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Area data

Madison, WI — ZIP 53704

Population: 46,730 (Census ACS)

The median home value in ZIP 53704 (Madison, WI) is $384,292 — up 2.0% over the past year. Homes sell for a median $460,000 after a median 78 days on market. Typical rent runs $1,576/month. 14 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with coldwave, hail, icestorm the top-rated hazards. Cost of living is 7.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$384,292

Median home value

+2.0%

1-year change

78

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$384,292
1-year appreciation
+2.0%
3-year appreciation
+8.1%
5-year appreciation
+20.9%
10-year appreciation
+72.5%
All-time peak (2026-04)
$384,562
House Price Index (state)
459.9 (+5.7% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$460,000
Median list price
$450,000
Median price per sqft
$244
Median days on market
78 days
Homes sold (recent period)
3
For-sale inventory
129
Sale-to-list ratio
97.1%
1-year forecast
+1.8%
Days to pending
25 days
New listings (monthly)
57

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,576/mo
1-year rent change
+2.4%
Studio fair-market rent
$783/mo
1BR fair-market rent
$978/mo
2BR fair-market rent
$1,230/mo
3BR fair-market rent
$1,599/mo
4BR fair-market rent
$1,845/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
93.0 (100 = US avg)
Electricity rate (state-level)
18.2¢/kWh
Natural gas rate (state-level)
$10.70/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
14
Elementary schools
7
Middle schools
2
High schools
2
Charter schools
1
School districts serving the area
Wisconsin Department of Health Services, Isthmus Montessori Academy Inc., Madison Metropolitan School District
Schools include
Central Wisconsin Center, Mendota Mental Health Institution, Isthmus Montessori Academy Public, Sandburg Elementary, Lindbergh Elementary

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
coldWave, hail, iceStorm, inlandFlooding, lightning
Notable hazard ratings (county)
coldWave: Very High · drought: Relatively Low · earthquake: Relatively Low · hail: Relatively High · heatWave: Relatively Moderate · iceStorm: Relatively High
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 20% of US counties
Buildings in wildfire direct-exposure zone
26.8%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Madison Metropolitan Sewerage District Lagoons (7 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
51.0°F
Average high
59.0°F
Average low
42.0°F
Annual precipitation
33.0 in
Annual snowfall
45.6 in
USDA plant hardiness zone
5b (extreme annual low -15 to -10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
50
Days with Good air quality
184
Days with Moderate air quality
157
Days with Unhealthy air quality
1
Highest AQI recorded (year)
268

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
11.5 / 20
Transit service frequency
872
Jobs reachable by car (30 min)
52,460
Jobs reachable by transit (45 min)
42,020

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Ice Age National Scenic Trail (60 mi)
Airports within 30 mi
51
Nearest airport
Dane County Regional Truax Field (MSN) (1 mi)
Nearest major airport
Dane County Regional Truax Field (MSN) (1 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
MENDOTA MENTAL HEALTH INSTITUTE
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-1,181 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,971
Housing built before 1970
48.2%
Housing built 2000 or later
16.3%
Median annual property tax
$5,308
Mean commute to work
17 min
Households with broadband internet
82.7%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
275,196
Average weekly wage
$1,370
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
1,256

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 53704State medianUS median
Median home value$384,292$316,891$289,727
Median sale price$460,000$322,500$325,000
Median days on market78 days49 days51 days
Typical rent$1,576/mo$1,408/mo$1,808/mo
Median annual property tax$5,308$2,994$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 53704?
$384,292.
What is the median sale price in ZIP 53704?
$460,000.
How long do homes take to sell in ZIP 53704?
Median days on market: 78 days.
What is typical rent in ZIP 53704?
Typical rent: $1,576/month.
What is the natural-hazard risk in ZIP 53704?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: coldWave, hail, iceStorm, inlandFlooding, lightning.
Is ZIP 53704 in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in ZIP 53704?
Risk to homes is higher than 20% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 53704?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 53704?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 53704?
14 schools (7 elementary, 2 middle, 2 high) (NCES, 2022-23).
Is ZIP 53704 walkable?
Walkability index: 11.5/20 (EPA Smart Location Database).
What is the air quality in ZIP 53704?
Good. Median AQI: 50. (EPA AQI).
What is the cost of living in ZIP 53704?
Regional Price Parity: 93.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents