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Capitol, Madison, WI—53703

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$423,000
3.9% YoY Growth
Household Income
$46,600
18.4% YoY Growth
Days on Market
82
17.0% Shorter YoY
Home Price Forecast
1.5%
Median Rent
$1,950
34.2% YoY Growth
1-Bed Rent
$1,900
59.5% YoY Growth
2-Bed Rent
$3,180
61.5% YoY Growth
3-Bed Rent
$2,100
7.1% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Capitol, Madison, WI

As of Dec '25, the median home price in Capitol, Madison, WI is $423,000, with a year-over-year change of -3.9%. This indicates that home prices in Capitol, Madison, WI are decreasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$423,000-3.9%
Single Family $555,0001.6%
Condos $334,000-4.8%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $355,000
    5.0%
    2 Bed
    		$516,0004.5%
    3 Bed
    		$568,0005.2%
    4 Bed
    		$626,0004.0%
    5 Bed $770,5882.6%
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    % of Housing Stock

    Studio
    18.8%
    1 Bedroom
    31.8%
    2 Bedrooms
    27.0%
    3 Bedrooms
    12.3%
    4 Bedrooms
    8.1%
    5+ Bedrooms
    2.1%

    Rental Trends — Capitol, Madison, WI

    As of July '25, Rentcast reports the average rent in Capitol, Madison, WI is $2,080, with a year-over-year rent change of 34.2%. Per bedroom, the median rent as of July '25 in Capitol, Madison, WI is studios: $1,420, 1-bedrooms: $1,850, 2-bedrooms: $2,730, 3-bedrooms: $2,270, 4-bedrooms: $2,840. The most common rental property sizes in Capitol, Madison, WI are 1-bedroom and 2-bedroom, accounting for 34.8% and 24.7% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,950$2,080
    Studio Rent $1,480$1,420
    1 Bed Rent $1,900$1,850
    2 Bed Rent $3,180$2,730
    3 Bed Rent $2,100$2,270
    4 Bed Rent $2,800$2,840
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    % of Rental Stock

    Studio
    21.6%
    1 Bedroom
    34.8%
    2 Bedrooms
    24.7%
    3 Bedrooms
    9.3%
    4 Bedrooms
    7.5%
    5+ Bedrooms
    2.0%

    Property Listings — Capitol, Madison, WI

    As of Dec '25, Realtor.com reports that the median days on market for a home in Capitol, Madison, WI is 73. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$385,000-40.0%
    Listing Count
    		25-6.0%
    Listings as % of Homes0.1%-6.0%
    Days on Market
    		82-17.0%
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    Demographics — Capitol, Madison, WI

    As of the latest ACS Survey released in 2023, Capitol, Madison, WI has a population of 37,500, which has increased by 12.0% over the past 5 years. Capitol, Madison, WI is a less popular place for families, as children make up 2.6% of the population. The area has a highly educated workforce, with 69.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		37,50012.0%
    % Under 18
    		2.6%-3.7%
    % Seniors
    		6.3%34.0%
    % WFH
    		16.2%326.3%
    % w/ College Degree
    		69.4%-1.8%
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    As of the latest ACS Survey released in 2023, Capitol, Madison, WI is a predominantly white area, with 79.1% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Capitol, Madison, WI is asian, making up 8.5% of the population. Foreign-born residents account for 8.8% of the population in Capitol, Madison, WI, and this percentage has increased by 3.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		79.1%-5.2%
    % Black
    		3.6%20.0%
    % Hispanic
    		5.2%13.0%
    % Asian
    		8.5%26.9%
    % Foreign Born
    		8.8%3.5%
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    Mortgage and Risk — Capitol, Madison, WI

    According to HUD data as of 2023, there were 247 mortgage originations in Capitol, Madison, WI, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Capitol, Madison, WI. Investor activity is low, as 9.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		247
    % Conventional Loans
    		98.0%
    % Government Loans
    		2.0%
    % Investor Loans
    		9.0%
    % Second Loans
    		4.0%
    % Cash Out Refinance
    		2.0%
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    Rentals and Section 8 — Capitol, Madison, WI

    As of 2024, the percent of homes in Capitol, Madison, WI under the Section 8 program is 2.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Capitol, Madison, WI, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		438
    Total Units Section 8
    		386
    % Rentals under Section 8
    		2.2%
    % Occupied Section 8
    		88.7%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$370$1,900$1,530
    2 Bedroom-$1,420$3,180$1,760
    3 Bedroom$210$2,100$2,310
    4 Bedroom-$220$2,800$2,580

    Affordability — Capitol, Madison, WI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio9.3
    Median Home Price$423,000
    Median Household Income$46,600

    Capitol, Madison, WI — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Greenbush, Madison, WI

    53715

    Madison, WI

    53706

    Bram’s Addition, Madison, WI

    53713

    Regent, Madison, WI

    53726

    Sherman, Madison, WI

    53704

    Frequently Asked Questions