The story of this market
The typical home in ZIP 53503 sells for about $194,000, or $115 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $886 a month.
ZIP 53503 — Arena
The housing market in 53503 is characterized by low inventory and stable, modest price growth. Demand remains steady among local buyers, though the limited number of listings keeps sales volume low. Market conditions are currently balanced with no significant signs of volatility.
This ZIP is best suited for families and individuals seeking a quiet, rural village lifestyle with affordable housing options and a manageable commute to larger regional employment hubs.
Median prices moved up 3.2% year over year.
Homes spend a median of 62 days on market with 6.0 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 6.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 53503, Iowa County WI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Arena area are generally low, consistent with rural Dane County and Iowa County trends, with property crime being the primary concern.
The area is served by the River Valley School District, which provides standard public education for the rural village setting.
The region is subject to standard Midwestern weather risks including severe thunderstorms and winter weather; flood risk is localized to low-lying areas near the Wisconsin River.
Economic momentum is driven by local agricultural, small-scale manufacturing, and service sectors, with proximity to Madison providing regional employment access.
Property taxes are assessed at the municipal and county levels in Iowa County, with rates determined by local school district and village budget requirements.
Commuting primarily involves personal vehicle travel via US Highway 14, providing access to the Madison metropolitan employment core.
The area features access to the Wisconsin River for water sports, local village parks, and proximity to regional trails and outdoor recreation areas.
The rental market is limited in depth, primarily consisting of single-family homes and small multi-family units with low turnover.
The local economy is anchored by agriculture, small-scale manufacturing, and local government services, with many residents commuting to the Madison area.
Transportation is heavily reliant on private vehicles; public transit options are limited in this rural setting.
Development is primarily focused on small-scale residential infill and maintenance of existing village infrastructure.
The Iowa County Treasurer and Assessor manage property assessments based on fair market value standards.
Parcels are subject to River Valley School District taxes and local municipal levies.
Property insurance remains stable, though premiums are influenced by regional exposure to severe weather events.
Data retrieved from Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Cave of the Mounds4.711.6 mi
- Tyrol Basin4.511.1 mi
- American Players Theatre4.94.8 mi
- Vintage Brewing Co. Sauk Prairie4.613.9 mi
- Wisconsin Riverside Resort, Inc.4.46.8 mi
- The House on the Rock4.610.4 mi
- Cave of the Mounds4.711.6 mi
- Governor Dodge State Park4.712.2 mi
- Taliesin4.86.5 mi
- Tyrol Basin4.511.1 mi
- Wollersheim Winery & Distillery4.814.9 mi
- Taliesin4.86.5 mi
- Taliesin Preservation: Frank Lloyd Wright Visitor Center4.75.9 mi
- Black Earth Children's Museum4.710 mi
- Hyde's Mill4.76 mi
- Cave of the Mounds4.711.6 mi
- Governor Dodge State Park4.712.2 mi
- Blue Mound State Park4.710 mi
- Tower Hill State Park4.45.3 mi
- Brigham County Park4.710.9 mi
- The House on the Rock Resort4.15.4 mi
- Deer Valley Golf Course4.510.3 mi
- Peck's Farm Market East4.43.2 mi
- Peck's Farm Market4.111 mi
- Dane County Regional Airport4.530.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park providing green space and recreational facilities.
Provides regional access for boating, fishing, and outdoor activities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.