How much is a home worth in ZIP code 53705?

The typical home in 53705 is worth $567,004, based on the Zillow Home Value Index.

Are home values rising in 53705?

Home values in 53705 are up 4.3% over the past year, and up 6.5% a year over five years.

What is the typical rent in 53705?

A typical home in 53705 rents for about $2,220 a month, a gross rental yield of 4.7%.

What is the property tax rate in 53705?

The effective property tax rate in 53705 is 1.7% — roughly $9,738 a year on a typical home.

ZIP code 53705 has a population of 25,017 and a median household income of $88,549.

HousingHandbookReference data

…

U.S. ZIP Code · WI53705

Dane County · Madison, WI

Typical home value

$567,004^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.3%
5-year / yr: +6.5%
10-year / yr: +6.4%

Relative price

vs U.S.: +99.6%
vs metro: +31.7%
vs state: +85.8%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 53705 is worth $567,004 — 31.7% above the Madison, WI median. Over the past year, values have risen 4.3%. Homes here rent for a typical $2,220 a month — a 4.7% gross rental yield. The effective property tax rate is 1.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,220^[2]
Gross yield: 4.7%^[2]
Cap rate: 2.8%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.7%^[3]
Typical annual tax: $9,738^[3]

#Climate risk

FEMA National Risk Index ratings for Dane County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 25,017^[3]
Median household income: $88,549^[3]

#Migration

Household moves in and out of Dane County over a year, from IRS tax-return data.

Net migration: +1,189^[5]
Moved in: 16,646
Moved out: 15,457

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 8
Elementary: 5
Middle: 2
High: 1

Hamilton Middle
Middle · Grades 6–8 · Madison Metropolitan School District
768 students
Stephens Elementary
Elementary · Grades PK–5 · Madison Metropolitan School District
482 students
Van Hise Elementary
Elementary · Grades K–5 · Madison Metropolitan School District
421 students
Muir Elementary
Elementary · Grades PK–5 · Madison Metropolitan School District
418 students
Shorewood Hills Elementary
Elementary · Grades PK–5 · Madison Metropolitan School District
382 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.7%

Net yield (after ~40% expenses)2.8%

Annual rent$26,637

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,867

Loan principal$453,603

Down payment$113,401

Total interest paid$578,545

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.87

Monthly cost to own$4,152

Monthly rent$2,220

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 56th percentile^[1]
Rental yield: 70th percentile^[2]
Property tax: 92nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 53705?: The typical home in 53705 is worth $567,004, based on the Zillow Home Value Index.
Are home values rising in 53705?: Home values in 53705 are up 4.3% over the past year, and up 6.5% a year over five years.
What is the typical rent in 53705?: A typical home in 53705 rents for about $2,220 a month, a gross rental yield of 4.7%.
What is the property tax rate in 53705?: The effective property tax rate in 53705 is 1.7% — roughly $9,738 a year on a typical home.
Who lives in 53705?: ZIP code 53705 has a population of 25,017 and a median household income of $88,549.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

53528 vs 53705 →
Cross Plains, WI
Typical home
$539,391
Gross yield
—
53597 vs 53705 →
Waunakee, WI
Typical home
$599,510
Gross yield
4.1%
53593
Verona, WI
Typical home
$600,161
Gross yield
3.9%
53717
Madison, WI
Typical home
$518,119
Gross yield
4.0%
53517
Blue Mounds, WI
Typical home
$514,564
Gross yield
—
53711
Fitchburg, WI
Typical home
$513,232
Gross yield
4.0%

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Pit ZIP 53705 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · WI53705

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