Why Live in Madison Park
Madison Park in Seattle is an affluent suburb characterized by tree-lined streets and scenic views of Lake Washington. The neighborhood is home to many young, upper-middle-class professionals working in white-collar jobs, particularly in technology. Madison Park is located just 3 miles from the popular Capitol Hill area. The area features a diverse range of architectural styles, including colonial-revival houses with steep roofs, red brick chimneys, and log-cabin style ornaments, as well as Tudor and bungalow-style homes. Properties often include private docks and lakefront views, with mature conifers and grassy lawns adding to the neighborhood's charm.
Educational options in Madison Park are highly rated, with McGilvra Elementary School located within the neighborhood, Meany Middle School less than 2 miles away, and Garfield High School serving upper school students. Residents enjoy ample public greenspace, including athletic fields, playgrounds, and a swimming beach along Lake Washington. The Washington Park Arboretum, with its 230 acres of arbors and gardens, and Foster Island's nature preserve with walking trails, are popular local features.
East Madison Street is a hub for locally owned shops, restaurants, and businesses. Dining options include the Independent Pizzeria, Hanok Korean restaurant, and Scoop Du Jour for sweet treats. The neighborhood is well-connected with a public bus system and U.S. Route 520 running along its northern border. Lake Washington also offers boating opportunities, with many homes featuring private docks.
Frequently Asked Questions
Is Madison Park a good place to live?
Madison Park is a good place to live, receiving 3.8 stars from its residents. Madison Park is considered car-dependent and somewhat bikeable with some transit options. Madison Park has 6 parks for recreational activities. It is somewhat dense in population with 7.6 people per acre and a median age of 48. The average household income is $195,350 which is above the national average. College graduates make up 84.5% of residents. A majority of residents in Madison Park are home owners, with 42.5% of residents renting and 57.5% of residents owning their home. A
local real estate agent serving Madison Park can help you decide if this neighborhood is the right one for you. Learn more on our
Madison Park neighborhood guide.
Is Madison Park, WA a safe neighborhood?
Madison Park, WA 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 Madison Park?
The median home price in Madison Park is $445,700. If you put a 20% down payment of $89,100 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,310 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $99K a year to afford the median home price in Madison Park. The average household income in Madison Park is $195K.
What are the best public schools in Madison Park?
The best public schools that serve Madison Park are:
What are the best private schools in Madison Park?
The best private schools that serve Madison Park are:
- Epiphany School has an A+ Niche grade, a student teacher ratio of 7:1 and an average review score of 5.0.
- St Joseph School has an A+ Niche grade, a student teacher ratio of 12:1 and an average review score of 4.9.
- Assumption - St. Bridget School has an A+ Niche grade, a student teacher ratio of 17:1 and an average review score of 4.8.
What are the most popular zip codes in Madison Park, Seattle, WA?
What are the most popular neighborhoods near Madison Park, Seattle, WA?
Are home prices dropping in Madison Park?
Yes, home prices in Madison Park are down 8% in the last 12 months.
Home Trends in Madison Park, WA
On average, homes in Madison Park, Seattle sell after 73 days on the market compared to the national average of 70 days. The median sale price for homes in Madison Park, Seattle over the last 12 months is $408,000, down 8% from the median home sale price over the previous 12 months.
Median Sale Price
$408,000
Median Single Family Sale Price
$399,000
Median Townhouse Sale Price
$547,000
Median 2 Bedroom Sale Price
$599,900
Median 1 Bedroom Sale Price
$99,900
Average Price Per Sq Ft
$226
Number of Homes for Sale
12
Last 12 months Home Sales
85
Median List Price
$445,700
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-8%
