The story of this market
The typical home in ZIP 53715 sells for about $523,000, or $315 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,563 a month.
ZIP 53715 — Madison
The 53715 housing market remains tight with low inventory and steady demand driven by the university presence. While price growth has moderated, the area continues to see interest from investors and professionals seeking proximity to downtown. Figures for active inventory and sales count are based on current market reports for the ZIP code.
This ZIP is primarily suited for students, university faculty, and young professionals who prioritize proximity to the campus and downtown amenities over traditional single-family suburban living.
Median prices moved up 2.1% year over year.
Homes spend a median of 42 days on market with 3.8 months of supply — a fast-moving market.
15% 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 5.3% · poverty 49.7% — a mixed stability 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 7.8%/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 7.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 53715, 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.
Crime rates in the 53715 area are higher than the Madison city average, largely driven by the high density of student housing and transient populations near the university campus.
Schools serving this area are part of the Madison Metropolitan School District, which generally maintains a diverse student body and varying performance metrics across its neighborhood schools.
The area is situated on the isthmus between Lake Mendota and Lake Monona, presenting localized flood risks in low-lying areas near the shorelines.
Economic momentum is heavily anchored by the University of Wisconsin-Madison and associated research and healthcare sectors, with ongoing infill development near the campus.
Property taxes are levied by Dane County, the City of Madison, and the Madison Metropolitan School District, with rates determined by annual millage adjustments and local assessment cycles.
The ZIP is highly walkable and bikeable, with excellent access to the University of Wisconsin campus and downtown Madison via local transit and arterial roads.
Residents have immediate access to the Lake Monona waterfront, Brittingham Park, and the extensive Capital City State Trail system for outdoor recreation.
The rental market is characterized by high demand and low vacancy rates due to the student population, with significant investor interest in multi-family properties.
The economy is dominated by the University of Wisconsin-Madison, UW Health, and state government offices, creating a stable employment base.
The area is served by Madison Metro Transit with frequent bus service connecting to the downtown core and university campus.
Development is focused on high-density residential projects and mixed-use buildings to accommodate the growing student and professional population.
The Dane County Assessor's office conducts annual assessments based on market value, with property taxes calculated using the local mill rate.
Parcels are subject to Madison Metropolitan School District taxes and various municipal utility districts for water and sewer services.
Property insurance premiums are influenced by the area's proximity to water bodies and the age of the housing stock.
Data retrieved from Census Reporter and ACS 2024 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.
- Little Amerricka Amusement Park4.618.7 mi
- Prairie Athletic Club4.512.9 mi
- Urban Air Trampoline and Adventure Park4.25.4 mi
- Spare Time Madison4.45.5 mi
- Dave & Buster's Madison3.95.3 mi
- Camp Randall Stadium4.71 mi
- Alliant Energy Center4.41.5 mi
- Olbrich Botanical Gardens4.84.1 mi
- Kohl Center4.70.7 mi
- Monona Terrace Community and Convention Center4.61.4 mi
- Henry Vilas Zoo4.70.5 mi
- Wisconsin State Capitol4.81.4 mi
- Olbrich Botanical Gardens4.84.1 mi
- AMC Fitchburg 1844.5 mi
- Marcus Point Cinema4.56 mi
- Wisconsin State Capitol4.81.4 mi
- Overture Center for the Arts4.81.2 mi
- Garver Feed Mill4.64.1 mi
- Madison Children's Museum4.71.5 mi
- Chazen Museum of Art4.81 mi
- Olbrich Botanical Gardens4.84.1 mi
- James Madison Park4.61.8 mi
- Warner Park4.65 mi
- University of Wisconsin–Madison Arboretum4.91.6 mi
- Lake Kegonsa State Park4.410.1 mi
- Wingra Boats4.91.3 mi
- SkipperBud's46.4 mi
- Capitol Boat Club4.86.2 mi
- Vitense Golfland4.43.8 mi
- PinSocial Deforest411.8 mi
- The Oaks Golf Course4.612.1 mi
- University Ridge Golf Course4.77.7 mi
- Pleasant View Golf Course4.67.4 mi
- West Towne Mall45.3 mi
- East Towne Mall3.86.6 mi
- Hilldale Shopping Center4.42.8 mi
- Global Market and Food Hall4.66.9 mi
- T.J. Maxx4.33.8 mi
- Dane County Regional Airport4.56.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features boat rentals, picnic areas, and lake access.
Major regional bike and pedestrian path.
Public zoo located nearby in the Greenbush neighborhood.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.