How much is a home in 53703 worth?

The typical home value in Madison, WI 53703 is $431,468, down 5.6% over the past year as of 2026-08-01.

How long does it take to sell a home in 53703?

Homes in 53703 are spending a median of 57 days on the market as of 2026-08-01.

Are sellers in 53703 cutting their prices?

Yes. As of 2026-08-01, 17.9% of active listings in 53703 have had a price cut, and the median list price sits at $506,450.

Market Intelligence · WI / Madison

Madison, WI 53703 Housing Market

In Madison, WI 53703, the typical home value is $431,468, down 5.6% over the past year. Sellers are currently asking a median list price of $506,450, and homes are taking a median of 57 days to go under contract.

Updated August 2026Median value$431K

The median home value in Madison, WI 53703 is $431K as of August 2026, down 5.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 53703 range

$397K to $466K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-5.6% over 12 months

Aug 2025$457K

Low $431KHigh $457K

Aug 2026$431K

The numbers

What is the 53703 housing market like?

As of August 2026

Typical home value

$431K

5.6%YoY

Median list price

$506K

0.1%MoM

Days on market

23.9%MoM

Homes for sale

5.0%MoM

Price cuts

17.9%

24.7%MoM

New listings

33.3%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 53703 home prices compare?

53703$431,468
Madison$433,593
Wisconsin$311,914
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Madison: 12 ZIPs; Wisconsin: 679 ZIPs; United States: 26,265 ZIPs).

Context

The 53703 market has cooled over the past year, with typical home values down 5.6% to $431,468. There were 42 homes for sale as of 2026-08-01, with only 8 new listings coming on, so supply is thin even as demand has softened. Homes are sitting for a median of 57 days before selling, and 17.9% of active listings have taken a price cut. The gap between the $506,450 median list price and the $431,468 typical value suggests sellers are still pricing ahead of where the market is settling. For a homeowner thinking about selling, pricing realistically from day one matters more than it did a year ago.

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