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Real estate in Madison’s Downtown Madison neighborhood.

Compare top Downtown Madison real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for July 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Downtown Madison real estate Market Report.

Information and statistics on the latest trends in the Downtown Madison real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$495K
+36% from Q1 '26
Median list price
$588K
+24% from Q1 '26
Active listings
64
+52% from Q1 '26
Homes sold
28
+75% from Q1 '26
New pendings
35
+35% from Q1 '26
New listings
45
+50% from Q1 '26

Quarterly Pricing Trends for Downtown Madison

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Downtown Madison Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $375K Median sale price in Jul 2021 - Sep 2021: $416K Median sale price in Oct 2021 - Dec 2021: $410K Median sale price in Jan 2022 - Mar 2022: $383K Median sale price in Apr 2022 - Jun 2022: $420K Median sale price in Jul 2022 - Sep 2022: $466K Median sale price in Oct 2022 - Dec 2022: $440K Median sale price in Jan 2023 - Mar 2023: $380K Median sale price in Apr 2023 - Jun 2023: $463K Median sale price in Jul 2023 - Sep 2023: $480K Median sale price in Oct 2023 - Dec 2023: $528K Median sale price in Jan 2024 - Mar 2024: $354K Median sale price in Apr 2024 - Jun 2024: $564K Median sale price in Jul 2024 - Sep 2024: $500K Median sale price in Oct 2024 - Dec 2024: $488K Median sale price in Jan 2025 - Mar 2025: $572K Median sale price in Apr 2025 - Jun 2025: $548K Median sale price in Jul 2025 - Sep 2025: $450K Median sale price in Oct 2025 - Dec 2025: $479K Median sale price in Jan 2026 - Mar 2026: $365K Median list price in Apr 2021 - Jun 2021: $461K Median list price in Jul 2021 - Sep 2021: $399K Median list price in Oct 2021 - Dec 2021: $353K Median list price in Jan 2022 - Mar 2022: $423K Median list price in Apr 2022 - Jun 2022: $470K Median list price in Jul 2022 - Sep 2022: $454K Median list price in Oct 2022 - Dec 2022: $425K Median list price in Jan 2023 - Mar 2023: $460K Median list price in Apr 2023 - Jun 2023: $475K Median list price in Jul 2023 - Sep 2023: $458K Median list price in Oct 2023 - Dec 2023: $540K Median list price in Jan 2024 - Mar 2024: $590K Median list price in Apr 2024 - Jun 2024: $514K Median list price in Jul 2024 - Sep 2024: $450K Median list price in Oct 2024 - Dec 2024: $515K Median list price in Jan 2025 - Mar 2025: $570K Median list price in Apr 2025 - Jun 2025: $425K Median list price in Jul 2025 - Sep 2025: $392K Median list price in Oct 2025 - Dec 2025: $690K Median list price in Jan 2026 - Mar 2026: $476K Apr 2021 - Jun 2021 Median sale price $375K Median list price $461K Jul 2021 - Sep 2021 Median sale price $416K Median list price $399K Oct 2021 - Dec 2021 Median sale price $410K Median list price $353K Jan 2022 - Mar 2022 Median sale price $383K Median list price $423K Apr 2022 - Jun 2022 Median sale price $420K Median list price $470K Jul 2022 - Sep 2022 Median sale price $466K Median list price $454K Oct 2022 - Dec 2022 Median sale price $440K Median list price $425K Jan 2023 - Mar 2023 Median sale price $380K Median list price $460K Apr 2023 - Jun 2023 Median sale price $463K Median list price $475K Jul 2023 - Sep 2023 Median sale price $480K Median list price $458K Oct 2023 - Dec 2023 Median sale price $528K Median list price $540K Jan 2024 - Mar 2024 Median sale price $354K Median list price $590K Apr 2024 - Jun 2024 Median sale price $564K Median list price $514K Jul 2024 - Sep 2024 Median sale price $500K Median list price $450K Oct 2024 - Dec 2024 Median sale price $488K Median list price $515K Jan 2025 - Mar 2025 Median sale price $572K Median list price $570K Apr 2025 - Jun 2025 Median sale price $548K Median list price $425K Jul 2025 - Sep 2025 Median sale price $450K Median list price $392K Oct 2025 - Dec 2025 Median sale price $479K Median list price $690K Jan 2026 - Mar 2026 Median sale price $365K Median list price $476K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
18
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Home prices in Downtown Madison have been adjusting in this rolling three-month view, with the typical home value around $495,000 and down more than 26% from a year ago, even as the citywide median sale price is slightly higher than last year. At the same time, list prices have pushed upward, with the median list price up nearly 24% year over year, signaling that many sellers are still testing higher price points.

