MADISON Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Madison averaged
6.35%
for the week of 2024-11-14, compared to the national average of
6.78% for the same period.
The average rate for the prior week (2024-11-07) was
6.36% and
one month ago for the week of 2024-10-10, the
average rate was 5.79%.
Madison's average rate one year ago was 7.27%.
For refis of the same type during the week of 2024-11-14, the average rate
was 4.09%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-14 | 6.78% |
| Madison 30 Year Fixed Rate | 2024-11-14 | 6.35% |
| Madison 30 Year Fixed Rate Refi | 2024-11-14 | 4.09% |
| Madison 15 Year Fixed Rate | 2024-11-14 | 5.71% |
| Madison 15 Year Fixed Rate Refi | 2024-11-14 | 6.19% |
| Madison 30 Year FHA | 2024-11-14 | -0.09% |
| Madison 30 Year FHA Refi | 2024-11-14 | 0.1% |
| Madison 30 Year USDA | 2024-11-14 | -0.2% |
| Madison 30 Year USDA Refi | 2024-11-14 | 0% |
| Madison 30 Year VA | 2024-11-14 | -0.07% |
| Madison 30 Year VA Refi | 2024-11-14 | 0.1% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within MADISON, WI.
MADISON Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the MADISON, WI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
MADISON Average Closing Costs & Other Stats
MADISON, WI's 212 lenders originated 17,435
loans during 2023. The total origination value was $4,375,275,000, with an average loan value of
$250,948.
MADISON's average closing costs are $3,292.
The top MADISON lender as defined by loan originations is University of Wisconsin Credit Union, with
990 loans originated. Their average total fees are
$3,135, which is $261
higher than the next largest lender,
Summit Credit Union.
The lowest fee MADISON lenders (with over 10 loans originated) are
Horicon Bank ($1,981), Landmark Credit Union ($2,081), The Bank of New Glarus ($2,175), Mound City Bank ($2,266) and Starion Bank ($2,406).
The lowest rate MADISON lenders (with over 10 loans originated) are
EAGLE HOME MORTGAGE, LLC (5.60%), Starion Bank (5.84%), Settlers Bank (5.88%), Morgan Stanley Private Bank (5.97%) and Bank of America (6.15%).
MADISON, WI Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| Summit Credit Union | $863,630,000 | $746,765,000 | -13.5% | 17.1% |
| University of Wisconsin Credit Union | $843,085,000 | $622,365,000 | -26.2% | 14.2% |
| THOMPSON KANE & COMPANY, LLC | $217,470,000 | $217,450,000 | 0.0% | 5.0% |
| WALKER & DUNLOP, LLC | $173,515,000 | $211,885,000 | 22.1% | 4.8% |
| State Bank of Cross Plains | $180,325,000 | $195,585,000 | 8.5% | 4.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $310,560,000 | $159,160,000 | -48.8% | 3.6% |
| The Park Bank | $226,485,000 | $138,880,000 | -38.7% | 3.2% |
| Barrington Bank & Trust Company, N.A. | $144,540,000 | $136,090,000 | -5.8% | 3.1% |
| Bank of Sun Prairie | $96,405,000 | $86,995,000 | -9.8% | 2.0% |
| Old National Bank | $104,705,000 | $86,760,000 | -17.1% | 2.0% |
| Associated Bank | $114,565,000 | $83,600,000 | -27.0% | 1.9% |
| Bell Bank | $10,165,000 | $69,775,000 | 586.4% | 1.6% |
| Johnson Bank | $92,590,000 | $68,890,000 | -25.6% | 1.6% |
| The Bank of New Glarus | $68,735,000 | $66,115,000 | -3.8% | 1.5% |
| GUILD MORTGAGE COMPANY | $85,080,000 | $64,550,000 | -24.1% | 1.5% |
| BMO Harris Bank | $77,100,000 | $53,040,000 | -31.2% | 1.2% |
| U.S. Bank | $93,680,000 | $52,420,000 | -44.0% | 1.2% |
| DUPACO COMMUNITY | $31,985,000 | $52,045,000 | 62.7% | 1.2% |
| Oregon Community Bank | $244,515,000 | $49,340,000 | -79.8% | 1.1% |
| QUICKEN LOANS, LLC | $67,725,000 | $49,140,000 | -27.4% | 1.1% |
| Heartland Credit Union (Madison) | $33,990,000 | $44,840,000 | 31.9% | 1.0% |
| UNITED WHOLESALE MORTGAGE, LLC | $44,060,000 | $43,205,000 | -1.9% | 1.0% |
| Prosperity Home Mortgage, LLC | $78,725,000 | $39,220,000 | -50.2% | 0.9% |
| The Huntington National Bank | $13,155,000 | $27,860,000 | 111.8% | 0.6% |
| JPMorgan Chase Bank | $41,875,000 | $25,680,000 | -38.7% | 0.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $20,410,000 | $25,555,000 | 25.2% | 0.6% |
| CORNERSTONE HOME LENDING, INC. | $27,525,000 | $25,255,000 | -8.2% | 0.6% |
| First National Bank of Omaha | $265,000 | $24,755,000 | 9,241.5% | 0.6% |
| MidWestOne Bank | $775,000 | $24,675,000 | 3,083.9% | 0.6% |
| Town Bank, N.A. | $97,225,000 | $23,285,000 | -76.1% | 0.5% |
| River Bank | $22,520,000 | n/a | 0.5% | |
| Starion Bank | $9,565,000 | $21,630,000 | 126.1% | 0.5% |
| Woodford State Bank | $24,300,000 | $20,150,000 | -17.1% | 0.5% |
| Nations Lending Corporation | $29,515,000 | $19,495,000 | -33.9% | 0.4% |
| Capitol Bank | $77,665,000 | $19,295,000 | -75.2% | 0.4% |
| Mortgage Research Center, LLC | $28,905,000 | $19,145,000 | -33.8% | 0.4% |
| Merchants Bank of Indiana | $2,080,000 | $19,005,000 | 813.7% | 0.4% |
| Settlers Bank | $33,295,000 | $18,200,000 | -45.3% | 0.4% |
| Landmark Credit Union | $31,335,000 | $18,050,000 | -42.4% | 0.4% |
| Regions Bank | $17,995,000 | n/a | 0.4% | |
| EAGLE HOME MORTGAGE, LLC | $3,770,000 | $17,605,000 | 367.0% | 0.4% |
| Bank of Deerfield | $29,515,000 | $17,175,000 | -41.8% | 0.4% |
| NEWREZ LLC | $32,475,000 | $17,095,000 | -47.4% | 0.4% |
| DMB Community Bank | $113,395,000 | $16,820,000 | -85.2% | 0.4% |
| Farmers & Merchants State Bank | $22,770,000 | $16,435,000 | -27.8% | 0.4% |
| Ixonia Bank | $4,445,000 | $16,430,000 | 269.6% | 0.4% |
| WINGS FINANCIAL | $1,525,000 | $15,560,000 | 920.3% | 0.4% |
| The Peoples Community Bank | $20,660,000 | $14,660,000 | -29.0% | 0.3% |
| Bank First, N.A. | $2,915,000 | $13,520,000 | 363.8% | 0.3% |
| The Bank of Brodhead | $19,060,000 | $13,035,000 | -31.6% | 0.3% |
| FOX COMMUNITIES | $605,000 | $13,000,000 | 2,048.8% | 0.3% |
| Bank Five Nine | $17,855,000 | $12,300,000 | -31.1% | 0.3% |
| Morgan Stanley Private Bank | $9,380,000 | $12,145,000 | 29.5% | 0.3% |
| Wells Fargo Bank | $66,875,000 | $11,705,000 | -82.5% | 0.3% |
| Oak Bank | $35,105,000 | $10,890,000 | -69.0% | 0.2% |
| Westbury Bank | $1,175,000 | $10,885,000 | 826.4% | 0.2% |
| Mound City Bank | $38,705,000 | $10,710,000 | -72.3% | 0.2% |
| IncredibleBank | $6,135,000 | $9,700,000 | 58.1% | 0.2% |
| A + MORTGAGE SERVICES, INC. | $24,735,000 | $9,550,000 | -61.4% | 0.2% |
| Farmers Savings Bank | $19,985,000 | $8,870,000 | -55.6% | 0.2% |
| NAVY FEDERAL CREDIT UNION | $9,480,000 | $8,260,000 | -12.9% | 0.2% |
| MARINE | $8,995,000 | $7,710,000 | -14.3% | 0.2% |
| Bank of America | $14,375,000 | $7,540,000 | -47.5% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $6,915,000 | $7,345,000 | 6.2% | 0.2% |
| Merchants Capital Corp. | $7,255,000 | n/a | 0.2% | |
| GUARANTEED RATE, INC. | $18,965,000 | $7,215,000 | -62.0% | 0.2% |
| LOANDEPOT.COM, LLC | $18,225,000 | $7,035,000 | -61.4% | 0.2% |
| Bank of England | $2,320,000 | $6,250,000 | 169.4% | 0.1% |
| CARDINAL FINANCIAL | $7,005,000 | $6,025,000 | -14.0% | 0.1% |
| Monona Bank | $226,225,000 | $5,890,000 | -97.4% | 0.1% |
| The First National Bank and Trust Company | $7,715,000 | $5,790,000 | -25.0% | 0.1% |
| USAA Federal Savings Bank | $8,080,000 | $5,745,000 | -28.9% | 0.1% |
| Union Federal Savings and Loan Association | $6,280,000 | $5,525,000 | -12.0% | 0.1% |
| Bankers' Bank | $2,240,000 | $5,450,000 | 143.3% | 0.1% |
| PENNYMAC LOAN SERVICES, LLC | $5,430,000 | $5,180,000 | -4.6% | 0.1% |
| Charles Schwab Bank, SSB | $3,545,000 | $5,050,000 | 42.5% | 0.1% |
| COMPEER FINANCIAL, FLCA | $9,240,000 | $4,855,000 | -47.5% | 0.1% |
| Blackhawk Community Credit Union | $5,155,000 | $4,800,000 | -6.9% | 0.1% |
| National Exchange Bank and Trust | $4,785,000 | $4,750,000 | -0.7% | 0.1% |
| Horicon Bank | $2,105,000 | $4,560,000 | 116.6% | 0.1% |
| Farmers and Merchants Union Bank | $12,030,000 | $4,360,000 | -63.8% | 0.1% |
| Royal Bank | $4,415,000 | $4,265,000 | -3.4% | 0.1% |
| Ally Bank | $9,355,000 | $3,880,000 | -58.5% | 0.1% |
| FREEDOM MORTGAGE CORPORATION | $13,105,000 | $3,855,000 | -70.6% | 0.1% |
| UBS Bank USA | $3,010,000 | $3,785,000 | 25.7% | 0.1% |
| Mr. Cooper ( Nationstar Mortgage ) | $11,735,000 | $3,745,000 | -68.1% | 0.1% |
| Connexus Credit Union | $2,565,000 | $3,725,000 | 45.2% | 0.1% |
| Great Midwest Bank, S.S.B. | $11,370,000 | $3,550,000 | -68.8% | 0.1% |
| Fortifi Bank | $6,430,000 | $3,475,000 | -46.0% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $11,260,000 | $3,415,000 | -69.7% | 0.1% |
| BETTER MORTGAGE CORPORATION | $8,240,000 | $3,410,000 | -58.6% | 0.1% |
| Crystal Lake Bank and Trust | $5,745,000 | $3,310,000 | -42.4% | 0.1% |
| Flagstar Bank, FSB | $9,525,000 | $3,305,000 | -65.3% | 0.1% |
| First Federal Bank | $870,000 | $3,235,000 | 271.8% | 0.1% |
| Baraboo State Bank | $7,300,000 | $3,230,000 | -55.8% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $4,775,000 | $3,190,000 | -33.2% | 0.1% |
| PNC Bank | $18,835,000 | $3,035,000 | -83.9% | 0.1% |
| PLANET HOME LENDING, LLC | $9,280,000 | $2,935,000 | -68.4% | 0.1% |
| MOVEMENT MORTGAGE, LLC | $2,275,000 | $2,925,000 | 28.6% | 0.1% |
| Nicolet National Bank | $6,165,000 | $2,755,000 | -55.3% | 0.1% |
| Discover Bank | $1,835,000 | $2,675,000 | 45.8% | 0.1% |
| BAY EQUITY LLC | $920,000 | $2,575,000 | 179.9% | 0.1% |
| GREENSTATE CREDIT UNION | $2,160,000 | $2,555,000 | 18.3% | 0.1% |
| LAKE MICHIGAN CREDIT UNION | $2,510,000 | n/a | 0.1% | |
| EDUCATORS CREDIT UNION | $1,695,000 | $2,450,000 | 44.5% | 0.1% |
| CoVantage Credit Union | $1,045,000 | $2,440,000 | 133.5% | 0.1% |
| ZILLOW HOME LOANS, LLC | $2,220,000 | $2,370,000 | 6.8% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $6,445,000 | $2,270,000 | -64.8% | 0.1% |
| ENDEAVOR CAPITAL, LLC. | $1,155,000 | $2,270,000 | 96.5% | 0.1% |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $1,685,000 | $2,205,000 | 30.9% | 0.1% |
| Prevail Bank | $855,000 | $2,120,000 | 148.0% | 0.0% |
| Century Mortgage Company DBA Century Lending Company | $2,070,000 | $2,045,000 | -1.2% | 0.0% |
| The Northern Trust Company | $2,035,000 | n/a | 0.0% | |
| BNY Mellon | $2,005,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,245,000 | $1,910,000 | 53.4% | 0.0% |
