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Real estate in Madison’s Nakoma neighborhood.

Compare top Nakoma real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for October 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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Nakoma real estate Market Report.

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

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$819K
-21% from Q2 '26
Median list price
$890K
+19% from Q2 '26
Active listings
13
-7.1% from Q2 '26
Homes sold
11
+267% from Q2 '26
New pendings
7
-13% from Q2 '26
New listings
7
-22% from Q2 '26

Quarterly Pricing Trends for Nakoma

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

Quarterly Pricing Trends for Nakoma Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $562K Median sale price in Jan 2022 - Mar 2022: $590K Median sale price in Apr 2022 - Jun 2022: $827K Median sale price in Jul 2022 - Sep 2022: $650K Median sale price in Oct 2022 - Dec 2022: $933K Median sale price in Jan 2023 - Mar 2023: $857K Median sale price in Apr 2023 - Jun 2023: $791K Median sale price in Jul 2023 - Sep 2023: $911K Median sale price in Oct 2023 - Dec 2023: $660K Median sale price in Jan 2024 - Mar 2024: $700K Median sale price in Apr 2024 - Jun 2024: $815K Median sale price in Jul 2024 - Sep 2024: $930K Median sale price in Oct 2024 - Dec 2024: $799K Median sale price in Jan 2025 - Mar 2025: $830K Median sale price in Apr 2025 - Jun 2025: $900K Median sale price in Jul 2025 - Sep 2025: $890K Median sale price in Oct 2025 - Dec 2025: $1M Median sale price in Jan 2026 - Mar 2026: $915K Median sale price in Apr 2026 - Jun 2026: $1M Median sale price in Jul 2026 - Sep 2026: $819K Median list price in Oct 2021 - Dec 2021: $550K Median list price in Jan 2022 - Mar 2022: $700K Median list price in Apr 2022 - Jun 2022: $695K Median list price in Jul 2022 - Sep 2022: $800K Median list price in Oct 2022 - Dec 2022: $750K Median list price in Jan 2023 - Mar 2023: $863K Median list price in Apr 2023 - Jun 2023: $875K Median list price in Jul 2023 - Sep 2023: $720K Median list price in Oct 2023 - Dec 2023: $650K Median list price in Jan 2024 - Mar 2024: $775K Median list price in Apr 2024 - Jun 2024: $725K Median list price in Jul 2024 - Sep 2024: $825K Median list price in Oct 2024 - Dec 2024: $975K Median list price in Jan 2025 - Mar 2025: $908K Median list price in Apr 2025 - Jun 2025: $795K Median list price in Jul 2025 - Sep 2025: $1M Median list price in Oct 2025 - Dec 2025: $970K Median list price in Jan 2026 - Mar 2026: $960K Median list price in Apr 2026 - Jun 2026: $750K Median list price in Jul 2026 - Sep 2026: $890K Oct 2021 - Dec 2021 Median sale price $562K Median list price $550K Jan 2022 - Mar 2022 Median sale price $590K Median list price $700K Apr 2022 - Jun 2022 Median sale price $827K Median list price $695K Jul 2022 - Sep 2022 Median sale price $650K Median list price $800K Oct 2022 - Dec 2022 Median sale price $933K Median list price $750K Jan 2023 - Mar 2023 Median sale price $857K Median list price $863K Apr 2023 - Jun 2023 Median sale price $791K Median list price $875K Jul 2023 - Sep 2023 Median sale price $911K Median list price $720K Oct 2023 - Dec 2023 Median sale price $660K Median list price $650K Jan 2024 - Mar 2024 Median sale price $700K Median list price $775K Apr 2024 - Jun 2024 Median sale price $815K Median list price $725K Jul 2024 - Sep 2024 Median sale price $930K Median list price $825K Oct 2024 - Dec 2024 Median sale price $799K Median list price $975K Jan 2025 - Mar 2025 Median sale price $830K Median list price $908K Apr 2025 - Jun 2025 Median sale price $900K Median list price $795K Jul 2025 - Sep 2025 Median sale price $890K Median list price $1M Oct 2025 - Dec 2025 Median sale price $1M Median list price $970K Jan 2026 - Mar 2026 Median sale price $915K Median list price $960K Apr 2026 - Jun 2026 Median sale price $1M Median list price $750K Jul 2026 - Sep 2026 Median sale price $819K Median list price $890K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
19
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 (Jul 2026 - Sep 2026).

