53704 — Madison, WI Home Values
Typical home value $386,256 as of June 2026 · 37th of 59 in Madison, WI
Blue: typical home value (Zillow ZHVI) in ZIP code 53704, June 2021 to June 2026. This page shows observed data only; no forecast.
How 53704 compares in the Madison, WI area
ZIP code 53704 (Madison, WI) has a typical home value of $386,256 as of June 2026, ranking 37th of 59 ZIP codes tracked in the Madison, WI area, more expensive than about 39% of ZIP codes in the metro. Prices here have moved +1.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +22.1%, from $316,466 in June 2021 to $386,256 in June 2026. Against observed rent, the typical home here sells for 19.9× the annual rent ($1,618/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Madison, WI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Madison.
Population and demographics
ZIP code 53704 has a population of 47,136, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 67.8% White, 11.4% Black or African American, 8.9% Hispanic or Latino, 6.5% two or more races, 4.8% Asian, 0.4% another race, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Lake View Elementary | 1802 Tennyson Ln, Madison, WI | 0.7 mi |
| Isthmus Montessori Academy Public | 1802 Pankratz St, Madison, WI | 1.2 mi |
| Gompers Elementary | 1502 Wyoming Way, Madison, WI | 1.3 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 53704?
$386,256 as of June 2026, the latest month Zillow has published observed data for.
Is 53704 an expensive ZIP code in the Madison, WI area?
53704 ranks 37th of 59 ZIP codes in the Madison, WI area by typical home value, more expensive than about 39% of ZIP codes in the metro.
How much have home values in 53704 changed over the past year?
+1.8% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 53704?
The typical home price is 19.9× the observed annual rent in this ZIP code ($1,618/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 53704?
47,136, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 53704?
Lake View Elementary (0.7 mi), Isthmus Montessori Academy Public (1.2 mi), Gompers Elementary (1.3 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 53704?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Madison, WI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.