Inventory has expanded compared with a year ago, with active listings up about 10% and months of supply rising to 3.8 from much tighter levels last spring. Homes are taking much longer to sell, as median days on market have surged versus last year, but roughly one-third of properties still go off the market within two weeks. A smaller share of closings are beating list price now, and the average sale-to-list ratio sits just under 99%.

Sales activity has cooled a bit, with homes sold down nearly 13% year over year even though new listings are slightly higher, suggesting buyers have more choice but are moving more selectively. Downtown Madison also shows more inventory and slower pacing than the broader Madison market, where months of supply is closer to 2.7. Conditions overall lean toward sellers according to the local market gauge, yet buyers gain some leverage from longer marketing times and fewer bidding wars. Whether you are a buyer sorting through options or a seller pricing strategically, Agent Pronto can connect you with a knowledgeable local agent to guide your next move.



Learn more about what Downtown Madison has to offer.

Downtown Madison offers residents a vibrant, walkable hub of dining, culture, and daily conveniences, with lively public spaces, diverse entertainment, and easy access to workplaces and transit that foster a strong sense of community.

Downtown Madison attracts people who value walkability, culture, and access to the lakes as much as a comfortable home. Young professionals are drawn to condo living near the Capitol Square, while long‑time residents often seek quieter streets close to Lake Monona and bike paths. Students and faculty appreciate quick access to UW–Madison’s campus, yet still enjoy a separate neighborhood identity anchored by museums, restaurants, and the farmers’ market.

Housing here ranges from historic walk‑ups and converted mansions to modern high‑rise condos with rooftop terraces. Buyers can find everything from compact studios close to State Street to larger units overlooking Lake Mendota. Many buildings include parking, storage, and secure bike rooms, which matters in a downtown that favors biking and bus service through Metro Transit.

Lifestyle details often define the right fit. Some streets hum late into the evening near Overture Center for the Arts, while others feel more residential just a few blocks away. Proximity to the Madison Public Library, dog‑friendly parks, or specific bus lines can significantly influence daily routines and long‑term value.

Because the options vary block by block, working with an Agent Pronto matched real estate agent who knows Downtown Madison’s buildings, micro‑markets, and condo associations helps both buyers and sellers reach their goals with confidence.

Find your Downtown Madison real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“I love working with Kyle. His communication is excellent, his marketing is top notch, and we consistently sell our properties quickly and often over ask. Working with a professional is a priority for us and Kyle consistently exceeds our expectations. Thank you, Kyle!”

Mac Sullivan · Milwaukee, WI

Photo of Kyle Ristow
Forward Realty Partners
“Matt and his wife were very helpful throughout the sales process. They went above and beyond to facilitate the sale and showings of our home. Communication was excellent throughout.”

Shawn Burke · Cape Coral, FL

Photo of Bonson Team
Century 21 Selling Paradise
“My experience with Mo Simmons was one of respect support and professionalism for my decision to sell my home of 41 years. From the first prompt contact until closing Mo has been available in all phases in the process with any suggestions or recommendations I was always aware of my options before making my decisions. It has been my pleasure to work with her.”

Beverly G. · Milwaukee, WI

Photo of Mo Simmons
Synergy Real Estate Group
“Thank you, Agent Pronto, for recommending Karl. He was an amazing agent and just got the job done! I would recommend your service and Karl to any future home sellers or buyers!!!”

Charmaine R. · Rockford, IL

Photo of Karl  Gasbarra
Gambino Realtors
“Very good. Rena did an excellent job representing us for both the purchase of our new house and the sale of our previous house. I greatly appreciated being paired with her and saving the time and stress of searching for her myself.”

Sara C. · Sun Prairie, WI

Photo of Rena Ripp
eXp Realty, LLC
“Liz was always available. She gave me confidence when it was needed because this was a huge challenge for my husband and I. her communication skills were at the top of the list. She was also patient with us and not push us.”

Christine Wenger · Oconomowoc, WI

Photo of Liz Kostroski
NextHome Success
“Amy was a fantastic broker to have on our side. She helped us understand the process, kept us informed during the entire process, and was always available for communications with prompt replies and follow up. She is very knowledgeable and was able to clearly convey details and processes to us. We didn't worry about anything as Amy was on top of everything at all points in the process. We trusted Amy to work on our behalf and in our best interested and she lived up to that trust without question. We highly recommend Amy!”

Dave and Brenda · Whitewater, WI

Photo of Amy Fox
NextHome Success
“Attentive and caring agent. Worked hard in a less than optimal market to get our house sold.”

J. M. Sparkman · Stoughton, WI

Photo of Jason Gober
Metro Brokers LLC
“She is great!”

Keri · Kenosha, WI

Photo of Justine Peltier
Century 21
“Quick contact made by assigned real estate agent. Was able to make an appointment at my earliest convenience!”

Julie M. · Monona, WI

Photo of Lavik Home Team
eXp Realty The Lavik Home Team

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Downtown Madison. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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