The story of this market
The typical home in ZIP 53597 sells for about $460,000, or $246 per square foot.
Prices are up +2.2% from a year ago, so sellers still have some momentum. Homes take about 41 days to sell. HUD's fair market rent for a two-bedroom is $1,376 a month.
ZIP 53597 — Waunakee
The housing market in 53597 remains competitive, driven by strong demand and limited inventory. Prices continue to show modest year-over-year growth, reflecting the area's desirability as a suburb of Madison. Buyers are active, though the market is sensitive to interest rate fluctuations.
This ZIP is ideal for family buyers and professionals seeking a balance between suburban living and access to the Madison employment core, offering higher-than-average household incomes and quality school access.
Median prices moved up 2.2% year over year.
Homes spend a median of 41 days on market with 4.0 months of supply — a fast-moving market.
14% of listings have cut prices · homes sell at 100.6% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.3% · poverty 3.4% — 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 5.5%/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 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 53597, 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.
The area is served by high-performing districts in the Madison metropolitan region, generally characterized by strong academic accountability ratings.
The region faces standard Midwestern climate risks, including seasonal severe thunderstorms and winter weather, with flood risk managed by local municipal planning.
The area benefits from proximity to the Madison employment core, with significant growth driven by the healthcare, education, and technology sectors.
Property taxes are assessed at the municipal level in Dane County, with rates determined by local school district, county, and city levies; exemptions are available for primary residences.
Residents typically commute via the I-90/94 corridor toward downtown Madison, with average commute times reflecting regional traffic patterns.
The area features extensive local park systems, community trails, and proximity to regional lakes and golf courses, with convenient access to suburban shopping centers.
The rental market is characterized by steady demand and low vacancy pressure, supported by the area's strong employment base and proximity to Madison.
The economy is anchored by the Madison metropolitan area, with major sectors including healthcare, state government, and higher education.
The area is served by major highway corridors including I-90/94, facilitating regional transit to Madison and surrounding suburbs.
Ongoing municipal planning focuses on sustainable growth and infrastructure improvements to support the expanding population.
The Dane County Assessor's office manages property valuations based on market-value assessments conducted periodically.
Parcels are subject to local school district, county, and municipal tax levies, with some areas potentially within special utility or drainage districts.
Property insurance remains stable, though premiums are influenced by regional weather-related risk factors common to the Midwest.
Data retrieved from US Census Bureau QuickFacts and ZCTA-level ACS tables.
- Prairie Athletic Club4.511.6 mi
- Urban Air Trampoline and Adventure Park4.29.9 mi
- Spare Time Madison4.49.6 mi
- Dave & Buster's Madison3.99.8 mi
- Thrill Factory Entertainment4.58.9 mi
- Camp Randall Stadium4.78.8 mi
- Alliant Energy Center4.410.9 mi
- Olbrich Botanical Gardens4.89.2 mi
- Kohl Center4.79 mi
- Monona Terrace Community and Convention Center4.69.2 mi
- Henry Vilas Zoo4.79.4 mi
- Wisconsin State Capitol4.88.9 mi
- Olbrich Botanical Gardens4.89.2 mi
- Marcus Point Cinema4.59.9 mi
- AMC Fitchburg 18412.3 mi
- Wisconsin State Capitol4.88.9 mi
- Overture Center for the Arts4.88.9 mi
- Garver Feed Mill4.69.1 mi
- Madison Children's Museum4.78.8 mi
- Wollersheim Winery & Distillery4.814.3 mi
- Olbrich Botanical Gardens4.89.2 mi
- James Madison Park4.68.5 mi
- Warner Park4.66.2 mi
- University of Wisconsin–Madison Arboretum4.910.5 mi
- Tenney Park4.78.3 mi
- Wingra Boats4.99.6 mi
- SkipperBud's43.7 mi
- Capitol Boat Club4.83.9 mi
- Vitense Golfland4.410.2 mi
- PinSocial Deforest45.2 mi
- University Ridge Golf Course4.712.5 mi
- Pleasant View Golf Course4.68.5 mi
- Nakoma Golf Club4.610.5 mi
- West Towne Mall49.7 mi
- East Towne Mall3.88.9 mi
- Hilldale Shopping Center4.48.3 mi
- Global Market and Food Hall4.69 mi
- T.J. Maxx4.39.8 mi
- Dane County Regional Airport4.57 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 local park known for hosting community events and recreational activities.
A popular local course serving the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.