2025 Madison, WI Real Estate Year-in-Review
- Kelsey Bakken
- Jan 5
- 2 min read
The 2025 Madison real estate market delivered a mix of activity and opportunity for buyers and sellers alike. From single-family homes to condos, the market showed a wide range of trends and price points. Here’s a detailed look at the numbers.
Single-Family Homes
Total sold: 1,879 homes
Lowest sale price: $170,000
Highest sale price: $3,000,000
Average sale price: $516,939
Median sale price: $455,000
Average days on market: 23
Total real estate sold (single family): $971,329,915
Condos
Total sold: 753 condos
Lowest sale price: $90,000
Highest sale price: $5,000,000
Average sale price: $354,206
Median sale price: $300,000
Average days on market: 9
Total real estate sold (condo): $266,717,583
Market Takeaways
The Madison, WI real estate market in 2025 remained strong overall, continuing the momentum from 2024. While home prices rose early in the year, the market gradually cooled as 2025 progressed. Homes spent slightly more time on the market, some experienced price reductions, and showings per listing decreased, suggesting a modest easing of buyer urgency. Despite these changes, low inventory kept Madison firmly in seller’s territory. Median home prices still increased year-over-year (November 2025 saw an 8.4% rise compared to November 2024) showing that Madison’s real estate market remained healthy and competitive despite a slight cooling.
If you or anyone you know is thinking about buying or selling a home in the Madison area in 2026, now is a great time to start planning. Whether you’re looking for your first home, upgrading, or selling your current property, I can provide expert guidance, market insights, and personalized support every step of the way. Contact me today to discuss your real estate goals and make the most of Madison’s 2026 market!
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