Market Intelligence · WI / Madison

Madison, WI 53704 Housing Market

The typical home value in Madison 53704 is $377,727, up 2.2% over the past year. Sellers are listing at a median of $349,995, and homes are taking a median of 44 days to go under contract. There were 83 homes for sale.

Updated August 2026Median value$378K

The median home value in Madison, WI 53704 is $378K as of August 2026, up 2.2% 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 53704 range

$348K to $408K

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

+2.2% over 12 months

Typical home value in 53704 over the last 12 months: $370K in Aug 2025 to $378K in Aug 2026 (+2.2%).

Aug 2025$370K

Aug 2026$378K

The numbers

What is the 53704 housing market like?

Typical home value

$378K

Up2.2%YoY

Median list price

$350K

Down3.7%MoM

Days on market

44

Up25.7%MoM

Homes for sale

83

Down2.4%MoM

Price cuts

18.9%

Up31.3%MoM

New listings

44

Down12.0%MoM

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

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The comparison

How do 53704 home prices compare?

  • 53704$377,727
  • 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

Madison 53704 looks steady rather than frenzied. The typical home value is $377,727, up 2.2% over the past year, while the median list price sits at $349,995. Buyers have some choice, with 83 homes for sale and 44 new listings. A median of 44 days on market says homes are not moving instantly, and 18.9% of listings have taken a price cut. For a seller, the market still rewards realistic pricing more than optimism.

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