| Frandsen Bank & Trust | $165,000 | $1,890,000 | 1,045.5% | 0.0% |
| NBKC BANK | $1,970,000 | $1,860,000 | -5.6% | 0.0% |
| UIF CORPORATION | $1,270,000 | $1,855,000 | 46.1% | 0.0% |
| KeyBank | $26,265,000 | $1,850,000 | -93.0% | 0.0% |
| Royal Credit Union | $815,000 | $1,805,000 | 121.5% | 0.0% |
| PremierBank | $9,580,000 | $1,795,000 | -81.3% | 0.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $185,000 | $1,760,000 | 851.4% | 0.0% |
| Think Mutual Bank | $205,000 | $1,705,000 | 731.7% | 0.0% |
| First Community Credit Union | $2,025,000 | $1,680,000 | -17.0% | 0.0% |
| Goldman Sachs Bank USA | $1,590,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $2,745,000 | $1,530,000 | -44.3% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $1,035,000 | $1,520,000 | 46.9% | 0.0% |
| BROKER SOLUTIONS, INC. | $5,450,000 | $1,515,000 | -72.2% | 0.0% |
| Baxter Credit Union | $2,555,000 | $1,500,000 | -41.3% | 0.0% |
| DAS Acquisition Company, LLC | $4,210,000 | $1,500,000 | -64.4% | 0.0% |
| Citibank | $1,820,000 | $1,470,000 | -19.2% | 0.0% |
| Prudential Huntoon Paige Associates, LLC | $1,455,000 | n/a | 0.0% | |
| GUARANTEED RATE AFFINITY, LLC | $1,265,000 | $1,385,000 | 9.5% | 0.0% |
| ALTRA | $2,230,000 | $1,375,000 | -38.3% | 0.0% |
| First State Bank of Campbell Hill | $1,365,000 | n/a | 0.0% | |
| Deerwood Bank | $1,355,000 | n/a | 0.0% | |
| The Dart Bank | $1,350,000 | n/a | 0.0% | |
| Bank of Wisconsin Dells | $5,625,000 | $1,325,000 | -76.4% | 0.0% |
| First National Community Bank | $1,315,000 | n/a | 0.0% | |
| Peoples State Bank | $1,115,000 | $1,305,000 | 17.0% | 0.0% |
| First Bank | $1,260,000 | n/a | 0.0% | |
| ACADEMY MORTGAGE CORPORATION | $445,000 | $1,225,000 | 175.3% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $2,285,000 | $1,220,000 | -46.6% | 0.0% |
| PCM | $335,000 | $1,220,000 | 264.2% | 0.0% |
| SIRVA MORTGAGE, INC. | $315,000 | $1,220,000 | 287.3% | 0.0% |
| Deere Employees Credit Union | $2,175,000 | $1,195,000 | -45.1% | 0.0% |
| Waukesha State Bank | $670,000 | $1,185,000 | 76.9% | 0.0% |
| CMG MORTGAGE, INC. | $1,895,000 | $1,180,000 | -37.7% | 0.0% |
| American Airlines Federal Credit Union | $75,000 | $1,170,000 | 1,460.0% | 0.0% |
| Servion, Inc. | $1,320,000 | $1,135,000 | -14.0% | 0.0% |
| UNION HOME MORTGAGE CORP. | $1,130,000 | n/a | 0.0% | |
| AmeriHome Mortgage Company, LLC | $4,190,000 | $1,120,000 | -73.3% | 0.0% |
| AbbyBank | $9,425,000 | $1,115,000 | -88.2% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $1,140,000 | $1,090,000 | -4.4% | 0.0% |
| FIRST STATE MORTGAGE SERVICES, LLC | $525,000 | $1,035,000 | 97.1% | 0.0% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,675,000 | $1,035,000 | -38.2% | 0.0% |
| ENVOY MORTGAGE, LTD | $5,835,000 | $1,030,000 | -82.3% | 0.0% |
| ARC HOME LLC | $1,020,000 | n/a | 0.0% | |
| CIBM Bank | $315,000 | $1,010,000 | 220.6% | 0.0% |
| Midwest Heritage Bank FSB | $645,000 | $1,010,000 | 56.6% | 0.0% |
| Farmers Bank & Trust | $635,000 | $1,005,000 | 58.3% | 0.0% |
| Figure Lending LLC | $1,375,000 | $990,000 | -28.0% | 0.0% |
| CANOPY MORTGAGE, LLC | $645,000 | $980,000 | 51.9% | 0.0% |
| KELLER MORTGAGE, LLC | $2,640,000 | $980,000 | -62.9% | 0.0% |
| VILLAGE CAPITAL MORTGAGE | $980,000 | n/a | 0.0% | |
| CO-OP Credit Union | $975,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $685,000 | $975,000 | 42.3% | 0.0% |
| American Mortgage & Equity Consultants, Inc. | $1,780,000 | $950,000 | -46.6% | 0.0% |
| Carrington Mortgage Services, LLC | $2,855,000 | $950,000 | -66.7% | 0.0% |
| THRIVENT Federal Credit Union | $150,000 | $940,000 | 526.7% | 0.0% |
| Bank of Luxemburg | $925,000 | n/a | 0.0% | |
| SENB Bank | $425,000 | $920,000 | 116.5% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $915,000 | n/a | 0.0% | |
| Badger Bank | $1,890,000 | $905,000 | -52.1% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $235,000 | $890,000 | 278.7% | 0.0% |
| The Greenwood's State Bank | $2,210,000 | $885,000 | -60.0% | 0.0% |
| Busey Bank | $605,000 | $865,000 | 43.0% | 0.0% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,280,000 | $860,000 | -32.8% | 0.0% |
| First Community Bank | $395,000 | $840,000 | 112.7% | 0.0% |
| CLEARPATH LENDING | $835,000 | n/a | 0.0% | |
| STANFORD Federal Credit Union | $655,000 | $830,000 | 26.7% | 0.0% |
| TRUSTONE FINANCIAL FEDERAL CREDIT UNION | $1,220,000 | $830,000 | -32.0% | 0.0% |
| ON Q FINANCIAL, INC. | $810,000 | n/a | 0.0% | |
| Armed Forces Bank | $740,000 | $775,000 | 4.7% | 0.0% |
| Bremer Bank | $1,770,000 | $770,000 | -56.5% | 0.0% |
| Magnolia Bank | $365,000 | $765,000 | 109.6% | 0.0% |
| Blackhawk Bank | $1,310,000 | $750,000 | -42.7% | 0.0% |
| Merchants Bank | $24,230,000 | $735,000 | -97.0% | 0.0% |
| Raymond James Bank | $1,815,000 | $710,000 | -60.9% | 0.0% |
| Greenleaf Wayside Bank | $705,000 | n/a | 0.0% | |
| Stock Yards Bank & Trust Company | $695,000 | n/a | 0.0% | |
| GOVERNMENTAL EMPLOYEES | $305,000 | $635,000 | 108.2% | 0.0% |
