The story of this market
The typical home in ZIP 53711 sells for about $439,975, 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 $1,406 a month.
ZIP 53711 — Madison
The 53711 housing market remains competitive, characterized by low inventory and steady demand from a professional workforce. While price growth has moderated compared to previous years, the area's high quality of life and proximity to major employers continue to support stable valuations.
This ZIP is ideal for a mix of families, university-affiliated professionals, and downsizers who value proximity to the city's cultural and recreational hubs. It offers a blend of urban convenience and established residential character.
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 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.2% · poverty 8.8% — 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 5.1%/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 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 53711, 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 Madison area are generally considered moderate, with property crime being the primary concern compared to violent crime. The area remains consistent with regional trends for mid-sized Midwestern cities.
The ZIP is served by the Madison Metropolitan School District, which offers a diverse range of public schools with varying performance ratings. Many families are drawn to the area for its proximity to high-performing magnet and neighborhood schools.
The area faces standard Midwestern climate risks, including seasonal severe thunderstorms and winter weather. Flood risk is localized to specific low-lying areas near lakes and waterways.
Economic momentum is driven by the University of Wisconsin-Madison, state government, and a growing biotech and healthcare sector. Infrastructure development focuses on transit expansion and urban infill projects.
Property taxes are assessed at the municipal level by the City of Madison and the City of Fitchburg, with rates determined by local school district and county levies. Wisconsin does not have a state-level property tax, but local levies are significant.
Residents benefit from proximity to the Madison employment core, with most commutes under 25 minutes via major corridors like the Beltline Highway. Public transit options are available through the Madison Metro Transit system.
The area is highly amenitized, featuring extensive access to the University of Wisconsin Arboretum, Lake Wingra, and numerous neighborhood parks. Shopping and dining are concentrated along the Monroe Street and Verona Road corridors.
The rental market is characterized by high demand and low vacancy rates, driven by the large student population and professional workforce. Rents have seen consistent upward pressure due to limited supply.
The economy is anchored by the University of Wisconsin-Madison, Epic Systems, and state government operations. The region maintains a strong focus on healthcare, education, and technology.
The area is served by the Madison Metro Transit bus network and is bisected by the US-12/18 Beltline Highway, providing critical regional connectivity.
Development is focused on increasing density along major transit corridors and revitalizing older commercial districts.
The Dane County Assessor's office manages property valuations, which are updated annually to reflect market conditions.
Parcels are subject to Madison Metropolitan School District or Fitchburg school levies, along with county and municipal taxes.
Property insurance remains stable, though premiums are influenced by regional weather patterns and the age of housing stock.
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Data retrieved from Census Reporter and data.census.gov.
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.
- Prairie Athletic Club4.516.2 mi
- Urban Air Trampoline and Adventure Park4.24.7 mi
- Spare Time Madison4.45 mi
- Dave & Buster's Madison3.94.6 mi
- Thrill Factory Entertainment4.510 mi
- Camp Randall Stadium4.73.9 mi
- Alliant Energy Center4.43.3 mi
- Olbrich Botanical Gardens4.87.2 mi
- Cave of the Mounds4.719.3 mi
- Kohl Center4.74.1 mi
- Henry Vilas Zoo4.73.3 mi
- Wisconsin State Capitol4.84.7 mi
- Olbrich Botanical Gardens4.87.2 mi
- AMC Fitchburg 1841.7 mi
- Marcus Point Cinema4.55.3 mi
- Wisconsin State Capitol4.84.7 mi
- Overture Center for the Arts4.84.6 mi
- Garver Feed Mill4.67.3 mi
- Madison Children's Museum4.74.9 mi
- Chazen Museum of Art4.84.3 mi
- Olbrich Botanical Gardens4.87.2 mi
- James Madison Park4.65.2 mi
- Warner Park4.68.4 mi
- University of Wisconsin–Madison Arboretum4.91.9 mi
- Lake Kegonsa State Park4.410.3 mi
- Wingra Boats4.92.7 mi
- SkipperBud's49.5 mi
- Capitol Boat Club4.89.3 mi
- Vitense Golfland4.43 mi
- University Ridge Golf Course4.75.7 mi
- Pleasant View Golf Course4.67.5 mi
- Door Creek Golf Course4.411.2 mi
- Yahara Hills Golf Course3.98.9 mi
- West Towne Mall44.7 mi
- East Towne Mall3.89.9 mi
- Hilldale Shopping Center4.44.1 mi
- Global Market and Food Hall4.610.2 mi
- T.J. Maxx4.33.3 mi
- Dane County Regional Airport4.59.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A massive research and recreational space featuring trails and diverse ecosystems.
Popular for kayaking, fishing, and scenic walking paths.
A free, community-focused zoo located near the ZIP boundary.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.