Nakoma currently leans toward sellers, with the local gauge signaling a firm seller’s market. Inventory is very tight at just 0.9 months of supply, far below Madison’s 2.8 months. Homes are also moving faster than a year ago, with the median time on market down to 45 days.

Over the latest rolling three-month period ending in September 2026, prices have eased but activity has picked up. The typical home value of about $819,000 is down roughly 8 percent year over year, while the median list price has fallen more than 14 percent, suggesting sellers are pricing more cautiously. At the same time, homes sold are up about 25 percent compared with a year earlier, pointing to stronger buyer engagement despite higher price points than the broader Madison area.

Listing supply remains limited, with active listings only slightly higher than a year ago and new listings down around 11 percent year over year. Even with softer pricing, about 27 percent of recent sales closed above the asking price, and the average sale-to-list ratio sits just under 100 percent, reinforcing that well-priced homes still attract solid offers. With this mix of low inventory, quicker sales, and shifting price expectations, both buyers and sellers in Nakoma can benefit from an expert Agent Pronto–recommended real estate agent to help them navigate the market confidently.



Learn more about what Nakoma has to offer.

Nakoma offers residents a welcoming, walkable community with tree-lined streets, ample green space, and convenient access to nearby shops, schools, and cultural amenities.

Nakoma in Madison stands apart from nearby areas like Monroe Street and Bay Creek with its curving, tree lined streets and strong sense of neighborhood identity. Many homes date from the early to mid 20th century, giving the area an established character, while its location near the University of Wisconsin–Madison Arboretum adds a rare connection to nature so close to downtown.

Residents enjoy easy access to Nakoma Park and the Odana Hills Golf Course, as well as convenient routes to Downtown Madison. Nearby Monroe Street offers local favorites such as cafes and bakeries along with the Sequoya Library, a hub for community events. Families appreciate local schools in the Madison Metropolitan School District, and the neighborhood’s active association organizes gatherings that keep neighbors connected.

Whether you are moving from across town in Dane County or relocating to Madison for the first time, Nakoma’s mix of architectural character, green space, and community involvement has strong appeal. The market here can be competitive, with limited inventory and highly informed buyers.

Planning ahead is essential. Buyers benefit from clear priorities and timely guidance, while sellers gain from strategic preparation and pricing. Agent Pronto connects you with an experienced local real estate agent who understands Nakoma’s dynamics and can help both buyers and sellers make the most of their timing.

Find your Nakoma 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.

“Kyle did a wonderful job for my family. My first time selling a home and he answered every question I threw at him with no hesitation. I never give anyone a 10 because they can always be perfect. I would definitely reach out to Klye again when I sell my home in the future.”

Patricia Bloom · Milwaukee, WI

Photo of Kyle Ristow
Forward Realty Partners
“Austin was the best we could ask for, he made the whole process seamless. We had nothing but good and positive things to say about Austin. This stage in life will be leveled up because of the professional and attention to detail Austin gives”

ajhlockz ·

“Dawn is amazing!! We absolutely LOVE our new home thanks to dawn. She went above and beyond on anything we needed at any time day or night. Made the process of buying are home so easy and set us up with the best team.”

c g ·

Photo of Dawn Drexler-Hilber
Modern Realty Partners
“Very responsive and knowledgeable. Easy to work with and made time for all of our showings. Communication was top notch. I would recommend Jennifer to anyone looking to buy a home. Very transparent and will not put you in the wrong position.”

cpumilia79 ·

Photo of Jennifer Habersat
Abundance Real Estate
“Everything about Liz and her knowledge is amazing! She is honest and very forthcoming both when buying and selling. I feel like I’ve had a parent by my side the entire process of both buying and selling a house. Liz ensures that you are supported through every step of the journey and always has your back. I would recommend her to anyone and everyone.”