| S1L, Inc. | $425,000 | $615,000 | 44.7% | 0.0% |
| Coastal Community Bank | $600,000 | n/a | 0.0% | |
| North Shore Bank FSB | $12,560,000 | $585,000 | -95.3% | 0.0% |
| LAKEVIEW LOAN SERVICING, LLC | $3,435,000 | $570,000 | -83.4% | 0.0% |
| Chicago Mortgage Solutions LLC | $2,040,000 | $555,000 | -72.8% | 0.0% |
| Home State Bank | $540,000 | n/a | 0.0% | |
| OCMBC, INC. | $525,000 | n/a | 0.0% | |
| Cambria Financial Group, LLC | $520,000 | n/a | 0.0% | |
| SUCCESS MORTGAGE PARTNERS, INC. | $365,000 | $520,000 | 42.5% | 0.0% |
| NexBank | $515,000 | n/a | 0.0% | |
| Bank of Milton | $865,000 | $505,000 | -41.6% | 0.0% |
| VERIDIAN CREDIT UNION | $480,000 | n/a | 0.0% | |
| Community First Credit Union | $775,000 | $475,000 | -38.7% | 0.0% |
| IOWA BANKERS MORTGAGE CORPORATION | $345,000 | $475,000 | 37.7% | 0.0% |
| Abbott Laboratories Employees Credit Union | $465,000 | n/a | 0.0% | |
| Stillman Bank | $465,000 | n/a | 0.0% | |
| Neighborhood Loans, Inc. | $1,115,000 | $460,000 | -58.7% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $445,000 | n/a | 0.0% | |
| American Community Bank of Indiana | $440,000 | n/a | 0.0% | |
| Waterstone Mortgage Corporation | $2,655,000 | $440,000 | -83.4% | 0.0% |
| PREMIA MORTGAGE, LLC | $305,000 | $435,000 | 42.6% | 0.0% |
| SUMMIT FUNDING, INC. | $435,000 | n/a | 0.0% | |
| NEW DAY FINANCIAL, LLC | $685,000 | $430,000 | -37.2% | 0.0% |
| V.I.P. MORTGAGE, INC. | $2,575,000 | $430,000 | -83.3% | 0.0% |
| NORTHROP GRUMMAN Federal Credit Union | $395,000 | $425,000 | 7.6% | 0.0% |
| Northwestern Bank | $335,000 | $425,000 | 26.9% | 0.0% |
| SPRING EQ, LLC | $1,020,000 | $425,000 | -58.3% | 0.0% |
| WISCONSIN MORTGAGE CORPORATION | $655,000 | $425,000 | -35.1% | 0.0% |
| Capitol Federal Savings Bank | $2,390,000 | $420,000 | -82.4% | 0.0% |
| BNC National Bank | $335,000 | $415,000 | 23.9% | 0.0% |
| CITYWIDE HOME LOANS, LLC | $415,000 | n/a | 0.0% | |
| First State Bank of St. Charles, Missouri | $415,000 | n/a | 0.0% | |
| MICHIGAN MUTUAL, INC. | $245,000 | $415,000 | 69.4% | 0.0% |
| Presidential Bank, FSB | $415,000 | n/a | 0.0% | |
| CNB Bank And Trust, N.A. | $405,000 | n/a | 0.0% | |
| T2 FINANCIAL LLC | $1,105,000 | $395,000 | -64.3% | 0.0% |
| Alerus Financial | $645,000 | $385,000 | -40.3% | 0.0% |
| Citizens Bank | $285,000 | $385,000 | 35.1% | 0.0% |
| COMPASS MORTGAGE, INC. | $305,000 | $385,000 | 26.2% | 0.0% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $925,000 | $385,000 | -58.4% | 0.0% |
| The Central Trust Bank | $740,000 | $385,000 | -48.0% | 0.0% |
| United Valley Bank | $385,000 | n/a | 0.0% | |
| ADVIA | $665,000 | $380,000 | -42.9% | 0.0% |
| ALLIANT CREDIT UNION | $1,180,000 | $380,000 | -67.8% | 0.0% |
| CONSUMERS COOPERATIVE CREDIT UNION | $1,010,000 | $380,000 | -62.4% | 0.0% |
| HOMESTEAD FUNDING CORP. | $810,000 | $375,000 | -53.7% | 0.0% |
| SOVEREIGN LENDING GROUP INCORPORATED | $445,000 | $375,000 | -15.7% | 0.0% |
| The First National Bank of Bangor | $375,000 | n/a | 0.0% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,185,000 | $370,000 | -68.8% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $370,000 | n/a | 0.0% | |
| Brighton Bank | $365,000 | n/a | 0.0% | |
| DEEPHAVEN MORTGAGE LLC | $365,000 | n/a | 0.0% | |
| First Western Federal Savings Bank | $365,000 | n/a | 0.0% | |
| MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION | $365,000 | n/a | 0.0% | |
| First-Citizens Bank & Trust Company | $1,480,000 | $355,000 | -76.0% | 0.0% |
| BAYSHORE MORTGAGE FUNDING, LLC | $345,000 | n/a | 0.0% | |
| Citizens Bank | $285,000 | $345,000 | 21.1% | 0.0% |
| Equity Prime Mortgage LLC | $360,000 | $335,000 | -6.9% | 0.0% |
| MLD MORTGAGE INC. | $1,055,000 | $335,000 | -68.2% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $185,000 | $330,000 | 78.4% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $65,000 | $330,000 | 407.7% | 0.0% |
| First Bank of Baldwin | $325,000 | n/a | 0.0% | |
| UNITED | $325,000 | n/a | 0.0% | |
| CALIBER HOME LOANS, INC. | $11,585,000 | $315,000 | -97.3% | 0.0% |
| Coulee Bank | $315,000 | n/a | 0.0% | |
| Fox Valley Savings Bank | $1,095,000 | $315,000 | -71.2% | 0.0% |
| Kohler Credit Union | $680,000 | $315,000 | -53.7% | 0.0% |
| State Bank Financial | $315,000 | n/a | 0.0% | |
| CONTOUR MORTGAGE CORPORATION | $305,000 | n/a | 0.0% | |
| CORPORATE AMERICA FAMILY | $305,000 | n/a | 0.0% | |
| Meridian Bank Corporation | $305,000 | n/a | 0.0% | |
| Paramount Bank | $305,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $325,000 | $290,000 | -10.8% | 0.0% |
| State Department Federal Credit Union | $290,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $245,000 | $285,000 | 16.3% | 0.0% |
| BOKF | $285,000 | n/a | 0.0% | |
| Key Mortgage Services, Inc. | $785,000 | $285,000 | -63.7% | 0.0% |
| MEMBERS COOPERATIVE | $285,000 | n/a | 0.0% | |
| Ohnward Bank & Trust | $285,000 | n/a | 0.0% | |
| Peoples Bank | $155,000 | $285,000 | 83.9% | 0.0% |
