ZIP Code 53705 — Madison, WI Home Prices (2026)

The typical home in ZIP 53705 (Madison, Wisconsin) is worth about $568,000 at roughly $359 per square foot — 29% more expensive than the Madison median and 93% more expensive than the typical U.S. home.

$568,000

Typical home value

$359

Price per sq ft

#2 of 12

Madison ZIPs by value

+29%

vs Madison median

How 53705 compares

ZIP 53705 is one of the pricier ZIP codes in Madison: its typical home value of $568,000 ranks #2 of the 12 Madison ZIP codes we track (the citywide range runs from $366,000 in 53713 to $819,000 in 53726). Per square foot it costs about $359, against $258 for Madison as a whole, $209 for Wisconsin, and $195 nationally.

Area	Typical value	$ / sq ft
ZIP 53705	$568,000	$359
Madison, WI	$441,500	$258
Wisconsin	$317,000	$209
United States	$294,000	$195

Home value by size in 53705

Using this ZIP’s rate of about $359 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home size	Estimated value
1,000 sq ft	$359,000
1,500 sq ft	$538,500
2,000 sq ft	$718,000
2,500 sq ft	$897,500
3,000 sq ft	$1,077,000

Salary needed to buy a home in ZIP 53705

To buy the typical $568,000 home in ZIP 53705 with 20% down, you need a household income of roughly $155,000 a year (about $3,610 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $184,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$28,400	$4,480/mo	$192,000/yr
10% (+PMI)	$56,800	$4,280/mo	$184,000/yr
20%	$113,600	$3,610/mo	$155,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 53705

At about $359 per square foot, here is roughly how much home different budgets get you in ZIP 53705:

Budget	Approx. size	What that looks like locally
$300k	840 sq ft	below the local median — condos, smaller or older homes
$400k	1110 sq ft	below the local median — condos, smaller or older homes
$500k	1390 sq ft	around the typical home here
$600k	1670 sq ft	around the typical home here
$750k	2090 sq ft	above the median — larger homes or the pricier ZIPs

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 53705 home.

Estimate a specific home in 53705

The estimator below is pre-set to ZIP 53705 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Madison ZIP codes by home value

Where 53705 sits among Madison’s 12 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	53726	$819,000	$369
2	53705 (this page)	$568,000	$359
3	53717	$524,000	$229
4	53715	$520,000	$353
5	53711	$516,000	$266
6	53703	$447,000	$427
7	53719	$436,000	$220
8	53718	$434,000	$228
9	53716	$423,000	$250
10	53714	$387,000	$294
11	53704	$384,000	$234
12	53713	$366,000	$213

ZIP 53705 home prices: frequently asked

What is the average home price in ZIP code 53705? +

The typical home in ZIP 53705 (Madison, WI) is worth about $568,000 as of 2026. That is 29% more expensive than the Madison median of $441,500 and 93% more expensive than the U.S. median of $294,000.

What is the price per square foot in 53705? +

About $359 per square foot in 53705, versus $258 across Madison and $209 across Wisconsin. At that rate a 1,500 sq ft home runs roughly $538,500 and a 2,500 sq ft home about $897,500.

What salary do you need to buy a house in ZIP 53705? +

For the typical $568,000 home in ZIP 53705, a household income of about $155,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $184,000; with 5% down about $192,000.

Is 53705 an expensive ZIP code? +

Within Madison, 53705 ranks #2 of 12 ZIP codes by typical home value, which makes it one of the pricier ZIP codes in Madison. Nationally it is relatively expensive.

See the full Madison home values page, all Wisconsin cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.