Madison, WI 53701 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Madison, WI — 53701
Median Listing Price
--
Population
--
Households
251,529
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
261K
units
Occupied
251,529
96.3%
Vacant
9,532
3.7%
2024 Tenure
252K
occupied
Owner
143,682
57.1%
Renter
107,847
42.9%
Renter Share
42.9%
+1.3% YoY
Total Housing Units
261,061
+2.4% YoY
FY2026 Fair Market Rent — Dane County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,268
/month
1 BR
$1,482
/month
2 BR
$1,694
/month
3 BR
$2,236
/month
4 BR
$2,509
/month
FMR Trends — Dane County
Source: HUD Fair Market Rents
County Demographics
Median Age
35.7
2024
Population
Dane County Population
588,347
+1.5% YoY
Households
Total Households
251,529
+2.4% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.21
-1.3% YoY
Age
2024 Age Mix
573K
residents
Under 18
112,792
19.7%
Adults 18–64
373,613
65.2%
65 & Over
86,269
15.1%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
112,792
-0.1% YoY
Population 65 & Over
86,269
+3.9% YoY
Median Age
35.70
+0.3% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
81.4%
Moved (within US)
17.7%
Other
0.9%
Veterans
4.3%
-6.5% YoY
County Economy
Income
Median Household Income
$90K
+2.1% YoY
Per-Capita Income
$53K
+3.3% YoY
Mean Household Income
$120K
+2.3% YoY
Poverty
Below Poverty Level
10.6%
+1.0% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
63.8%
Public transit
2.9%
Worked from home
20.0%
Other
13.3%
Worked From Home
20.0%
+12.4% YoY
Mean Commute
20.60
-1.0% YoY
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