Why Live in Lerdahl Park
Lerdahl Park, a waterfront neighborhood in Madison, is centered around the green space of the same name and offers a mix of recreational activities and quality housing. The neighborhood features a crescent of homes with private docks along Lake Mendota, and winding residential streets between the water and Troy Drive. Warner Park Beach and Governor’s Island are nearby, providing additional outdoor options. The area is walkable with sidewalks, cul-de-sacs, and shade trees, creating a quiet, suburban feel. Housing styles include three-bedroom ranch-style homes, Dutch Colonials, and larger craftsman builds, with many homes featuring sizable lawns and gardens. Residents enjoy various things to do, such as visiting Warner Park for beach activities, boating, kayaking, and picnicking. The Troy Community Gardens offer a space for locals to grow their own food, while Lerdahl Community Park provides open green space and basketball hoops. Dining options include Murphy’s Bar & Restaurant with beach volleyball courts, Kingdom Restaurant serving African fare, and Beef Butter BBQ with smoked meats. Mariner’s Cove offers upscale dining. Retail and grocery needs are met by the nearby Willy Street Co-Op, Pick n Save, and Hy-Vee, with East Towne Mall providing additional shopping opportunities. Students attend East High School, which has a high rating and a new performing arts auditorium.
Frequently Asked Questions
Is Lerdahl Park a good place to live?
Lerdahl Park is a good place to live. Lerdahl Park is considered very car-dependent and somewhat bikeable with some transit options. Lerdahl Park is a suburban neighborhood. Lerdahl Park has 6 parks for recreational activities. It is somewhat dense in population with 8.2 people per acre and a median age of 48. The average household income is $110,827 which is above the national average. College graduates make up 53.1% of residents. A majority of residents in Lerdahl Park are home owners, with 23.1% of residents renting and 76.9% of residents owning their home. A
local real estate agent serving Lerdahl Park can help you decide if this neighborhood is the right one for you. Learn more on our
Lerdahl Park neighborhood guide.
How much do you need to make to afford a house in Lerdahl Park?
The median home price in Lerdahl Park is $439,000. If you put a 20% down payment of $87,800 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $2,230 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $96K a year to afford the median home price in Lerdahl Park. The average household income in Lerdahl Park is $111K.
What are the best public schools in Lerdahl Park?
The best public schools that serve Lerdahl Park are:
What are the best private schools in Lerdahl Park?
The best private schools that serve Lerdahl Park are:
What are the most popular zip codes in Lerdahl Park, Madison, WI?
What are the most popular neighborhoods near Lerdahl Park, Madison, WI?
Home Trends in Lerdahl Park, WI
On average, homes in Lerdahl Park, Madison sell after 20 days on the market compared to the national average of 52 days. The median sale price for homes in Lerdahl Park, Madison over the last 12 months is $450,000, down 15% from the median home sale price over the previous 12 months.
Median Sale Price
$450,000
Median Single Family Sale Price
$450,000
Average Price Per Sq Ft
$303
Number of Homes for Sale
1
Last 12 months Home Sales
6
Median List Price
$439,000
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
-15%