ZIP Code 53716 — Madison, WI Home Prices (2026)
The typical home in ZIP 53716 (Madison, Wisconsin) is worth about $423,000 at roughly $250 per square foot — 4% more affordable than the Madison median and 44% more expensive than the typical U.S. home.
How 53716 compares
ZIP 53716 is one of the more affordable ZIP codes in Madison: its typical home value of $423,000 ranks #9 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 $250, against $258 for Madison as a whole, $209 for Wisconsin, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 53716 | $423,000 | $250 |
| Madison, WI | $441,500 | $258 |
| Wisconsin | $317,000 | $209 |
| United States | $294,000 | $195 |
Home value by size in 53716
Using this ZIP’s rate of about $250 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 | $250,000 |
| 1,500 sq ft | $375,000 |
| 2,000 sq ft | $500,000 |
| 2,500 sq ft | $625,000 |
| 3,000 sq ft | $750,000 |
Salary needed to buy a home in ZIP 53716
To buy the typical $423,000 home in ZIP 53716 with 20% down, you need a household income of roughly $115,000 a year (about $2,690 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $137,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $21,200 | $3,340/mo | $143,000/yr |
| 10% (+PMI) | $42,300 | $3,190/mo | $137,000/yr |
| 20% | $84,600 | $2,690/mo | $115,000/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 53716
At about $250 per square foot, here is roughly how much home different budgets get you in ZIP 53716:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 800 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1000 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1200 sq ft | below the local median — condos, smaller or older homes |
| $400k | 1600 sq ft | around the typical home here |
| $500k | 2000 sq ft | around the typical home here |
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 53716 home.
Estimate a specific home in 53716
The estimator below is pre-set to ZIP 53716 — 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 53716 sits among Madison’s 12 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 53726 | $819,000 | $369 |
| 2 | 53705 | $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 (this page) | $423,000 | $250 |
| 10 | 53714 | $387,000 | $294 |
| 11 | 53704 | $384,000 | $234 |
| 12 | 53713 | $366,000 | $213 |
ZIP 53716 home prices: frequently asked
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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.