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Market Snapshot
As the capital of Wisconsin, Madison's population of over 250,000 inhabitants makes it the second largest city in the state. Known for its lakes, libraries, cafes, restaurants, and extensive network of parks and bike trails, Madison is a pretty and active city. You will also find great food and relaxation. The well-known University of Wisconsin is located in Madison, bringing in vital youthfulness and liveliness to the city.
A strong economy is bolstered by the University of Wisconsin and state government. These employers bring in a stable influx of educated workers and flowing dollars. The low unemployment rates are another perk. Madison has received high rankings as a best place to live in the United States by Money magazine and one of the "Top 25 Most Uniquely American Cities and Towns."
There is no lack of fun to be found with the many festivals and cultural events, such as the Wisconsin Film Festival, the Waterfront Festival, the Atwood Summerfest, the Isthmus Jazz Festival, and the Art Fair. A thriving art scene features the Madison Museum of Contemporary Art and the Chazen Museum of Art. Stay active in the extensive park and bike trail system. Madison is a truly amazing place to settle down.
With several new home developments throughout this new home market, you can find the perfect fit for your family near great schools, services and commuter routes. Exteriors take inspiration from Craftsman, contemporary and farmhouse designs to name a few. Popular features include kitchens well-equipped with granite countertops, storage and spacious islands. Pamper yourself in a master suite with large closet and soaker tubs. Open and airy layouts allow you to entertain or relax with ease. Under a short timeline? Give serious thought to the many beautiful new floor plans for a quick move in quick delivery homes in Madison.
Overview: New Construction in Madison, WI
Here is a quick overview of what the new construction market currently looks like in Madison.
| Metro Area | Madison |
| State | Wisconsin |
| No. of Communities | 9 |
| No. of New Homes For Sale | 62 |
| No. of Homes Under Construction | 58 |
| Starting Price | $334,900 |
| Average Price | $513,422 |
| Price Per Square Foot | $243 |
| No. of Builders | 5 |
| Builders in Madison |
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Customizable Options in Madison
| Floor Plans Available | 33 |
| Bedroom Count | 2 to 4 |
| Bathroom Count | 2 to 3 |
| Square Footage Range | 1,202 to 2,907 sq/ft. |