| THE ANDERSON FINANCIAL GROUP, INC. | $395,000 | $285,000 | -27.8% | 0.0% |
| Wyndham Capital Mortgage, Inc. | $1,695,000 | $285,000 | -83.2% | 0.0% |
| Fidelity Bank & Trust | $1,725,000 | $275,000 | -84.1% | 0.0% |
| FIRST MORTGAGE COMPANY, INC. | $275,000 | n/a | 0.0% | |
| Grundy Bank | $275,000 | n/a | 0.0% | |
| MASON MCDUFFIE MORTGAGE CORPORATION | $275,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $3,135,000 | $275,000 | -91.2% | 0.0% |
| 21ST MORTGAGE CORPORATION | $175,000 | $270,000 | 54.3% | 0.0% |
| Goldwater Bank, N.A. | $440,000 | $270,000 | -38.6% | 0.0% |
| Sunflower Bank | $265,000 | n/a | 0.0% | |
| Citizens State Bank | $255,000 | n/a | 0.0% | |
| PROPER RATE, LLC | $680,000 | $255,000 | -62.5% | 0.0% |
| TOTAL MORTGAGE SERVICES, LLC | $415,000 | $255,000 | -38.6% | 0.0% |
| VERITAS FUNDING, LLC | $255,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $315,000 | $245,000 | -22.2% | 0.0% |
| Hiawatha National Bank | $245,000 | n/a | 0.0% | |
| AMERICAN HERITAGE LENDING, INC. | $345,000 | $235,000 | -31.9% | 0.0% |
| LAND HOME FINANCIAL SERVICES, INC. | $1,500,000 | $235,000 | -84.3% | 0.0% |
| Plains Commerce Bank | $330,000 | $235,000 | -28.8% | 0.0% |
| First American Bank | $4,565,000 | $225,000 | -95.1% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $215,000 | n/a | 0.0% | |
| The Port Washington State Bank | $560,000 | $215,000 | -61.6% | 0.0% |
| Blue Ridge Bank | $205,000 | n/a | 0.0% | |
| EMBRACE HOME LOANS, INC. | $1,985,000 | $205,000 | -89.7% | 0.0% |
| The Bank of Elk River | $205,000 | n/a | 0.0% | |
| The Federal Savings Bank | $2,355,000 | $205,000 | -91.3% | 0.0% |
| Truist | $965,000 | $205,000 | -78.8% | 0.0% |
| VERVE, A CREDIT UNION | $185,000 | $205,000 | 10.8% | 0.0% |
| WESTconsin Credit Union | $195,000 | $205,000 | 5.1% | 0.0% |
| PyraMax Bank, FSB | $365,000 | $195,000 | -46.6% | 0.0% |
| CHERRY CREEK MORTGAGE, LLC | $1,675,000 | $185,000 | -89.0% | 0.0% |
| FEDEX EMPLOYEES CREDIT ASSOCIATION | $185,000 | n/a | 0.0% | |
| First Savings Bank | $1,240,000 | $185,000 | -85.1% | 0.0% |
| GENEVA FINANCIAL, LLC | $155,000 | $185,000 | 19.4% | 0.0% |
| The Equitable Bank, S.S.B. | $185,000 | n/a | 0.0% | |
| Tri City National Bank | $185,000 | n/a | 0.0% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $305,000 | $165,000 | -45.9% | 0.0% |
| DELMAR FINANCIAL COMPANY | $385,000 | $165,000 | -57.1% | 0.0% |
| EVERETT FINANCIAL, INC. | $4,055,000 | $165,000 | -95.9% | 0.0% |
| Arvest Bank | $640,000 | $155,000 | -75.8% | 0.0% |
| GREAT LAKES | $625,000 | $155,000 | -75.2% | 0.0% |
| Citadel Servicing Corporation | $145,000 | n/a | 0.0% | |
| Citizens Community Federal | $145,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $770,000 | $145,000 | -81.2% | 0.0% |
| CITIZENS EQUITY FIRST | $1,130,000 | $105,000 | -90.7% | 0.0% |
| Honor Credit Union | $105,000 | n/a | 0.0% | |
| HIWAY | $35,000 | $95,000 | 171.4% | 0.0% |
| Resource Bank, N.A. | $85,000 | n/a | 0.0% | |
| TOWER | $75,000 | n/a | 0.0% | |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $250,000 | $65,000 | -74.0% | 0.0% |
| 1st Community Credit Union | $35,000 | n/a | 0.0% | |
| TEACHERS | $35,000 | n/a | 0.0% | |
| UNITEDONE Credit Union | $35,000 | n/a | 0.0% | |
| Northwest Federal Credit Union | $375,000 | $25,000 | -93.3% | 0.0% |
MADISON's top lender by overall market share is Summit Credit Union, with 17.1% market share. In second place, with 14.2%, is University of Wisconsin Credit Union, having originated $622,365,000 in loans. In third place, with 5.0%, is THOMPSON KANE & COMPANY, LLC, having originated $217,450,000 in loans. In fourth place, with 4.8%, is WALKER & DUNLOP, LLC, having originated $211,885,000 in loans. In fifth place, with 4.5%, is State Bank of Cross Plains, having originated $195,585,000 in loans.
MADISON Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - MADISON (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $329,950 (6.5%) | $385,433 (7.8%) | 1.22 | 1,106 |
| 2018-02-01 | $349,900 (8.5%) | $399,589 (7.5%) | 1.27 | 1,086 |
| 2018-03-01 | $355,000 (6.0%) | $405,599 (4.7%) | 1.25 | 1,185 |
| 2018-04-01 | $357,925 (2.0%) | $412,380 (2.6%) | 1.21 | 1,300 |
| 2018-05-01 | $349,900 (0.0%) | $406,013 (1.8%) | 1.17 | 1,405 |
| 2018-06-01 | $340,000 (-0.7%) | $396,388 (1.4%) | 1.13 | 1,585 |
| 2018-07-01 | $339,900 (3.0%) | $392,614 (1.4%) | 1.14 | 1,697 |
| 2018-08-01 | $332,225 (1.9%) | $390,414 (3.2%) | 1.11 | 1,807 |
| 2018-09-01 | $334,900 (5.0%) | $395,749 (5.7%) | 1.13 | 1,880 |
| 2018-10-01 | $329,900 (7.3%) | $395,809 (8.2%) | 1.12 | 1,856 |
| 2018-11-01 | $329,900 (4.8%) | $392,702 (6.2%) | 1.12 | 1,668 |
| 2018-12-01 | $329,900 (3.1%) | $389,055 (3.3%) | 1.14 | 1,408 |
| 2019-01-01 | $339,950 (3.0%) | $404,153 (4.9%) | 1.17 | 1,260 |
| 2019-02-01 | $365,900 (4.6%) | $427,553 (7.0%) | 1.24 | 1,185 |
| 2019-03-01 | $370,614 (4.4%) | $435,402 (7.4%) | 1.21 | 1,226 |
| 2019-04-01 | $368,114 (2.9%) | $428,497 (3.9%) | 1.17 | 1,327 |
| 2019-05-01 | $366,000 (4.6%) | $430,442 (6.0%) | 1.14 | 1,446 |
