53716 Home Values & Market Trends
There are 11 homes currently listed for 53716. 53716 real estate market trends show that home prices range from $349,000 to $624,900, and the median sales price in the 53716 zip code is $367,663.56. The total number of properties sold within the past twelve months is 299. In 53716, 1 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.
53716 Real Estate Market Overview
City | Median Est. Value |
---|---|
Madison | $ 411,625 $ 225/sqft |
Housing Market Summary for 53716
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $399.9K | $365.5K | -8.60% |
Median Sold Price | $338.9K | $365.5K | 7.85% |
Homes For Sale | 15 | 9 | -40.00% |
Homes Sold | 173 | 171 | -1.16% |
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 53716
Browse Homes in 53716
The median list price of a home in Madison, is $367,663.56. A total of 11 properties are for sale, and the percentage of properties for sale in the zip code is 11.00%. The total count of 53716 properties is 6,601.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 53716 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 53716; 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 53716 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 53716. There is 1 cities within 53716; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmadison has 7 auction properties, the highest number of properties going to auction in a single city in the state of 53716. Auction homes and other auction properties account for 0.02% of all properties in 53716. There is 1 cities within 53716; of that cities, the median estimated home value for homes going to auction ranges from $458,600 in madison to the lowest value of $306,250 in madison.
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More Real Estate Resources for 53716
Guide for 53716
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
A comparative analysis of nearby cities shows diverse market dynamics in the Wichita real estate market in the first three months of 2024.