How much is a home worth in ZIP code 53716?

The typical home in 53716 is worth $417,152, based on the Zillow Home Value Index.

Are home values rising in 53716?

Home values in 53716 are up 3.3% over the past year, and up 6.8% a year over five years.

What is the typical rent in 53716?

A typical home in 53716 rents for about $1,997 a month, a gross rental yield of 5.7%.

What is the property tax rate in 53716?

The effective property tax rate in 53716 is 1.7% — roughly $7,078 a year on a typical home.

ZIP code 53716 has a population of 18,596 and a median household income of $91,716.

HousingHandbookReference data

…

U.S. ZIP Code · WI53716

Dane County · Madison, WI

Typical home value

$417,152^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.3%
5-year / yr: +6.8%
10-year / yr: +7.2%

Relative price

vs U.S.: +46.8%
vs metro: -3.1%
vs state: +36.7%

Price history

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

The typical home in 53716 is worth $417,152 — 3.1% below the Madison, WI median. Over the past year, values have risen 3.3%. Homes here rent for a typical $1,997 a month — a 5.7% 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: $1,997^[2]
Gross yield: 5.7%^[2]
Cap rate: 3.4%^[2]

#Property tax

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

Effective tax rate: 1.7%^[3]
Typical annual tax: $7,078^[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: 18,596^[3]
Median household income: $91,716^[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: 4
Middle: 1
High: 3

LaFollette High
High · Grades 9–12 · Madison Metropolitan School District
1,527 students
Monona Grove High
High · Grades 9–12 · Monona Grove School District
1,144 students
Winnequah School
Elementary · Grades PK–5 · Monona Grove School District
642 students
Sennett Middle
Middle · Grades 6–8 · Madison Metropolitan School District
579 students
Dr Virginia Henderson Elementary School
Elementary · Grades PK–5 · Madison Metropolitan School District
463 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 yield5.7%

Net yield (after ~40% expenses)3.4%

Annual rent$23,958

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$2,109

Loan principal$333,722

Down payment$83,430

Total interest paid$425,643

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 ratio1.53

Monthly cost to own$3,048

Monthly rent$1,997

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: 69th percentile^[1]
Rental yield: 95th percentile^[2]
Property tax: 88th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 53716?: The typical home in 53716 is worth $417,152, based on the Zillow Home Value Index.
Are home values rising in 53716?: Home values in 53716 are up 3.3% over the past year, and up 6.8% a year over five years.
What is the typical rent in 53716?: A typical home in 53716 rents for about $1,997 a month, a gross rental yield of 5.7%.
What is the property tax rate in 53716?: The effective property tax rate in 53716 is 1.7% — roughly $7,078 a year on a typical home.
Who lives in 53716?: ZIP code 53716 has a population of 18,596 and a median household income of $91,716.

#Comparable ZIPs

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

53559 vs 53716 →
Marshall, WI
Typical home
$415,721
Gross yield
—
53955 vs 53716 →
Lake Wisconsin CDP, WI
Typical home
$406,460
Gross yield
—
53560
Mazomanie, WI
Typical home
$428,321
Gross yield
—
53523
Lake Ripley CDP, WI
Typical home
$428,367
Gross yield
—
53531
Deerfield, WI
Typical home
$429,332
Gross yield
—
53718
Madison, WI
Typical home
$430,655
Gross yield
4.7%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 53716 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · WI53716

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