Why Live in Meadowood
Meadowood, located in Madison, is a neighborhood characterized by single-story ranch-style homes built in the 1960s and ‘70s, with some midcentury modern touches. These homes typically feature attached two-car garages and spacious lawns shaded by mature trees. The neighborhood also includes a few split-level and two-story homes, as well as brick apartment complexes on Balsam Road. Meadowood Park serves as a central hub for community activities, offering a playground and basketball court, while Elver Park, just a mile west, provides more extensive amenities like a disc golf course and splash pad. The Meadowridge Library, within walking distance, hosts various community events and classes. Residents can shop for groceries at nearby Hy-Vee, Aldi, or Target, and enjoy local dining options such as Quivey’s Grove, Pancake Café, and Flying Hound Alehouse, which features a rotating selection of drafts. The neighborhood is approximately 6 miles from Downtown Madison, making for a 15- to 20-minute commute by car, with Metro Transit bus stops along Raymond Road providing additional transportation options. Meadowood is home to Memorial High, a highly rated school, and is served by Orchard Ridge Elementary, Huegel Elementary, and Toki Middle, all of which have decent ratings. The area is safer than the national average, contributing to its appeal for families and individuals alike.
Frequently Asked Questions
Is Meadowood a good place to live?
Meadowood is a good place to live. Meadowood is considered car-dependent and very bikeable with some transit options. Meadowood has 7 parks for recreational activities. It is somewhat dense in population with 6.5 people per acre and a median age of 37. The average household income is $95,664 which is below the national average. College graduates make up 44.5% of residents. A majority of residents in Meadowood are home owners, with 31.4% of residents renting and 68.6% of residents owning their home. A
local real estate agent serving Meadowood can help you decide if this neighborhood is the right one for you. Learn more on our
Meadowood neighborhood guide.
Is Meadowood, WI a safe neighborhood?
Meadowood, WI is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Meadowood?
The median home price in Meadowood is $737,207. If you put a 20% down payment of $147,400 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $3,820 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $164K a year to afford the median home price in Meadowood. The average household income in Meadowood is $96K.
What are the best public schools in Meadowood?
The best public schools that serve Meadowood are:
What are the best private schools in Meadowood?
The best private schools that serve Meadowood are:
What are the most popular zip codes in Meadowood, Madison, WI?
What are the most popular neighborhoods near Meadowood, Madison, WI?
Home Trends in Meadowood, WI
On average, homes in Meadowood, Madison sell after 204 days on the market compared to the national average of 70 days. The median sale price for homes in Meadowood, Madison over the last 12 months is $737,207, up 76% from the median home sale price over the previous 12 months.
Median Sale Price
$737,207
Median Single Family Sale Price
$737,207
Median Townhouse Sale Price
$349,700
Average Price Per Sq Ft
$371
Number of Homes for Sale
1
Last 12 months Home Sales
13
Median List Price
$737,207
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
76%