| 2019-06-01 | $365,000 (7.4%) | $430,603 (8.6%) | 1.14 | 1,555 |
| 2019-07-01 | $352,548 (3.7%) | $418,240 (6.5%) | 1.10 | 1,644 |
| 2019-08-01 | $347,245 (4.5%) | $411,621 (5.4%) | 1.10 | 1,707 |
| 2019-09-01 | $343,114 (2.5%) | $406,191 (2.6%) | 1.10 | 1,775 |
| 2019-10-01 | $339,950 (3.1%) | $402,782 (1.8%) | 1.10 | 1,798 |
| 2019-11-01 | $340,000 (3.1%) | $404,794 (3.1%) | 1.11 | 1,573 |
| 2019-12-01 | $346,400 (5.0%) | $405,804 (4.3%) | 1.16 | 1,271 |
| 2020-01-01 | $347,400 (2.2%) | $411,512 (1.8%) | 1.16 | 1,136 |
| 2020-02-01 | $369,000 (0.9%) | $442,928 (3.6%) | 1.21 | 1,100 |
| 2020-03-01 | $372,423 (0.5%) | $451,628 (3.7%) | 1.17 | 1,161 |
| 2020-04-01 | $379,450 (3.1%) | $450,914 (5.2%) | 1.19 | 1,230 |
| 2020-05-01 | $384,950 (5.2%) | $451,853 (5.0%) | 1.17 | 1,170 |
| 2020-06-01 | $387,450 (6.2%) | $457,897 (6.3%) | 1.14 | 1,128 |
| 2020-07-01 | $377,450 (7.1%) | $453,348 (8.4%) | 1.09 | 1,107 |
| 2020-08-01 | $366,500 (5.5%) | $452,117 (9.8%) | 1.05 | 1,066 |
| 2020-09-01 | $359,950 (4.9%) | $443,358 (9.2%) | 1.03 | 1,033 |
| 2020-10-01 | $359,900 (5.9%) | $435,206 (8.1%) | 1.03 | 1,054 |
| 2020-11-01 | $364,625 (7.2%) | $438,753 (8.4%) | 1.07 | 863 |
| 2020-12-01 | $362,000 (4.5%) | $438,654 (8.1%) | 1.08 | 666 |
| 2021-01-01 | $374,900 (7.9%) | $455,263 (10.6%) | 1.12 | 537 |
| 2021-02-01 | $387,950 (5.1%) | $477,477 (7.8%) | 1.13 | 468 |
| 2021-03-01 | $383,925 (3.1%) | $468,247 (3.7%) | 1.09 | 468 |
| 2021-04-01 | $382,000 (0.7%) | $469,401 (4.1%) | 1.03 | 524 |
| 2021-05-01 | $387,500 (0.7%) | $469,350 (3.9%) | 1.03 | 547 |
| 2021-06-01 | $384,975 (-0.6%) | $473,907 (3.5%) | 1.01 | 650 |
| 2021-07-01 | $385,900 (2.2%) | $466,992 (3.0%) | 1.02 | 792 |
| 2021-08-01 | $382,400 (4.3%) | $463,590 (2.5%) | 1.02 | 894 |
| 2021-09-01 | $374,900 (4.2%) | $455,525 (2.7%) | 1.00 | 919 |
| 2021-10-01 | $375,000 (4.2%) | $451,680 (3.8%) | 1.00 | 881 |
| 2021-11-01 | $380,650 (4.4%) | $455,106 (3.7%) | 1.02 | 706 |
| 2021-12-01 | $387,400 (7.0%) | $458,974 (4.6%) | 1.05 | 533 |
| 2022-01-01 | $389,900 (4.0%) | $465,127 (2.2%) | 1.05 | 410 |
| 2022-02-01 | $399,900 (3.1%) | $481,821 (0.9%) | 1.04 | 388 |
| 2022-03-01 | $399,925 (4.2%) | $475,671 (1.6%) | 1.00 | 431 |
| 2022-04-01 | $408,550 (7.0%) | $476,934 (1.6%) | 0.97 | 508 |
| 2022-05-01 | $407,875 (5.3%) | $490,446 (4.5%) | 0.93 | 614 |
| 2022-06-01 | $416,950 (8.3%) | $511,389 (7.9%) | 0.93 | 723 |
| 2022-07-01 | $412,450 (6.9%) | $516,150 (10.5%) | 0.93 | 845 |
| 2022-08-01 | $412,475 (7.9%) | $522,415 (12.7%) | 0.95 | 844 |
| 2022-09-01 | $406,725 (8.5%) | $514,805 (13.0%) | 0.95 | 824 |
| 2022-10-01 | $409,900 (9.3%) | $527,112 (16.7%) | 0.96 | 865 |
| 2022-11-01 | $419,425 (10.2%) | $525,389 (15.4%) | 1.01 | 816 |
| 2022-12-01 | $424,150 (9.5%) | $522,661 (13.9%) | 1.05 | 641 |
| 2023-01-01 | $443,950 (13.9%) | $547,947 (17.8%) | 1.10 | 568 |
| 2023-02-01 | $446,900 (11.8%) | $566,534 (17.6%) | 1.08 | 506 |
| 2023-03-01 | $464,900 (16.3%) | $580,909 (22.1%) | 1.10 | 500 |
| 2023-04-01 | $479,900 (17.5%) | $599,909 (25.8%) | 1.12 | 524 |
| 2023-05-01 | $469,675 (15.2%) | $586,361 (19.6%) | 1.07 | 575 |
| 2023-06-01 | $476,500 (14.3%) | $575,918 (12.6%) | 1.07 | 627 |
| 2023-07-01 | $479,900 (16.4%) | $575,620 (11.5%) | 1.09 | 658 |
| 2023-08-01 | $481,500 (16.7%) | $571,480 (9.4%) | 1.11 | 686 |
| 2023-09-01 | $475,000 (16.8%) | $570,783 (10.9%) | 1.11 | 773 |
| 2023-10-01 | $469,900 (14.6%) | $566,843 (7.5%) | 1.11 | 802 |
| 2023-11-01 | $466,700 (11.3%) | $560,972 (6.8%) | 1.11 | 765 |
| 2023-12-01 | $479,950 (13.2%) | $565,274 (8.2%) | 1.17 | 652 |
| 2024-01-01 | $492,425 (10.9%) | $597,269 (9.0%) | 1.20 | 550 |
| 2024-02-01 | $494,475 (10.7%) | $597,391 (5.5%) | 1.19 | 537 |
| 2024-03-01 | $475,000 (2.2%) | $578,084 (-0.5%) | 1.12 | 603 |
| 2024-04-01 | $492,175 (2.6%) | $586,010 (-2.3%) | 1.14 | 647 |
| 2024-05-01 | $500,450 (6.6%) | $613,284 (4.6%) | 1.13 | 719 |
| 2024-06-01 | $499,950 (4.9%) | $601,520 (4.5%) | 1.12 | 861 |
| 2024-07-01 | $474,900 (-1.0%) | $567,457 (-1.4%) | 1.09 | 934 |
| 2024-08-01 | $469,850 (-2.4%) | $567,190 (-0.8%) | 1.09 | 1,028 |
| 2024-09-01 | $461,725 (-2.8%) | $553,773 (-3.0%) | 1.09 | 1,100 |
| 2024-10-01 | $453,835 (-3.4%) | $554,370 (-2.2%) | 1.07 | 1,082 |
MADISON's median listing price for 2024-10-01 was $453,835, a difference of
$-16,065
(-3.4%) versus the prior year and
$-7,890 versus the prior month.
MADISON's median listing price comes in at 107% of the national average.
MADISON's average listing price for 2024-10-01 was $554,370, a difference of $-12,473 (-2.2%) versus the prior year and $597 versus the prior month.
For the 2024-10-01 period, MADISON had 1,082 MLS listings, a difference of -18 listings (-2%) versus the prior month and 280 listings (35%) versus the prior year.
MADISON's median listing price comes in at 107% of the national average.
MADISON's average listing price for 2024-10-01 was $554,370, a difference of $-12,473 (-2.2%) versus the prior year and $597 versus the prior month.
