The story of this market
The typical home in ZIP 53713 sells for about $275,000, or $246 per square foot.
Prices are roughly flat from a year ago (+0.1%), a market in balance. Homes take about 41 days to sell. HUD's fair market rent for a two-bedroom is $1,231 a month.
ZIP 53713 — Madison
The 53713 housing market shows signs of stability with a median listing price of $275,000 and a year-over-year price change of 0.1%. While inventory remains tight, the market is supported by strong employment fundamentals in the Madison area, though investors should remain mindful of the specific risks associated with this price point.
This ZIP is well-suited for budget-conscious buyers and investors who are comfortable navigating a market with thinner margins and are looking for proximity to Madison's central employment and educational institutions.
Median prices moved up 0.1% year over year.
Homes spend a median of 41 days on market with 9.8 months of supply — a balanced-paced market.
14% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.1% · poverty 18.5% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 53713, Dane 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.
Schools in the area are part of the Madison Metropolitan School District, which serves a diverse student population with varying performance metrics across individual campuses.
The area is subject to standard Midwestern climate risks, including seasonal severe thunderstorms and winter weather, with flood risk concentrated near local waterways.
Economic momentum is driven by proximity to the University of Wisconsin-Madison and the state capital's employment core, with ongoing infill development and redevelopment of older commercial corridors.
Property taxes are assessed by Dane County and the City of Madison, with rates determined by local millage levies that fund municipal services, schools, and county operations.
Residents benefit from a relatively short mean commute of approximately 17 minutes, with easy access to the Madison employment core via major arterial roads and public transit.
The area features access to local parks and green spaces, with proximity to the Madison lakes system and various shopping and dining districts within a 3-mile radius.
The rental market is characterized by steady demand driven by the proximity to employment hubs, with a median rent of $1,300 per month.
The economy is anchored by the state government, the University of Wisconsin-Madison, and a growing healthcare and technology sector in the broader Madison area.
The area is served by a network of arterial roads and Madison Metro Transit bus routes, facilitating efficient access to the downtown employment core.
Ongoing development focuses on mixed-use infill projects and the revitalization of older commercial properties along major transit corridors.
The Dane County Assessor's office manages property valuations based on market-value assessments conducted periodically to ensure equitable taxation.
Parcels are subject to Madison Metropolitan School District levies and various municipal special districts for utility and infrastructure maintenance.
Property insurance premiums are influenced by regional weather patterns, with standard coverage for wind and hail being typical for the area.
Data retrieved from Census Reporter and ACS 2024 profiles.
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.
- Little Amerricka Amusement Park4.618.8 mi
- Prairie Athletic Club4.513.8 mi
- Urban Air Trampoline and Adventure Park4.26.4 mi
- Spare Time Madison4.46.7 mi
- Dave & Buster's Madison3.96.3 mi
- Camp Randall Stadium4.73 mi
- Alliant Energy Center4.40.9 mi
- Olbrich Botanical Gardens4.84.9 mi
- Kohl Center4.72.6 mi
- Monona Terrace Community and Convention Center4.62.7 mi
- Henry Vilas Zoo4.72.3 mi
- Wisconsin State Capitol4.82.9 mi
- Olbrich Botanical Gardens4.84.9 mi
- AMC Fitchburg 1844.3 mi
- Marcus Point Cinema4.57.1 mi
- Wisconsin State Capitol4.82.9 mi
- Overture Center for the Arts4.82.9 mi
- Garver Feed Mill4.65 mi
- Madison Children's Museum4.73.1 mi
- Chazen Museum of Art4.82.9 mi
- Olbrich Botanical Gardens4.84.9 mi
- James Madison Park4.63.4 mi
- Warner Park4.66.6 mi
- University of Wisconsin–Madison Arboretum4.92.1 mi
- Lake Kegonsa State Park4.48.4 mi
- Wingra Boats4.92.7 mi
- SkipperBud's48.4 mi
- Capitol Boat Club4.88.1 mi
- Vitense Golfland4.44.7 mi
- The Oaks Golf Course4.612.1 mi
- University Ridge Golf Course4.78.1 mi
- Pleasant View Golf Course4.68.9 mi
- Door Creek Golf Course4.48.5 mi
- West Towne Mall46.4 mi
- East Towne Mall3.87.5 mi
- Hilldale Shopping Center4.44.5 mi
- Global Market and Food Hall4.67.8 mi
- T.J. Maxx4.34.8 mi
- Dane County Regional Airport4.57.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional trail system providing extensive biking and walking connectivity.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.