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Hiestand Home for Sale

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    $550,000

    • 3,262 Sq Ft

    5201 Trafalger Place, Madison, WI 53714

    Exceptional investment opportunity! A well-maintained side-by-side duplex offering immediate income potential and long-term flexibility. Whether you're an experienced investor looking to expand your portfolio or an owner-occupant interested in offsetting your mortgage with rental income, this property checks all the boxes. Major exterior improvements have already been completed, including a

    Tiffany Malone Compass Real Estate Wisconsin

    5201 Trafalger Place, Madison, WI 53714

Why Live in Hiestand

Madison’s Hiestand features a variety of single-family homes along wide, tree-lined streets. The neighborhood is characterized by ranch-style and split-level homes from the 1970s and ‘80s, with some Colonial Revivals. Residents enjoy living close to Hiestand Park, which is known for its disc golf course and forested paths, where wildlife like hawks and sandhill cranes can be spotted. Less than 2 miles away, Honeysuckle Park has a playground with interactive activities. Lake Monona is nearby, and it offers opportunities for biking, hiking and canoeing. Dining options include La Pollera Colombiana, which serves traditional dishes in a lively atmosphere, and the Cottage Café, which is popular for breakfast. Grocery shopping is convenient at Woodman’s Food Center, with additional shopping available at East Towne Mall, less than 3 miles away. Hiestand is about 6 miles northeast of downtown Madison and offers easy access to major highways and public transportation. The Madison Metropolitan School District serves the area and offers a range of athletic teams and AP courses.

Hiestand Home Prices vs. Nearby Madison, WI Neighborhoods

Hiestand Ridgewood Carpenter-Ridgeway Greater Sandburg
Median Home Price
$367,500
$399,900
$354,900
$350,000
Median Sale Price
$372,500
+6% YoY
$392,500
-3% YoY
$370,000
+13% YoY
$350,000
+3% YoY
Median Single Family Price
$381,450
$407,500
$370,000
$394,450
Median Condo Price
$190,750
$250,000
$336,500
$175,000
Total Active Listings
1 listings
8 listings
2 listings
4 listings
Market Conditions
1 Month of Supply
Seller's Market
3 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market
1 Month of Supply
Seller's Market

Frequently Asked Questions

Is Hiestand a good place to live?
Hiestand is a good place to live. Hiestand is considered car-dependent and bikeable with some transit options. Hiestand is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Hiestand has 6 parks for recreational activities. It is somewhat dense in population with 7.0 people per acre and a median age of 35. The average household income is $65,070 which is below the national average. College graduates make up 30% of residents. A majority of residents in Hiestand are renters, with 71% of residents renting and 29% of residents owning their home. A local real estate agent serving Hiestand can help you decide if this neighborhood is the right one for you. Learn more on our Hiestand neighborhood guide.
Is Hiestand, WI a safe neighborhood?
Hiestand, WI is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Hiestand?
The median home price in Hiestand is $367,500. If you put a 20% down payment of $73,500 and had a 30-year fixed mortgage with an interest rate of 6.65%, your estimated principal and interest payment would be $1,890 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $81K a year to afford the median home price in Hiestand. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Hiestand is $65K.
What are the best public schools in Hiestand?
The best public schools that serve Hiestand are:
What are the best private schools in Hiestand?
The best private schools that serve Hiestand are:
What are the most popular zip codes in Hiestand, Madison, WI?
The most popular zip codes in Hiestand, Madison, WI include 53714, 53704, 53718, 53716 and 53703.
What are the most popular neighborhoods near Hiestand, Madison, WI?
The most popular neighborhoods near Hiestand, Madison, WI are Rolling Meadows, Ridgewood, East Madison, Eastmorland and Elvehjem.
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