crystalracer47 ·

Photo of Liz Kostroski
NextHome Success
“Dre was highly recommended to my partner and me by one of our co-workers, who is also a realtor. After meeting him for the first time, we both knew he was the right realtor for us. He presented as professional, methodical, and knowledgeable, and his demeanor really put us at ease. We were immediately comfortable around him. As we continued working with him and getting to know him, we also found Dre to be reliable, patient, and attentive. As first time homebuyers, this was exactly what we were looking for. He's exceptional at all the things you want him to be exceptional at: scheduling and coordinating showings, letting us take our time in the houses, walking us through the paperwork and the processes with remarkable patience, even when we asked the same question multiple times. Where Dre really shines, though, is in his responsiveness. He was always incredibly communicative with us about his availability, and he was more than willing to take calls or have extensive text message chats at all times of the day. It felt like we were his only clients, which we certainly were not, but that was level of attention and focus he gave us. One example stands out above the rest: There was a new house on the market we really wanted to see on the first day it opened (a Saturday), but Dre was unable to take us to a showing himself since he was out of town, something he had told us about two weeks in advance. We wanted to make sure we were the first people in there, though, and he went out of his way to make it happen by connecting us with one of his other agents who was available. We ended up loving the house and wanted to submit an offer. At the drop of a hat, while he was on vacation, Dre got on the phone with us for 45 minutes to talk about the house and start drafting up an offer. We continued communicating with him periodically through the rest of the afternoon, getting things squared away with the language. Fast forward to three days later, and we had an accepted offer! I can honestly say that I don't think we would have gotten our house if Dre hadn't willingly sacrificed part of his vacation time for us. He is not just a team player; he is a cheerleader and a coach too. He made sure we felt supported throughout the entire process, and it gave us such a positive experience as first-time homebuyers. His reputation truly precedes him; we're so grateful for the initial recommendation, and for the above-and-beyond service we received from Dre!”

Elizabeth O'Rourke ·

Photo of Dre Alexander
Keller Williams Realty
“Kelley Muselman has been wonderful to work with. Our family has worked with her for over four years, and during that time she has helped us with two home purchases, one land purchase and sale, and most recently the sale of my parents’ primary home. She is knowledgeable, responsive, and incredibly easy to work with. Kelley takes the time to explain things clearly, stays on top of every detail, and genuinely looks out for her clients’ best interests. Every transaction we’ve worked on with her has been smooth, well-managed, and far less stressful because of her guidance. It’s rare to find a realtor you trust enough to go back to again and again, but Kelley has absolutely earned that trust with our family. We highly recommend her to anyone buying or selling a home.”

Lynn Tanner ·

Photo of Kelley Muselman
Realty Executives Cooper Spransy
“We cannot say enough good things about Andrew. He helped us buy our very first home in Mount Horeb in 2018, guided us through purchasing our second home in Blanchardville in 2023, and most recently sold our Mount Horeb house for us in 2026. Having worked with him through every stage of our homeownership journey, we can confidently say there is no better broker we could have hoped for. Andrew is extremely professional and exceptionally knowledgeable. When it came time to sell, he gave clear, practical recommendations on exactly what we needed to do to make our home as marketable as possible—and those recommendations truly paid off. He is hands-on, responsive, and genuinely invested in his clients’ success, making what can be a stressful process feel manageable and well-guided. Regardless of what company he is with, Andrew sets the standard for what a great realtor should be. That said, HomeTeam4U has been absolutely awesome throughout this transaction, and we are incredibly grateful for the support and expertise we received. We would recommend Andrew without hesitation to anyone looking to buy or sell a home.”

Renate Ambrose ·

“Kim Colby and Tom Citta helped me both sell my previous home and buy my new one, and they were fantastic throughout the entire process. They were professional, responsive, and made everything feel smooth and stress-free for my wife and I. They gave great advice on pricing and were always available to answer questions. On the buying side, we were able to find exactly what we wanted, and they assisted us through the entire process, answering all of our questions along the way. We’re so grateful for their support and highly recommend them to anyone looking to buy or sell a home!”

anthony vargas4 ·

Photo of Kim Colby
Kim Colby Homes
“Brian always had our best interests in mind throughout our entire buying process. He was patient, thorough, and went out of his way to make the process as comfortable, easy, and stressless as possible. We feel really lucky we have had him as our representative.”

gperl8 ·

Photo of Brian Fendry
Berkshire Hathaway HS Lake Country
“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
“Trent is a very experienced and Knowledgeable realtor. We used him to buy a new house and sell are old one, ten years ago and again this year. He goes above and beyond to make buying and selling a great experience. I highly recommend Trent Estabrook!”

plemonhead1 ·

Photo of Trent Estabrook
Pinnacle Real Estate Group, LLC
“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
“I would recommend. She was personable and professional and helped me with my real estate needs. She was able to list my property at a flat fee to increase my homes exposure.”

Clark Bennett ·

Photo of Lori Morrissey
HouseReward.com

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 Nakoma. 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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