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  1. Home
  2. /Browse ZIP Codes
  3. /Wisconsin
  4. /Madison
  5. /Bram’s Addition, Madison, WI - 53713

Bram’s Addition, Madison, WI—53713

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$366,000
0.2% YoY Growth
Household Income
$57,800
37.4% YoY Growth
Days on Market
47
70.0% Shorter YoY
Home Price Forecast
1.8%
Median Rent
$1,420
17.8% YoY Growth
1-Bed Rent
$1,200
13.6% YoY Growth
2-Bed Rent
$1,400
13.5% YoY Growth
3-Bed Rent
$1,800
1.1% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Bram’s Addition, Madison, WI

As of May '26, the median home price in Bram?s Addition, Madison, WI is $366,000, with a year-over-year change of 0.2%. This indicates that home prices in Bram?s Addition, Madison, WI are flat. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$366,0000.2%
Single Family $414,0001.2%
Condos $223,000-4.7%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$234,0000.0%
    3 Bed
    		$396,0001.0%
    4 Bed
    		$518,0004.2%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    4.3%
    1 Bedroom
    26.5%
    2 Bedrooms
    35.7%
    3 Bedrooms
    26.4%
    4 Bedrooms
    6.2%
    5+ Bedrooms
    0.9%

    Rental Trends — Bram’s Addition, Madison, WI

    As of July '25, Rentcast reports the average rent in Bram?s Addition, Madison, WI is $1,590, with a year-over-year rent change of 17.8%. Per bedroom, the median rent as of July '25 in Bram?s Addition, Madison, WI is studios: $1,300, 1-bedrooms: $1,250, 2-bedrooms: $1,430, 3-bedrooms: $1,820, 4-bedrooms: $3,060. The most common rental property sizes in Bram?s Addition, Madison, WI are 2-bedroom and 1-bedroom, accounting for 41.8% and 37.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,420$1,590
    Studio Rent $1,300$1,300
    1 Bed Rent $1,200$1,250
    2 Bed Rent $1,400$1,430
    3 Bed Rent $1,800$1,820
    4 Bed Rent $2,700$3,060
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    % of Rental Stock

    Studio
    5.3%
    1 Bedroom
    37.2%
    2 Bedrooms
    41.8%
    3 Bedrooms
    13.8%
    4 Bedrooms
    1.7%
    5+ Bedrooms
    0.2%

    Property Listings — Bram’s Addition, Madison, WI

    As of May '26, Realtor.com reports that the median days on market for a home in Bram?s Addition, Madison, WI is 47. This is a decrease of -70.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$280,000-25.0%
    Listing Count
    		28-37.0%
    Listings as % of Homes0.1%-37.0%
    Days on Market
    		47-70.0%
    Loading chart...

    Demographics — Bram’s Addition, Madison, WI

    As of the latest ACS Survey released in 2023, Bram?s Addition, Madison, WI has a population of 23,700, which has increased by 3.1% over the past 5 years. Bram?s Addition, Madison, WI is a moderately popular place for families, as children make up 21.7% of the population. The area has a moderately educated workforce, with 39.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		23,7003.1%
    % Under 18
    		21.7%-16.5%
    % Seniors
    		9.6%37.1%
    % WFH
    		13.5%575.0%
    % w/ College Degree
    		39.3%25.2%
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    As of the latest ACS Survey released in 2023, Bram?s Addition, Madison, WI is a predominantly white area, with 44.7% of the population identifying as white. The white population has shrunk by 10.1% in the last 5 years. The second most common race or ethnicity in Bram?s Addition, Madison, WI is hispanic, making up 32.7% of the population. Foreign-born residents account for 20.8% of the population in Bram?s Addition, Madison, WI, and this percentage has increased by 18.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		44.7%-10.1%
    % Black
    		13.9%-7.9%
    % Hispanic
    		32.7%44.1%
    % Asian
    		2.6%-70.1%
    % Foreign Born
    		20.8%18.2%
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    Mortgage and Risk — Bram’s Addition, Madison, WI

    According to HUD data as of 2023, there were 284 mortgage originations in Bram?s Addition, Madison, WI, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Bram?s Addition, Madison, WI. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		284
    % Conventional Loans
    		95.0%
    % Government Loans
    		5.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		7.0%
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    Rentals and Section 8 — Bram’s Addition, Madison, WI

    As of 2024, the percent of homes in Bram?s Addition, Madison, WI under the Section 8 program is 10.5%. 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 Bram?s Addition, 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
    		850
    Total Units Section 8
    		799
    % Rentals under Section 8
    		10.5%
    % Occupied Section 8
    		83.7%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$40$1,200$1,160
    2 Bedroom-$70$1,400$1,330
    3 Bedroom-$50$1,800$1,750
    4 Bedroom-$750$2,700$1,950

    Affordability — Bram’s Addition, Madison, WI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.4
    Median Home Price$366,000
    Median Household Income$57,800

    Bram’s Addition, Madison, WI — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    53715

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    Capitol, Madison, WI

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    Frequently Asked Questions