For the 2024-10-01 period, MADISON had 1,082 MLS listings, a difference of -18 listings (-2%) versus the prior month and 280 listings (35%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - MADISON (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 87 days | 1,988 sqft |
| 2018-02-01 | 66 days | 2,058 sqft |
| 2018-03-01 | 40 days | 2,123 sqft |
| 2018-04-01 | 41 days | 2,158 sqft |
| 2018-05-01 | 41 days | 2,158 sqft |
| 2018-06-01 | 43 days | 2,143 sqft |
| 2018-07-01 | 45 days | 2,099 sqft |
| 2018-08-01 | 48 days | 2,074 sqft |
| 2018-09-01 | 52 days | 2,053 sqft |
| 2018-10-01 | 58 days | 2,025 sqft |
| 2018-11-01 | 66 days | 2,016 sqft |
| 2018-12-01 | 74 days | 1,966 sqft |
| 2019-01-01 | 81 days | 1,996 sqft |
| 2019-02-01 | 73 days | 2,121 sqft |
| 2019-03-01 | 59 days | 2,178 sqft |
| 2019-04-01 | 45 days | 2,170 sqft |
| 2019-05-01 | 40 days | 2,167 sqft |
| 2019-06-01 | 43 days | 2,150 sqft |
| 2019-07-01 | 46 days | 2,119 sqft |
| 2019-08-01 | 50 days | 2,108 sqft |
| 2019-09-01 | 56 days | 2,072 sqft |
| 2019-10-01 | 60 days | 2,047 sqft |
| 2019-11-01 | 73 days | 2,019 sqft |
| 2019-12-01 | 94 days | 2,009 sqft |
| 2020-01-01 | 94 days | 1,990 sqft |
| 2020-02-01 | 74 days | 2,076 sqft |
| 2020-03-01 | 48 days | 2,107 sqft |
| 2020-04-01 | 50 days | 2,161 sqft |
| 2020-05-01 | 60 days | 2,172 sqft |
| 2020-06-01 | 67 days | 2,164 sqft |
| 2020-07-01 | 57 days | 2,115 sqft |
| 2020-08-01 | 57 days | 2,070 sqft |
| 2020-09-01 | 52 days | 2,004 sqft |
| 2020-10-01 | 49 days | 1,957 sqft |
| 2020-11-01 | 55 days | 1,928 sqft |
| 2020-12-01 | 65 days | 1,900 sqft |
| 2021-01-01 | 65 days | 1,918 sqft |
| 2021-02-01 | 43 days | 1,986 sqft |
| 2021-03-01 | 35 days | 1,964 sqft |
| 2021-04-01 | 30 days | 1,977 sqft |
| 2021-05-01 | 36 days | 2,049 sqft |
| 2021-06-01 | 34 days | 2,014 sqft |
| 2021-07-01 | 36 days | 1,964 sqft |
| 2021-08-01 | 37 days | 1,937 sqft |
| 2021-09-01 | 41 days | 1,905 sqft |
| 2021-10-01 | 45 days | 1,886 sqft |
| 2021-11-01 | 52 days | 1,833 sqft |
| 2021-12-01 | 60 days | 1,790 sqft |
| 2022-01-01 | 61 days | 1,790 sqft |
| 2022-02-01 | 41 days | 1,810 sqft |
| 2022-03-01 | 32 days | 1,881 sqft |
| 2022-04-01 | 30 days | 1,868 sqft |
| 2022-05-01 | 30 days | 1,910 sqft |
| 2022-06-01 | 35 days | 1,986 sqft |
| 2022-07-01 | 37 days | 1,977 sqft |
| 2022-08-01 | 44 days | 1,960 sqft |
| 2022-09-01 | 47 days | 1,948 sqft |
| 2022-10-01 | 46 days | 1,964 sqft |
| 2022-11-01 | 52 days | 1,964 sqft |
| 2022-12-01 | 68 days | 1,930 sqft |
| 2023-01-01 | 76 days | 1,959 sqft |
| 2023-02-01 | 59 days | 1,962 sqft |
| 2023-03-01 | 40 days | 1,977 sqft |
| 2023-04-01 | 36 days | 2,054 sqft |
| 2023-05-01 | 34 days | 2,004 sqft |
| 2023-06-01 | 39 days | 2,019 sqft |
| 2023-07-01 | 42 days | 2,025 sqft |
| 2023-08-01 | 41 days | 2,026 sqft |
| 2023-09-01 | 46 days | 2,064 sqft |
| 2023-10-01 | 49 days | 2,015 sqft |
| 2023-11-01 | 56 days | 1,999 sqft |
| 2023-12-01 | 66 days | 1,982 sqft |
| 2024-01-01 | 69 days | 1,972 sqft |
| 2024-02-01 | 49 days | 1,991 sqft |
| 2024-03-01 | 41 days | 1,920 sqft |
| 2024-04-01 | 40 days | 1,928 sqft |
| 2024-05-01 | 31 days | 1,994 sqft |
| 2024-06-01 | 36 days | 1,998 sqft |
| 2024-07-01 | 44 days | 1,920 sqft |
| 2024-08-01 | 44 days | 1,920 sqft |
| 2024-09-01 | 46 days | 1,908 sqft |
| 2024-10-01 | 52 days | 1,915 sqft |
MADISON's median listing age (time on market) for 2024-10-01 was 52 days.
This
is 7%
longer
than the same period one year ago.
MADISON's median square footage for active listings during the 2024-10-01 period was 1,915 sqft. One year prior, the average listing was 2,015 sqft.
MADISON's median square footage for active listings during the 2024-10-01 period was 1,915 sqft. One year prior, the average listing was 2,015 sqft.
MADISON, WI Average Rent (2023)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 53507 | Madison, WI HUD Metro FMR Area | $900 | $970 | $1,200 | $1,560 | $1,760 |
| 53508 | Madison, WI HUD Metro FMR Area | $900 | $990 | $1,210 | $1,540 | $1,760 |
| 53515 | Madison, WI HUD Metro FMR Area | $840 | $970 | $1,130 | $1,510 | $1,760 |
| 53516 | Madison, WI HUD Metro FMR Area | $840 | $970 | $1,130 | $1,510 | $1,760 |
| 53517 | Madison, WI HUD Metro FMR Area | $950 | $1,090 | $1,300 | $1,700 | $1,910 |
| 53521 | Madison, WI HUD Metro FMR Area | $970 | $1,060 | $1,320 | $1,670 | $1,860 |
| 53523 | Madison, WI HUD Metro FMR Area | $890 | $1,050 | $1,220 | $1,600 | $1,810 |
| 53527 | Madison, WI HUD Metro FMR Area | $1,110 | $1,300 | $1,520 | $2,000 | $2,250 |
| 53528 | Madison, WI HUD Metro FMR Area | $960 | $1,130 | $1,320 | $1,730 | $1,960 |
| 53529 | Madison, WI HUD Metro FMR Area | $890 | $1,050 | $1,220 | $1,600 | $1,810 |
| 53531 | Madison, WI HUD Metro FMR Area | $840 | $970 | $1,130 | $1,510 | $1,760 |
| 53532 | Madison, WI HUD Metro FMR Area | $960 | $1,120 | $1,310 | $1,720 | $1,940 |
| 53534 | Madison, WI HUD Metro FMR Area | $840 | $970 | $1,130 | $1,510 | $1,760 |
| 53544 | Madison, WI HUD Metro FMR Area | $840 | $970 | $1,130 | $1,510 | $1,760 |
| 53555 | Madison, WI HUD Metro FMR Area | $840 | $970 | $1,130 | $1,570 | $1,760 |
| 53558 | Madison, WI HUD Metro FMR Area | $1,050 | $1,240 | $1,440 | $1,890 | $2,130 |
