Market Intelligence · WI / Madison

Madison, WI 53703 Housing Market

Typical home values in Madison's 53703 ZIP code stand at $450,167, down 5.4% over the past year. The median list price is $499,900, with homes taking a median of 66 days on market as of September 2026.

Updated September 2026Median value$450K

The median home value in Madison, WI 53703 is $450K as of September 2026, down 5.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 53703 range

$414K to $486K

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

-5.4% over 12 months

Sep 2025$476K

Low $450KHigh $476K

Sep 2026$450K

The numbers

What is the 53703 housing market like?

As of September 2026

Typical home value

$450K

5.4%YoY

Median list price

$500K

1.3%MoM

Days on market

15.8%MoM

Homes for sale

4.8%MoM

Price cuts

29.1%

62.5%MoM

New listings

75.0%MoM

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

The outlook

53703 housing market forecast 2027

+1.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 53703 to rise 1.3% by September 2027.

Over the 12 months through September 2026, typical home values in 53703 fell 5.4%, per the Zillow Home Value Index.

Will home prices drop in 53703?

Zillow's forecast does not call for a drop: it expects typical home values in 53703 to rise 1.3% by September 2027, after a 5.4% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 53703 home prices compare?

53703$450,167
Madison$442,332
Wisconsin$310,474
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Madison: 12 ZIPs; Wisconsin: 679 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there were 44 homes for sale in 53703, with 14 new listings coming on the market that month. The median list price was $499,900, while the typical home value of $431,468 was down 5.6% over the past year as of August 2026. Homes took a median of 66 days to sell, and 29.1% of listings had a price cut. Together these figures describe a market where buyers have time to compare options and sellers often have to adjust on price. If you are selling, realistic pricing from day one matters more than it did a year ago.

Monthly payment

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Home price

Down payment20% · $90,033

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Common questions

What people ask us.

What is a typical home value in Madison's 53703 ZIP?

As of September 2026, the typical home value in 53703 is $450,167, down 5.4% over the past year.

How long do homes typically stay on the market in 53703?

The median days on market is 66 as of September 2026.

How many homes are currently for sale in 53703?

There are 44 homes for sale in 53703 as of September 2026, with 14 new listings in that period.

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