53716 Real Estate Market Overview

Could Madison, WI 53716 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 53716. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 53716 such as Fitchb...urg and Verona. When you’re ready, Trulia has 72 resale and new homes in 53716 lined up for you, including 1 open house, and 15 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$270,750

Median Sales Price

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$208

Price Per Sqft

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$1,550

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 53716 show a 13% year-over-year rise in median sales price and a -1% drop in median rent per month.

Median Sales Price
The median sales price for homes in 53716 for May 25 to Aug 24 was $270,750 based on 54 home sales.
Price Per Square Ft.
Average price per square foot for 53716 was $208, an increase of 24% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 53716 for Jul 25 to Aug 25 was $1,550.

Crime

Most frequent crimes in the past year

53716 has very low crime relative to the rest of Dane County.

Knowing more about crime activity in 53716 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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320

Counts of Theft

271

Counts of Assault

200

Counts of Traffic


Best Schools in 53716

There are 10 schools in 53716.

Elementary Schools
7

Elvehjem Elementary School

Public, PK - 5

7

Winnequah School

Public, K - 5

3

Nuestro Mundo

Public, K - 5

Middle Schools
3

Sennett Middle School

Public, 6 - 8

High Schools
8

Monona Grove High School

Public, 9 - 12

3

Lafollette High School

Public, 9 - 12

N/A

Monona Grove Liberal Arts Charter School For The 21st Century

Public, 10 - 12


Demographics

Get to know your neighbors in 53716 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
41%
Single residents
Home owners
82%
Home owners
Median age
44
Median age
Household income
$56,952
Median household income
College educated
45%
College educated

Commute

Most people in 53716 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
94% commute by car
2% commute by bike
3% commute by public transportation
0% commute by foot

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