| 53559 | Madison, WI HUD Metro FMR Area | $870 | $1,020 | $1,190 | $1,560 | $1,760 |
| 53560 | Madison, WI HUD Metro FMR Area | $840 | $970 | $1,130 | $1,510 | $1,760 |
| 53562 | Madison, WI HUD Metro FMR Area | $1,000 | $1,180 | $1,370 | $1,800 | $2,030 |
| 53571 | Madison, WI HUD Metro FMR Area | $960 | $1,110 | $1,370 | $1,870 | $2,040 |
| 53572 | Madison, WI HUD Metro FMR Area | $940 | $1,110 | $1,290 | $1,690 | $1,910 |
| 53574 | Madison, WI HUD Metro FMR Area | $840 | $970 | $1,130 | $1,510 | $1,760 |
| 53575 | Madison, WI HUD Metro FMR Area | $840 | $990 | $1,150 | $1,510 | $1,760 |
| 53583 | Madison, WI HUD Metro FMR Area | $840 | $970 | $1,130 | $1,510 | $1,760 |
| 53589 | Madison, WI HUD Metro FMR Area | $880 | $1,040 | $1,210 | $1,590 | $1,790 |
| 53590 | Madison, WI HUD Metro FMR Area | $950 | $1,120 | $1,300 | $1,710 | $1,930 |
| 53593 | Madison, WI HUD Metro FMR Area | $1,120 | $1,310 | $1,530 | $2,010 | $2,270 |
| 53594 | Madison, WI HUD Metro FMR Area | $840 | $970 | $1,130 | $1,510 | $1,760 |
| 53597 | Madison, WI HUD Metro FMR Area | $940 | $1,110 | $1,290 | $1,690 | $1,910 |
| 53598 | Madison, WI HUD Metro FMR Area | $1,180 | $1,390 | $1,620 | $2,130 | $2,400 |
| 53701 | Madison, WI HUD Metro FMR Area | $1,010 | $1,180 | $1,380 | $1,810 | $2,040 |
| 53703 | Madison, WI HUD Metro FMR Area | $1,200 | $1,410 | $1,640 | $2,150 | $2,430 |
| 53704 | Madison, WI HUD Metro FMR Area | $960 | $1,130 | $1,320 | $1,730 | $1,960 |
| 53705 | Madison, WI HUD Metro FMR Area | $1,020 | $1,200 | $1,400 | $1,840 | $2,070 |
| 53706 | Madison, WI HUD Metro FMR Area | $1,190 | $1,400 | $1,630 | $2,140 | $2,420 |
| 53707 | Madison, WI HUD Metro FMR Area | $1,010 | $1,180 | $1,380 | $1,810 | $2,040 |
| 53708 | Madison, WI HUD Metro FMR Area | $1,010 | $1,180 | $1,380 | $1,810 | $2,040 |
| 53711 | Madison, WI HUD Metro FMR Area | $960 | $1,130 | $1,320 | $1,730 | $1,960 |
| 53713 | Madison, WI HUD Metro FMR Area | $910 | $1,060 | $1,240 | $1,630 | $1,840 |
| 53714 | Madison, WI HUD Metro FMR Area | $940 | $1,100 | $1,280 | $1,680 | $1,900 |
| 53715 | Madison, WI HUD Metro FMR Area | $1,290 | $1,510 | $1,760 | $2,310 | $2,610 |
| 53716 | Madison, WI HUD Metro FMR Area | $950 | $1,120 | $1,300 | $1,710 | $1,930 |
| 53717 | Madison, WI HUD Metro FMR Area | $1,070 | $1,250 | $1,460 | $1,920 | $2,160 |
| 53718 | Madison, WI HUD Metro FMR Area | $1,180 | $1,380 | $1,610 | $2,110 | $2,380 |
| 53719 | Madison, WI HUD Metro FMR Area | $1,150 | $1,360 | $1,580 | $2,080 | $2,340 |
| 53725 | Madison, WI HUD Metro FMR Area | $1,010 | $1,180 | $1,380 | $1,810 | $2,040 |
| 53726 | Madison, WI HUD Metro FMR Area | $1,130 | $1,330 | $1,550 | $2,040 | $2,300 |
| 53744 | Madison, WI HUD Metro FMR Area | $1,010 | $1,180 | $1,380 | $1,810 | $2,040 |
| 53792 | Madison, WI HUD Metro FMR Area | $1,010 | $1,180 | $1,380 | $1,810 | $2,040 |
| 53911 | Madison, WI HUD Metro FMR Area | $970 | $1,100 | $1,440 | $2,040 | $2,140 |
| 53925 | Madison, WI HUD Metro FMR Area | $840 | $970 | $1,130 | $1,510 | $1,760 |
| 53960 | Madison, WI HUD Metro FMR Area | $840 | $970 | $1,130 | $1,510 | $1,760 |
2022 Average & Median Rent Data Statistics
MADISON, WI average 1BR rent: $1,127, median: $1,110
MADISON, WI average 2BR rent: $1,322, median: $1,305
MADISON, WI average 3BR rent: $1,745, median: $1,710
MADISON, WI Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 7,095 | $2,812,545,000 | $396,412 |
| Refi | 3,922 | $879,770,000 | $224,317 |
| Other | 2,853 | $288,205,000 | $101,018 |
| Home Improvement | 2,566 | $208,540,000 | $81,270 |
| Cash Out Refi | 999 | $186,215,000 | $186,401 |
Madison's most frequently cited loan purpose was Home Purchase, with 7,095 originations. The 2nd most popular reason was Refi, with 3,922 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 3,941 | $1,395,595,000 | $354,122 |
| <2.5% | 3,669 | $373,625,000 | $101,833 |
| 7-8% | 2,481 | $841,535,000 | $339,192 |
| 5-6% | 2,112 | $950,460,000 | $450,028 |
| Over 8% | 1,567 | $194,595,000 | $124,183 |
| 3-4% | 1,273 | $142,445,000 | $111,897 |
| 4-5% | 1,168 | $173,130,000 | $148,228 |
| 2.5-3% | 474 | $47,220,000 | $99,620 |
During 2023, Madison's most frequently originated rate bucket was 6-7%, with 3,941 originations.
Loan Sizing (MADISON, WI MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 6,377 | $335,305,000 | $52,580 |
| $200k-400k | 4,987 | $1,450,475,000 | $290,851 |
| $100k-200k | 3,779 | $528,685,000 | $139,901 |
| $400k-600k | 1,564 | $742,590,000 | $474,802 |
| $600k-1000k | 535 | $385,045,000 | $719,710 |
| $Over $1MM | 193 | $933,175,000 | $4,835,104 |
MADISON's loan sizing saw the bucket of loans from $100,000 or less with 6,377 originations, totaling $335,305,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| Under 20% | 5,119 | $283,895,000 | $55,459 |
| 80-100% | 3,871 | $1,480,505,000 | $382,461 |
| 20-40% | 3,552 | $477,340,000 | $134,386 |
| 60-80% | 2,571 | $1,330,815,000 | $517,625 |
| 40-60% | 1,509 | $493,495,000 | $327,034 |
| Over 100% | 33 | $43,455,000 | $1,316,818 |
MADISON's loan sizing saw loans grouped in the Under 20% Loan-to-value bucket with 5,119 originations, totaling $283,895,000 in origination value.