$638,393Average Value$435Average Price per Sq Ft19Homes For Sale
Prime shopping, lakeside life and college culture in Wisconsin’s capital
For up-and-coming college students, families or established professionals, Downtown Madison offers some of Wisconsin’s very best. Parked at the heart of the state capital, the city’s cultural center sits on the isthmus between Lake Mendota and Lake Monona. Locals in the area are close to the University of Wisconsin-Madison, the largest college in the state. Residents can enjoy an eclectic mix of shops, restaurants, bars and live entertainment in Downtown Madison, with most of the area’s top destinations accessible by bike or on foot. Easy access to the lakes through multiple local parks also makes Downtown Madison an ideal choice for boating and water sporting fans.
Downtown Madison is a bustling part of the state capitol.
Ice boat racing happens each winter on Monona Bay, and can be viewed from downtown.
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Spend the day out at State Street
The heart of Downtown Madison’s retail scene is State Street, which spans from Capitol Square to the east end of UW Madison’s campus. The corridor hosts more than 300 shopping options for college students and area residents alike, from major retailers like Target and DGX by Dollar General to local favorites like Jazzman & Duet and B-Side Records. Acclaimed dining choices close by include Paul’s Pel’meni for Russian dumplings, Sookie’s Veggie Burgers for vegan meals, and Rare Steakhouse for upscale American fare and fine wine. Milwaukee espresso bar Colectivo Coffee operates two stores in the area near State Street and Capitol Square. Locals can also find Fromagination near the capital, an artisanal Wisconsin cheese store with house-made sandwiches and supplies for the perfect charcuterie board.
Colectivo Coffee is a staple of the campus in Downtown Madison.
The shopping district of Downtown Madison is home to dozens of local businesses.
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Luxurious condos, 20th century homes and contemporary townhouses
Buyers can find a small but varied selection of homes in Downtown Madison. Many of the area’s remaining turn-of-the-century homes have been converted into multi-family units, though eagle-eyed investors may be able to find a grand home in the area. Condo towers and townhomes are common, and units tend to sell after less than a month on the market. Prices range from about $200,000 for a one-bedroom condo unit to more than $1 million for the area’s most luxurious penthouses. Most living spaces in the heart of the city are rentals, with only 6% of residents in the area owning their home or condo.
Some larger historic houses also exist in Downtown Madison.
Townhouses and condos are some of the most common owner-dwellings in Downtown Madison.
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Downtown Madison after dark
Locals living near the Isthmus in Madison have access to a variety of live shows, from concerts and comedy to contemporary dance and musicals. Venues nearby include the Orpheum Theater, the Majestic Theatre, the Overture Center and Comedy on State. They can also enjoy nights out at the area’s vibrant bar scene, with popular spots including Wando’s, a collegiate bar with five nights of drink specials and live DJs, and Great Dane Pub & Brewing, a popular local chain of bars that started in downtown Madison. Fans of UW Madison’s sports teams can catch Badgers basketball and hockey games at the Kohl Center.
High Noon Saloon in Downtown Madison offers a variety of live entertainment and music.
Downtown Madison also has a selection of pubs and cocktail bars.
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Boating and water-skiing to one of Madison’s major lakes
Alumni Park connects UW-Madison’s campus to Lake Mendota near Langdon Street, offering a pier for boating excursions, ample greenspace, multiple exhibits celebrating the university’s history and a Bucky Badger statue made by combining bronze with stained glass. To the east near Gorham Street, James Madison Park offers a playground and an open area for residents to enjoy yoga, soccer or picnics. In the summertime, residents can stop by Law Park to watch the Mad-City Ski Team’s award-winning water-skiing routines on Lake Monona. Downtown Madison residents are also close to multiple cultural centers, including the Chazen Museum of Art, the Madison Museum of Contemporary Art, the Geology Museum, and the Madison Children’s Museum.
