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Madison Metro Area Housing

 

As of 2010-2014, median price of a house in Madison Area is $217,500, which is higher than the state average of $165,900 and is higher than the national average of $175,700. The median year that a house in Madison Area was built is 1978, which is newer than the median year for a house built in the state which is 1972 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 157,870 Owner Occupied Houses in Madison Area, #85
Madison Area
217,500 USD
Wisconsin
165,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Madison Area
-0.55%
Wisconsin
47.86%
U.S.
46.91%

*The Madison Area median house price growth rate is since 2005-2009. The Wisconsin and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Madison AreaWisconsinU.S.
Total Housing Units271,435, see rank, 100%2,635,602132,741,033
Occupied Housing Units255,724, 94.21%, see rank87.01%87.55%
Owner Occupied157,870, 58.16%, see rank58.88%56.34%
Renter Occupied97,854, 36.05%, see rank28.13%31.21%
Vacant Housing Units15,711, 5.79%, see rank12.99%12.45%
For Rent3,709, 1.37%, see rank1.55%2.34%
For Sale Only2,705, 1.00%, see rank1.14%1.20%
Rented or Sold, Not Occupied2,113, 0.78%, see rank0.58%0.92%
For Seasonal, Recreational, or Occasional Use3,422, 1.26%, see rank7.02%3.97%
For Migrant Workers57, 0.02%, see rank0.02%0.03%
Other Vacant3,705, 1.36%, see rank2.67%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #344
Madison AreaWisconsinU.S.
197819721976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Madison Area%WisconsinU.S.
Owner-Occupied Units157,870100%1,551,76974,787,460
With a Mortgage113,80672.09%, see rank66.34%65.58%
Without a Mortgage44,06427.91%, see rank33.66%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Madison Area
1,688 USD
Wisconsin
1,431 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMadison Area%WisconsinU.S.
$299 or Less740.07%, see rank0.10%0.20%
$300 to $4994600.40%, see rank1.02%1.59%
$500 to $6992,1431.88%, see rank4.21%5.01%
$700 to $9997,9747.01%, see rank14.68%14.32%
$1,000 to $1,49932,02028.14%, see rank34.81%27.90%
$1,500 to $1,99934,64130.44%, see rank24.78%20.35%
$2,000 to $2,99927,55824.21%, see rank15.85%19.52%
$3,000 or More8,9367.85%, see rank4.55%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Madison Area
23.60% of the Total Income
Wisconsin
23.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Madison Area%WisconsinU.S.
10% or Less4,7004.13%, see rank4.51%5.86%
10% to 20%36,20031.81%, see rank33.66%31.95%
20% to 30%38,49933.83%, see rank30.65%27.64%
30% to 40%16,29114.31%, see rank13.53%13.74%
40% or More17,68815.54%, see rank17.33%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Madison Area
633 USD
Wisconsin
533 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMadison Area%WisconsinU.S.
$199 or Less8131.85%, see rank2.64%7.76%
$200 to $2991,5143.44%, see rank6.41%14.70%
$300 to $4998,88620.17%, see rank34.53%34.63%
$500 to $69916,02836.37%, see rank33.44%21.16%
$700 or More16,82338.18%, see rank22.98%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Madison Area
12.90% of the Total Income
Wisconsin
13.70% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Madison Area%WisconsinU.S.
10% or Less16,25636.89%, see rank33.30%40.19%
10% to 20%15,00134.04%, see rank35.42%31.47%
20% to 30%6,03613.70%, see rank14.69%12.24%
30% to 40%2,4055.46%, see rank6.48%5.64%
40% or More4,1069.32%, see rank9.14%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Madison AreaWisconsinU.S.
Total Housing Units271,435, 100%2,635,602132,741,033
1-unit, Detached156,760, 57.75%, see rank66.63%61.65%
1-unit, Attached15,945, 5.87%, see rank4.34%5.82%
2 Units12,786, 4.71%, see rank6.57%3.75%
3 or 4 Units15,655, 5.77%, see rank3.79%4.43%
5 to 9 Units16,447, 6.06%, see rank4.88%4.78%
10 or More Units49,451, 18.22%, see rank10.13%13.08%
Mobile Home, Boat, RV, Van, etc.4,391, 1.62%, see rank3.65%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Madison AreaWisconsinU.S.
Total Housing Units271,435, 100%2,635,602132,741,033
1 Room6,112, 2.25%, see rank1.60%1.95%
2 Rooms9,915, 3.65%, see rank2.32%2.48%
3 Rooms27,177, 10.01%, see rank8.42%9.13%
4 Rooms42,628, 15.70%, see rank16.51%16.60%
5 Rooms45,774, 16.86%, see rank20.77%20.41%
6 Rooms41,688, 15.36%, see rank17.70%18.06%
7 Rooms34,449, 12.69%, see rank12.69%12.27%
8 Rooms26,623, 9.81%, see rank8.89%8.48%
9 Rooms or More37,069, 13.66%, see rank11.10%10.60%
Median Rooms5.60, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Madison AreaWisconsinU.S.
Total Housing Units271,435, 100%2,635,602132,741,033
No Bedroom6,940, 2.56%, see rank1.76%2.17%
1 Bedroom33,087, 12.19%, see rank9.90%11.16%
2 Bedrooms75,625, 27.86%, see rank28.88%26.69%
3 Bedrooms103,119, 37.99%, see rank41.24%39.70%
4 Bedrooms42,641, 15.71%, see rank14.72%16.05%
5 or More Bedrooms10,023, 3.69%, see rank3.50%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Madison AreaWisconsinU.S.
Total Housing Units255,724, 100%2,293,250116,211,092
Utility Gas165,445, 64.70%, see rank65.30%48.85%
Bottled, Tank, or LP Gas21,326, 8.34%, see rank10.88%4.86%
Electricity53,694, 21.00%, see rank14.81%36.68%
Fuel Oil, Kerosene, etc.5,041, 1.97%, see rank3.02%5.86%
Coal or Coke53, 0.02%, see rank0.01%0.12%
Wood6,288, 2.46%, see rank4.57%2.12%
Solar Energy71, 0.03%, see rank0.03%0.05%
Other Fuel2,422, 0.95%, see rank0.94%0.47%
No Fuel Used1,384, 0.54%, see rank0.44%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMadison AreaWisconsinU.S.
Occupied Units Paying Rent95,456, 100%709,82839,201,928
$199 or Less493, 0.52%, see rank1.15%1.50%
$200 to $2992,049, 2.15%, see rank3.37%3.18%
$300 to $4994,112, 4.31%, see rank9.44%7.37%
$500 to $69913,986, 14.65%, see rank24.99%16.01%
$700 to $99940,210, 42.12%, see rank38.29%29.17%
$1,000 to $1,49926,216, 27.46%, see rank18.34%26.88%
$1,500 to $1,9995,931, 6.21%, see rank3.01%9.79%
$2,000 or More2,459, 2.58%, see rank1.41%6.10%
Median$892, see rank$772$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Madison AreaWisconsinU.S.
Occupied Housing Units255,724, 100%2,293,250116,211,092
No Vehicles Available19,234, 7.52%, see rank7.13%9.12%
1 Vehicles Available88,304, 34.53%, see rank32.55%33.80%
2 Vehicles Available104,379, 40.82%, see rank40.36%37.48%
3 or More Vehicles Available43,807, 17.13%, see rank19.97%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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