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.
Home Trends in Madison Park, WA
On average, homes in Madison Park, Seattle sell after 41 days on the market compared to the national average of 51 days. The median sale price for homes in Madison Park, Seattle over the last 12 months is $2,175,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$2,175,000
Median Single Family Sale Price
$2,757,500
Median Townhouse Sale Price
$1,024,250
Median 2 Bedroom Sale Price
$881,000
Median 1 Bedroom Sale Price
$462,500
Average Price Per Sq Ft
$915
Number of Homes for Sale
12
Last 12 months Home Sales
79
Median List Price
$2,200,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
4%