Orchard Ridge, Madison, WI—53711
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Orchard Ridge, Madison, WI
As of Oct '25, the median home price in Orchard Ridge, Madison, WI is $493,000, with a year-over-year change of 3.5%. This indicates that home prices in Orchard Ridge, Madison, WI are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $493,000 | 3.5% |
| Single Family | $512,000 | 3.4% |
| Condos | $343,000 | -1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $290,000 | 8.2% |
2 Bed | $374,000 | 3.9% |
3 Bed | $466,000 | 3.6% |
4 Bed | $585,000 | 4.1% |
| 5 Bed | $682,000 | 3.5% |
% of Housing Stock
Rental Trends — Orchard Ridge, Madison, WI
As of July '25, Rentcast reports the average rent in Orchard Ridge, Madison, WI is $1,830, with a year-over-year rent change of -4.7%. Per bedroom, the median rent as of July '25 in Orchard Ridge, Madison, WI is studios: $1,260, 1-bedrooms: $1,520, 2-bedrooms: $1,790, 3-bedrooms: $2,570, 4-bedrooms: $2,850. The most common rental property sizes in Orchard Ridge, Madison, WI are 2-bedroom and 1-bedroom, accounting for 48.7% and 30.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,830 |
| Studio Rent | $1,300 | $1,260 |
| 1 Bed Rent | $1,500 | $1,520 |
| 2 Bed Rent | $1,650 | $1,790 |
| 3 Bed Rent | $2,580 | $2,570 |
| 4 Bed Rent | $2,600 | $2,850 |
% of Rental Stock
Property Listings — Orchard Ridge, Madison, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Orchard Ridge, Madison, WI is 51. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $452,000 | -5.0% |
Listing Count | 133 | 7.0% |
| Listings as % of Homes | 0.3% | 7.0% |
Days on Market | 51 | 16.0% |
Demographics — Orchard Ridge, Madison, WI
As of the latest ACS Survey released in 2023, Orchard Ridge, Madison, WI has a population of 50,500, which has increased by 1.6% over the past 5 years. Orchard Ridge, Madison, WI is a moderately popular place for families, as children make up 18.8% of the population. The area has a highly educated workforce, with 66.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 50,500 | 1.6% |
% Under 18 | 18.8% | -12.1% |
% Seniors | 18.6% | 24.0% |
% WFH | 17.2% | 244.0% |
% w/ College Degree | 66.0% | 6.8% |
As of the latest ACS Survey released in 2023, Orchard Ridge, Madison, WI is a predominantly white area, with 71.2% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Orchard Ridge, Madison, WI is hispanic, making up 10.8% of the population. Foreign-born residents account for 10.8% of the population in Orchard Ridge, Madison, WI, and this percentage has increased by 12.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 71.2% | -6.6% |
% Black | 6.2% | 6.9% |
% Hispanic | 10.8% | 13.7% |
% Asian | 7.4% | 48.0% |
% Foreign Born | 10.8% | 12.5% |
Mortgage and Risk — Orchard Ridge, Madison, WI
According to HUD data as of 2023, there were 1349 mortgage originations in Orchard Ridge, Madison, WI, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Orchard Ridge, Madison, WI. Investor activity is low, as 1.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,349 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Orchard Ridge, Madison, WI
As of 2024, the percent of homes in Orchard Ridge, Madison, WI under the Section 8 program is 5.9%. 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. In Orchard Ridge, Madison, WI, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 593 |
Total Units Section 8 | 531 |
% Rentals under Section 8 | 5.9% |
% Occupied Section 8 | 83.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$260 | $1,500 | $1,240 |
| 2 Bedroom | -$230 | $1,650 | $1,420 |
| 3 Bedroom | -$710 | $2,580 | $1,870 |
| 4 Bedroom | -$520 | $2,600 | $2,080 |
Affordability — Orchard Ridge, Madison, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $493,000 |
| Median Household Income | $101,000 |