Data: This analysis is derived from the Zillow Home Value Index (ZHVI 10/25).
Neighborhoods included have single family homes or single family homes +condos/apartments.
Madison WI is an expensive housing market relative to other midwestern cities, as outlined in this post. As of Fall 2025, the median sale price is well over $400,000.
Madison Neighborhoods Under $340,000 (ZHVI)
The good news is that there are still plenty of neighborhoods where average values are below $340,000 and a few below $300,000. This list was expanded from our typical “Top 10” format to include 15 neighborhoods, demonstrating the range of attainable options in Madison.
Key Note: Four of these most affordable neighborhoods also appear in our list of the Top 10 Fastest Appreciating Neighborhoods in Madison: Burr Oaks, Leopold, Park Ridge, and Dunns Marsh.
Links to neighborhood level search and market details pages are listed below the table.
| Rank | Neighborhood | Est. Average Home Value (ZHVI) |
| 1 | East Bluff | $210,784 |
| 2 | Leopold | $239,749 |
| 3 | Park Ridge | $244,114 |
| 4 | Sherman Village | $285,790 |
| 5 | Bram’s Addition | $306,662 |
| 6 | Bluff Acres | $307,927 |
| 7 | Hawthorne | $310,866 |
| 8 | Burr Oaks | $314,410 |
| 9 | Worthington Park | $317,298 |
| 10 | Nobel Park | $318,242 |
| 11 | Sherman | $321,917 |
| 12 | Berkley Oaks | $321,981 |
| 13 | Dunn’s Marsh | $322,177 |
| 14 | Mayfair Park | $325,984 |
| 15 | Carpenter-Ridgeway | $331,448 |
East Bluff
Neighborhood Level Search Links
Zillow | Realtor.com | Redfin
Neighborhood Level Overview and Housing Market Data Links
Zillow | Realtor.com | Redfin
Leopold
Neighborhood Level Search Links
Zillow | Realtor.com | Redfin
Neighborhood Level Overview and Housing Market Data Links
Zillow | Realtor.com | Redfin
Park Ridge
Sherman Village
Neighborhood Level Search Links
Zillow | Realtor.com | Redfin | Homes.com
Neighborhood Level Overview and Housing Market Data Links
Zillow | Realtor.com | Redfin | Homes.com
Bram’s Addition
Neighborhood Level Search Links
Zillow | Realtor.com | Homes.com
Neighborhood Level Overview and Housing Market Data Links
Zillow | Realtor.com | Homes.com
Bluff Acres
Hawthorne
Neighborhood Level Search Links
Zillow | Realtor.com | Redfin | Homes.com
Neighborhood Level Overview and Housing Market Data Links
Zillow | Realtor.com | Redfin | Homes.com
Burr Oaks
Neighborhood Level Search Links
Zillow | Realtor.com | Redfin | Homes.com
Neighborhood Level Overview and Housing Market Data Links
Zillow | Realtor.com | Redfin | Homes.com
Worthington Park
Neighborhood Level Search Links
Zillow | Realtor.com | Redfin | Homes.com
Neighborhood Level Overview and Housing Market Data Links
Zillow | Realtor.com | Redfin | Homes.com
Nobel Park
Sherman
Neighborhood Level Search Links
Zillow | Realtor.com | Redfin | Homes.com
Neighborhood Level Overview and Housing Market Data Links
Zillow | Realtor.com | Redfin | Homes.com
Berkley Oaks
Dunn’s Marsh
Neighborhood Level Search Links
Zillow | Realtor.com | Redfin | Homes.com
Neighborhood Level Overview and Housing Market Data Links
Zillow | Realtor.com | Homes.com
Mayfair Park
Neighborhood Level Search Links
Zillow | Realtor.com | Redfin
Neighborhood Level Overview and Housing Market Data Links
Zillow | Realtor.com | Redfin
Carpenter-Ridgeway
Neighborhood Level Search Links
Zillow | Realtor.com | Redfin | Homes.com
Neighborhood Level Overview and Housing Market Data Links
Zillow | Realtor.com | Redfin | Homes.com
Questions About Madison’s Market?
We’re happy to share data, context, and next steps tailored to your goals. Contact us.