Locals gather near Brittingham Park for ice fishing in Downtown Madison.
Enjoy the sunset views from the lake at Brittingham Park in Downtown Madison.
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Connected to the city through US-151
Downtown Madison connects to the city’s east and west sides through the US-151 highway, which runs along the south side of the Isthmus near Capitol Square. Residents can travel to spots throughout the Isthmus area with the city’s Metro Transit system buses. The nearest hospital, UnityPoint Health – Meriter Hospital, is less than 1 mile away in the Greenbush area. Residents traveling away from Madison can catch flights from Dane County Regional Airport, 5 miles northeast of the neighborhood.
Downtown Madison is a vibrant neighborhood full of life and activity.
Multiple Metro buses run along State Street in Downtown Madison, making commuting a breeze.
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Study time at Madison Metropolitan Schools
Grade school students in Downtown Madison attend schools in the Madison Metropolitan School District. Randall Elementary School has a student-teacher ratio of 13:1 and holds an A rank on Niche. Hamilton Middle School also earned an A grade. More than 2,000 adolescent students attend West High School, which has a 91% graduation rate and also earned an A grade with Niche users.
Entrance to Edgewood High School with signage
The entrance and signage for Madison East High School in Emerson East.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
On average, homes in Downtown Madison, Madison sell after 37 days on the market compared to the national average of 52 days. The median sale price for homes in Downtown Madison, Madison over the last 12 months is $489,900, down 7% from the median home sale price over the previous 12 months.
Charming one bedroom condo in one of the most sought after locations in the area. Imagine only having to walk one block for Concerts on the Square & the Farmers’ Market and walk home after with no traffic. This is how it feels to live the heart of downtown Madison. Unit features open concept layout w/stainless steel appliances, breakfast bar, hardwood floors. Also offers same floor laundry &
Experience the pinnacle of downtown living just steps from Capitol Square in this sophisticated Capitol Point condominium. Enjoy premium amenities, including concierge service and a stunning 7th-floor terrace overlooking the Capitol—perfect for entertaining or taking in Concerts on the Square. Step outside to the vibrant energy of the farmers’ market, Overture Center, and top-tier dining options.
Exceptional investment opportunity in Madison’s coveted Mansion Hill. This 7-unit apartment building features original hardwood floors, balconies, and thoughtfully designed layouts. Located steps from UW-Madison, the State Capitol, and Lake Mendota, it offers strong tenant demand and low vacancies in a high-growth rental market. Current below-market rents offer immediate cash flow with
Enjoy upscale downtown living in this 1-bedroom, 1-bath condo at Capitol West! Kitchen features bright maple floors/cabinets, laminate countertops and Stainless steel appliances including Bosch dishwasher. Living room features high ceilings w/ big windows that allow beautiful natural light in. Sleek bath w/ Washer/Dryer in unit and tub/shower combo. Building amenities include a fitness center,
Ascending above East Washington Avenue just two blocks from the Capitol, The Continental is a precision blend of classical beauty, modern luxury, and extraordinary views for a downtown life that rises above expectations and lives beyond the status quo. The Continental and its floor plans were crafted with one purpose in mind: to provide a living experience that rises to your tastes and elevates
Stunning downtown condo w/ breathtaking views just 1 block from the Square & steps from the lake. High-end modern finishes, soaring 10-foot ceilings + oversized windows that fill open-concept space w/natural light. Thoughtfuly designed, condo offers 2 bd/2 ba, including a spacious primary suite w/custom closet system, walk-in tiled shower, double vanity + integrated smart screen. Chef’s kitchen
Welcome to Virtue, a brand-new stunning apartment complex located in the heart of downtown Madison. This state-of-the-art building offers residents a perfect blend of modern amenities and urban living, with vibrant shops, restaurants, and the State Capitol just a short walk away. Enjoy spacious, light-filled interiors featuring high-end finishes and stylish designs that create a welcoming
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.