Madison is a beautiful lakeside community that has plenty to offer its residents. The city has a strong economic base with numerous corporate and small-business communities. Residents enjoy a wide range of excellent neighborhoods, good schools and a low crime rate. A college town and the state capital of Wisconsin, Madison features a vibrant downtown, many museums, and a magnificent four-season climate that offers a variety of year-round recreational activities. Named by Money magazine in 1997 as the best place to live in America, Madison today builds on that ranking and remains one of the best places to live, work, and play in the country.
While it is home to more than 200,000 residents, Madison is still a tight-knit community with Midwestern charm. This city hosts numerous events each year with festivals occurring nearly every week in the summer months. Events include the Dane County Fair, Madison Blues Festival, Art Fair on the Square, the annual Taste of Madison and the many Farmersí Markets including the weekly one held on the terrace around the State Capitol. Madison also hosts events throughout the year like Halloween at the Zoo and the Winter Art Festival held every November.
Madison, WI Real Estate Market - Price Range of Madison, Wisconsin Houses for Sale
Madison's real estate market is made up of an eclectic collection of architectural home styles that includes everything from Frank Lloyd Wright designed homes, Victorians and Cape Cods, to ranch and contemporary styled homes. Madison's condo market ranges in price from the low $80,000s to upwards of $1 million. Single-family homes in Madison begin in the $100,000s for smaller homes. Newer three-bedroom, two-bath homes start at approximately $200,000 and run up to $2 million for large estate homes located on the waterfront with views of the four lakes surrounding the Madison Metro area.
Madison Real Estate Stats and Trends for the week of August 15th, 2016: homes priced around $364,542 compared to $364,542 the previous week, to remain steady with no change in listing price. For Tuesday, September 27th, the current national mortgage rate for a 30 year fixed mortgage is 3.37%; the 15 year fixed rate is at 2.61%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.36%, while the 15 year jumbo rate currently is at 3.85%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Madison WI. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Madison to help you find the best home!