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Cities with the most expensive homes in the Madison metro area

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ungvar // Shutterstock
ungvar // Shutterstock

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Madison metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 57 cities and towns.

You may also like: Cities with the fastest-growing home prices in the Madison metro area

#30. Madison, WI

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#30. Madison, WI

- Typical home value: $426,336
- 1-year price change: +2.5%
- 5-year price change: +27.1%

#29. Stoughton, WI

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#29. Stoughton, WI

- Typical home value: $435,318
- 1-year price change: +4.6%
- 5-year price change: +31.3%

#28. Sun Prairie, WI

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#28. Sun Prairie, WI

- Typical home value: $443,196
- 1-year price change: +3.5%
- 5-year price change: +27.4%

#27. De Forest, WI

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#27. De Forest, WI

- Typical home value: $451,041
- 1-year price change: +2.8%
- 5-year price change: +25.7%

#26. Blue Mounds, WI

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#26. Blue Mounds, WI

- Typical home value: $456,761
- 1-year price change: +1.1%
- 5-year price change: +23.5%

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#25. Lodi, WI

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#25. Lodi, WI

- Typical home value: $470,040
- 1-year price change: +2.7%
- 5-year price change: +23.9%

#24. Monona, WI

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#24. Monona, WI

- Typical home value: $476,859
- 1-year price change: +1.6%
- 5-year price change: +31.2%

#23. Cottage Grove, WI

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#23. Cottage Grove, WI

- Typical home value: $479,169
- 1-year price change: +3.1%
- 5-year price change: +30.1%

#22. Montrose, WI

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#22. Montrose, WI

- Typical home value: $481,516
- 1-year price change: +2.4%
- 5-year price change: +20.7%

#21. McFarland, WI

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#21. McFarland, WI

- Typical home value: $493,449
- 1-year price change: +2.0%
- 5-year price change: +23.9%

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#20. Oregon, WI

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#20. Oregon, WI

- Typical home value: $496,294
- 1-year price change: +2.6%
- 5-year price change: +30.7%

#19. Brooklyn, WI

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#19. Brooklyn, WI

- Typical home value: $500,784
- 1-year price change: +5.4%
- 5-year price change: +33.1%

#18. Christiana, WI

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#18. Christiana, WI

- Typical home value: $503,894
- 1-year price change: +5.6%
- 5-year price change: +28.0%

#17. Dane, WI

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#17. Dane, WI

- Typical home value: $505,390
- 1-year price change: +2.5%
- 5-year price change: +37.6%

#15. Cross Plains, WI

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#15. Cross Plains, WI

- Typical home value: $514,848
- 1-year price change: +2.6%
- 5-year price change: +25.5%

#14. Windsor, WI

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#14. Windsor, WI

- Typical home value: $524,119
- 1-year price change: +2.2%
- 5-year price change: +29.4%

#13. Medina, WI

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#13. Medina, WI

- Typical home value: $525,563
- 1-year price change: +2.5%
- 5-year price change: +29.0%

#12. Burke, WI

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#12. Burke, WI

- Typical home value: $544,155
- 1-year price change: +1.4%
- 5-year price change: +26.7%

#10. Roxbury, WI

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#10. Roxbury, WI

- Typical home value: $586,116
- 1-year price change: +3.3%
- 5-year price change: +34.8%

#9. Verona, WI

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#9. Verona, WI

- Typical home value: $593,445
- 1-year price change: +0.9%
- 5-year price change: +27.2%

#8. Middleton, WI

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#8. Middleton, WI

- Typical home value: $619,009
- 1-year price change: +2.0%
- 5-year price change: +29.0%

#7. Vienna, WI

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#7. Vienna, WI

- Typical home value: $621,379
- 1-year price change: +1.2%
- 5-year price change: +20.1%

#5. Bristol, WI

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#5. Bristol, WI

- Typical home value: $646,568
- 1-year price change: +3.6%
- 5-year price change: +31.2%

#4. Vermont, WI

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#4. Vermont, WI

- Typical home value: $689,350
- 1-year price change: -0.9%
- 5-year price change: +13.2%

#3. Springfield, WI

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#3. Springfield, WI

- Typical home value: $691,764
- 1-year price change: +2.6%
- 5-year price change: +26.4%

#2. Maple Bluff, WI

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#2. Maple Bluff, WI

- Typical home value: $1,049,241
- 1-year price change: +7.0%
- 5-year price change: +41.8%