53711 Home Values & Market Trends
There are 53 homes currently listed for 53711. 53711 real estate market trends show that home prices range from $149,900 to $1,150,000, and the median sales price in the 53711 zip code is $459,114.83. The total number of properties sold within the past twelve months is 715. In 53711, 2 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
53711 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Madison | $ 437,125 $ 231/sqft |
Housing Market Summary for 53711
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $489.9K | $445K | -9.17% |
| Median Sold Price | $411.1K | $445K | 8.24% |
| Homes For Sale | 57 | 44 | -22.81% |
| Homes Sold | 378 | 384 | 1.59% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 53711
Browse Homes in 53711
The median list price of a home in Madison, is $459,114.83. A total of 53 properties are for sale, and the percentage of properties for sale in the zip code is 53.00%. The total count of 53711 properties is 15,607.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 53711 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 53711; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 53711 ranges from the highest value of $298,250 in madison to the lowest value of $298,250 in madison. Bank owned homes and properties account for 0.01% of properties in 53711. There is 1 cities within 53711; madison containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmadison has 6 auction properties, the highest number of properties going to auction in a single city in the state of 53711. Auction homes and other auction properties account for 0.01% of all properties in 53711. There is 1 cities within 53711; of that cities, the median estimated home value for homes going to auction ranges from $462,800 in madison to the lowest value of $307,000 in madison.
Compare Nearby Zip Codes
More Real Estate Resources for 53711
Guide for 53711
Madison’s real estate market continues to robustness, with varied trends across different market segments.
Milwaukee’s real estate market has shown growth with increasing property values and sold prices in the past year. However, the market contrasts with wealthier neighboring cities with higher average sold prices.
Wisconsin Foreclosure Laws
Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?