Explore Monona
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Why Live in Monona
Monona, Wisconsin, is a vibrant community situated on the shores of Lake Monona, offering a unique blend of lakeside living and suburban charm. Known for its friendly atmosphere, Monona boasts over four miles of lake shoreline and more than 330 acres of park space, including the popular Schluter Beach and Winnequah Park, which features a castle-like play area and a community center. Residents enjoy a variety of things to do, from casual concerts to the lively Monona Community Festival. The Monona Grove School District serves the area, with highly rated schools such as Winnequah School and Monona Grove High School, known for its strong STEM program. Housing options range from modest 1960s ramblers to grand lakefront homes, with streets lined by century-old oak trees. The commercial district along Monona Drive offers dining options like Salvatore’s Tomato Pies and Waypoint Public House, alongside popular chains. While local buses are available, most residents rely on cars for transportation, with Routes 51 and 18 providing access to the greater Madison area. Downtown Madison is approximately 7 miles away, visible across the lake. Flood risks are noted near Winnequah Park due to a nearby canal.
Home Prices in Monona, WI
The median home sale price in Monona, WI is $456,500, consistent with the median home sale price year-over-year. Homes in Monona sell in 39 days on average, compared to the national average of 56 days.
Home Price Trends
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Median Sale Price
$456,500
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Median Single Family Sale Price
$467,000
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Median 2 Bedroom Sale Price
$377,500
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Median 1 Bedroom Sale Price
$231,000
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Average Price Per Sq Ft
$304
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Number of Homes for Sale
12
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Last 12 months Home Sales
90
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Months of Supply
1.60
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Median List Price
$474,900
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Median Change From 1st List Price
1%
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Median Home Sale Price YoY Change
0%
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