USA.com / Wisconsin / Dane County / Madison, WI / Housing

Madison, WI Housing

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As of 2010-2014, median price of a house in Madison is $211,600, which is higher than the state average of $165,900 and is higher than the national average of $175,700. The Madison median house value has grown by 51.90% since 2000. The growth rate for the price of a house in Madison is higher than the state average rate of 47.86% and is higher than the national average rate of 46.91%. The median year that a house in Madison was built is 1975, which is newer than the median year for a house built in the state which is 1972 and is about the same as the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 50,211 Owner Occupied Houses in Madison, WI, #79

Madison, WI	211,600 USD
Wisconsin	165,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #186

Madison, WI	51.90%
Wisconsin	47.86%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Madison, WI	Wisconsin	U.S.
Total Housing Units	108,191, see rank, 100%	2,635,602	132,741,033
Occupied Housing Units	103,169, 95.36%, see rank	87.01%	87.55%
Owner Occupied	50,211, 46.41%, see rank	58.88%	56.34%
Renter Occupied	52,958, 48.95%, see rank	28.13%	31.21%
Vacant Housing Units	5,022, 4.64%, see rank	12.99%	12.45%
For Rent	1,585, 1.47%, see rank	1.55%	2.34%
For Sale Only	1,001, 0.93%, see rank	1.14%	1.20%
Rented or Sold, Not Occupied	997, 0.92%, see rank	0.58%	0.92%
For Seasonal, Recreational, or Occasional Use	369, 0.34%, see rank	7.02%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.02%	0.03%
Other Vacant	1,070, 0.99%, see rank	2.67%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #222

