318 Lance Ln, Madison, WI 53716
OFF MARKET

$482,800

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 1,962 sqft

318 Lance Ln, Madison, WI 53716

Lake Edge
Est. Refi. Payment $3,276/mo*
Refinance Your Home

Home Value

Trulia Estimate
$483K
Since last month
Decreased$12K (-2.3%)
Since last year
Decreased$7K (-1.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +90% in the last 10 years
MonthEstimated value
2026
September 2026$482K
August 2026$493K
July 2026$494K
June 2026$504K
May 2026$501K
April 2026$507K
March 2026$500K
February 2026$482K
January 2026$475K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.14
Single-Family Home
$630,000
05/22/26
3
2
2,039
0.38
Single-Family Home
$658,800
07/20/26
3
3
2,182
0.33
Single-Family Home
$347,200
05/28/26
4
2
1,537
0.22
Single-Family Home
$375,000
10/14/25
3
2
1,292
0.20
Single-Family Home
$551,000
11/04/25
4
2
2,378
0.36
Single-Family Home
$390,000
06/15/26
3
1.5
1,644
0.37
Single-Family Home
$520,000
06/01/26
3
2
2,474
0.44
Single-Family Home
$515,000
05/27/26
3
2
1,778
0.36
Single-Family Home
$410,000
08/24/26
4
1.5
1,817
0.42
Single-Family Home
$425,000
05/25/26
3
1.5
1,923

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.06
$379,000
3
1
912
Off Market
0.08
$432,000
3
2
1,380
Recently Sold
0.11
$414,000
2
2
1,186
Off Market
0.15
$449,500
3
2
1,915
Off Market
0.13
$439,100
3
1.5
1,432
Off Market
0.14
$630,000
3
2
2,039
Recently Sold
0.20
$569,300
4
2
2,378
Off Market
0.18
$450,000
3
2
1,867
For Sale
0.18
$426,600
3
2
1,417
Off Market
0.23
$439,000
3
2
1,359
Off Market
0.23
$295,000
2
1
1,150
Recently Sold
0.22
$387,500
3
2
1,292
Off Market

Local Information

  • Map ViewExplore the area around 318 Lance Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1976
1,962 sqft
$246/sqft
Garage

About this House

This single-family home is located at 318 Lance Ln, Madison, WI. 318 Lance Ln is in the Lake Edge neighborhood in Madison, WI and in ZIP code 53716. This property has 4 bedrooms, 3 bathrooms and approximately 1,962 sqft of floor space. This property has a lot size of 8700 sqft and was built in 1976.
318 Lance Ln, Madison, WI 53716 is a 4 bedroom, 3 bathroom, 1,962 sqft single-family home in Lake Edge, built in 1976. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $482,800, with a rent estimate of $2,919/month.

Home Details for 318 Lance Ln

Interior Features

Interior Details
BasementTypes of Rooms: Family Room
Levels, Entrance, & Accessibility
Stories: 2
Heating & Cooling
Cooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1976Year Updated: 1987
Property Type / Style
Property Type: Single Family HomeArchitecture: Modern

Community

Units in Building: 1

Lot Information

Lot Area: 8700 sqft

Price and Tax history

YearProperty taxTax assessment
2024
$9,451
$482,800
Home facts updated by county records

Market trends in Madison

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$429K
$2.5K
MoM
Sale-to-List Price
101.6%
0.9%
MoM
Price per sq ft
$259
$7
MoM
Available listings
551
5
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Lake Edge

At least 15 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say parking is easy

  • 88 % Say car is needed

  • 74 % Say there's wildlife

  • 68 % Say there's holiday spirit

  • 65 % Say neighbors are friendly

  • 65 % Say it's quiet

  • 65 % Say people would walk alone at night

  • 65 % Say kids play outside

  • 63 % Say it's walkable to restaurants

  • 61 % Say yards are well-kept

  • 48 % Say there are sidewalks

  • 37 % Say there are community events

  • 30 % Say they plan to stay for at least 5 years

  • 27 % Say streets are well-lit

  • 26 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • am
    "Close to Olbrich Park and Michael's Frozen Custard! Easy access to Stoughton Road and Monona Drive. Bus route stops within 2 blocks of this location. City bike trials within 1/2 mile. East side YMCA 2 blocks away. Wonderful coffee shop (Java Cat) down the street :) "

LGBTQ Local Legal Protections

Frequently asked questions about 318 Lance Ln

  • What is 318 Lance Ln estimated to be worth?
    Trulia's estimated value for 318 Lance Ln in Madison, WI is $482,800.
  • Is Madison a buyer's or seller's market?
    Madison is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Madison?
    The median sale price in Madison is $429K. That is up $2.5K from the prior month.
  • What do residents say about the Lake Edge neighborhood?
    Residents describe the Lake Edge neighborhood in Madison, WI as dog-friendly, easy to park in, and neighborly. Most residents say you need a car. See recently sold homes in Lake Edge, Madison.
  • Does 318 Lance Ln have air conditioning?
    Yes, 318 Lance Ln in Madison, WI has air conditioning.
  • How big is the lot at 318 Lance Ln?
    The lot at 318 Lance Ln in Madison, WI is about 0.20 acres (8,700 sq ft).

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