Anytime there is a “best” list for real estate, we always hope to be on it. This time, a major market in Wisconsin is. Madison, Wisconsin is considered to be one of the 9 markets in the country with rising real estate values. According to research done by Zillow, Madison came in at #4 on the list of markets with the greatest year-over-year median home value increases from October 2010 to October 2011.
Madison #4 with a 1.3% increase in median home values
The top winner is Tulsa, OK with a year over year change of 6.2% increase in median home value. Most of the markets averaged 1.6%. Madison came in with 1.3% increase in median home value in this report with a Median home vale of $192,400.
To see the whole list, see this Inman article
Madison was also named to another favorable list: The best run cities in America
24/7 Wall St has completed it’s first annual ranking of best and worst run cities and Madison, WI made the best list at number 3 out of the 100 largest cities.
The economies of the best run cities in America create employment opportunities and Madison consistently has a low average unemployment rate, with major employers being the University of Wisconsin Madison, UW hospitals, State Government and businesses such as Rayovac and American Family Insurance.
Some facts about Madison noted in 24/7 Wall Street’s report on the 100 largest cities:
- Madison, WI had the 21st lowest crime level
- Madison, WI had the 40th lowest poverty rate
- Madison, WI had the 3rd highest adult population high school graduation rate of 95.1%
- Madison, WI has a stable credit rating.
Moving to Madison
If both these “best lists” sound good to you, learn more about Madison and the real estate available for sale there. First Weber has numerous real estate offices in the Madison area, and almost 50 across the state of Wisconsin. Our Full service Relocation Department could assist you in relocating to Madison, WI.
Thank you for reading the First Weber Wisconsin real estate & Wisconsin living blog for information on Madison, WI: rising home values and a well managed city.
photo credit http://www.flickr.com/photos/rahimageworks/5350133212/