Madison, WI	Wisconsin	U.S.
1975	1972	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Madison, WI	%	Wisconsin	U.S.
Owner-Occupied Units	50,211	100%	1,551,769	74,787,460
With a Mortgage	36,677	73.05%, see rank	66.34%	65.58%
Without a Mortgage	13,534	26.95%, see rank	33.66%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Madison, WI	1,665 USD
Wisconsin	1,431 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Madison, WI	%	Wisconsin	U.S.
$299 or Less	30	0.08%, see rank	0.10%	0.20%
$300 to $499	130	0.35%, see rank	1.02%	1.59%
$500 to $699	504	1.37%, see rank	4.21%	5.01%
$700 to $999	2,157	5.88%, see rank	14.68%	14.32%
$1,000 to $1,499	11,207	30.56%, see rank	34.81%	27.90%
$1,500 to $1,999	11,759	32.06%, see rank	24.78%	20.35%
$2,000 to $2,999	8,554	23.32%, see rank	15.85%	19.52%
$3,000 or More	2,336	6.37%, see rank	4.55%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Madison, WI	23.60% of the Total Income
Wisconsin	23.20% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Madison, WI	%	Wisconsin	U.S.
10% or Less	1,608	4.38%, see rank	4.51%	5.86%
10% to 20%	11,515	31.40%, see rank	33.66%	31.95%
20% to 30%	12,365	33.71%, see rank	30.65%	27.64%
30% to 40%	5,337	14.55%, see rank	13.53%	13.74%
40% or More	5,708	15.56%, see rank	17.33%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Madison, WI	685 USD
Wisconsin	533 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Madison, WI	%	Wisconsin	U.S.
$199 or Less	222	1.64%, see rank	2.64%	7.76%
$200 to $299	238	1.76%, see rank	6.41%	14.70%
$300 to $499	1,813	13.40%, see rank	34.53%	34.63%
$500 to $699	4,855	35.87%, see rank	33.44%	21.16%
$700 or More	6,406	47.33%, see rank	22.98%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Madison, WI	12.20% of the Total Income
Wisconsin	13.70% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Madison, WI	%	Wisconsin	U.S.
10% or Less	5,455	40.31%, see rank	33.30%	40.19%
10% to 20%	4,287	31.68%, see rank	35.42%	31.47%
20% to 30%	1,726	12.75%, see rank	14.69%	12.24%
30% to 40%	727	5.37%, see rank	6.48%	5.64%
40% or More	1,267	9.36%, see rank	9.14%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Madison, WI	Wisconsin	U.S.
Total Housing Units	108,191, 100%	2,635,602	132,741,033
1-unit, Detached	46,924, 43.37%, see rank	66.63%	61.65%
1-unit, Attached	5,482, 5.07%, see rank	4.34%	5.82%
2 Units	5,641, 5.21%, see rank	6.57%	3.75%
3 or 4 Units	8,859, 8.19%, see rank	3.79%	4.43%
5 to 9 Units	9,464, 8.75%, see rank	4.88%	4.78%
10 or More Units	31,078, 28.73%, see rank	10.13%	13.08%
Mobile Home, Boat, RV, Van, etc.	743, 0.69%, see rank	3.65%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Madison, WI	Wisconsin	U.S.
Total Housing Units	108,191, 100%	2,635,602	132,741,033
1 Room	4,178, 3.86%, see rank	1.60%	1.95%
2 Rooms	6,223, 5.75%, see rank	2.32%	2.48%
3 Rooms	15,531, 14.36%, see rank	8.42%	9.13%
4 Rooms	20,927, 19.34%, see rank	16.51%	16.60%
5 Rooms	18,632, 17.22%, see rank	20.77%	20.41%
6 Rooms	14,484, 13.39%, see rank	17.70%	18.06%
7 Rooms	11,190, 10.34%, see rank	12.69%	12.27%
8 Rooms	7,848, 7.25%, see rank	8.89%	8.48%
9 Rooms or More	9,178, 8.48%, see rank	11.10%	10.60%
Median Rooms	4.90, see rank	5.50	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Madison, WI	Wisconsin	U.S.
Total Housing Units	108,191, 100%	2,635,602	132,741,033
No Bedroom	4,824, 4.46%, see rank	1.76%	2.17%
1 Bedroom	18,787, 17.36%, see rank	9.90%	11.16%
2 Bedrooms	34,469, 31.86%, see rank	28.88%	26.69%
3 Bedrooms	34,831, 32.19%, see rank	41.24%	39.70%
4 Bedrooms	12,398, 11.46%, see rank	14.72%	16.05%
5 or More Bedrooms	2,882, 2.66%, see rank	3.50%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Madison, WI	Wisconsin	U.S.
Total Housing Units	103,169, 100%	2,293,250	116,211,092
Utility Gas	70,351, 68.19%, see rank	65.30%	48.85%
Bottled, Tank, or LP Gas	1,091, 1.06%, see rank	10.88%	4.86%
Electricity	28,547, 27.67%, see rank	14.81%	36.68%
Fuel Oil, Kerosene, etc.	1,023, 0.99%, see rank	3.02%	5.86%
Coal or Coke	24, 0.02%, see rank	0.01%	0.12%
Wood	632, 0.61%, see rank	4.57%	2.12%
Solar Energy	33, 0.03%, see rank	0.03%	0.05%
Other Fuel	867, 0.84%, see rank	0.94%	0.47%
No Fuel Used	601, 0.58%, see rank	0.44%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Madison, WI	Wisconsin	U.S.
Occupied Units Paying Rent	52,305, 100%	709,828	39,201,928
$199 or Less	230, 0.44%, see rank	1.15%	1.50%
$200 to $299	845, 1.62%, see rank	3.37%	3.18%
$300 to $499	1,796, 3.43%, see rank	9.44%	7.37%
$500 to $699	6,904, 13.20%, see rank	24.99%	16.01%
$700 to $999	21,508, 41.12%, see rank	38.29%	29.17%
$1,000 to $1,499	15,020, 28.72%, see rank	18.34%	26.88%
$1,500 to $1,999	4,206, 8.04%, see rank	3.01%	9.79%
$2,000 or More	1,796, 3.43%, see rank	1.41%	6.10%
Median	$922, see rank	$772	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Madison, WI	Wisconsin	U.S.
Occupied Housing Units	103,169, 100%	2,293,250	116,211,092
No Vehicles Available	12,948, 12.55%, see rank	7.13%	9.12%
1 Vehicles Available	43,209, 41.88%, see rank	32.55%	33.80%
2 Vehicles Available	37,644, 36.49%, see rank	40.36%	37.48%
3 or More Vehicles Available	9,368, 9.08%, see rank	19.97%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.