data & MLS disclosures

Madison, WI community profile

Madison housing market

Homes that sold · County records, as of Sep 30, 2026

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 2, 2026