53714, Madison, WI

Home Equity and Home Prices in the 53714 Zip Code of Madison, WI

The zip code of 53714 in Madison, Wisconsin has a median home value of $269,900. This is higher than the statewide median home value of $177,500. The average home value in this zip code is also higher than the national average home value of $183,700. This indicates that there are more expensive homes in this zip code than elsewhere in Wisconsin.

There are a number of factors that could contribute to the high home values in this zip code. Some potential reasons include its proximity to major universities and businesses, as well as its desirable location within Madison. Additionally, many homes here have been updated or remodeled recently which could also contribute to their high values.

Despite these factors, not all homes in this zip code are worth more than their counterparts elsewhere in Wisconsin. There are a number of neighborhoods within this zip code that have lower home values due to their location or condition. Additionally, some homeowners may be underwater on their mortgages and thus unable to sell their homes for what they originally paid for them. In spite of these challenges, however, the overall trend suggests that there are more expensive homes available for purchase in this zip code than elsewhere in Wisconsin.