The Isthmus Lifestyle: 2025 Q4 Downtown Condo Market Update

Owning a home in the heart of Madison is a special thing. You get to experience our exceptional food scene, one-of-a-kind farmers’ market, and more events than you can count. Over the last 20 years, it’s also been an excellent investment, as condo values continue to appreciate at a healthy rate. 

Here’s a run down of how the downtown Madison condo market fared last quarter. 

21 condos sold in 2025 Q4, a 13% decrease from 2024 Q4. This was likely due to market and rate uncertainty rather than a weakening market. This assumption is supported by the ~3% increase in both overall sale price (up to $505k) and price per square foot (up to $422). For those sellers savvy enough to list with a Sprinkman agent, their average sale price was another 28% higher (at $647k).

The property market in winter months in Madison is always slower. After all, who wants to move a couch when it’s 20 below? Spring will be here soon enough though, and things are already starting to heat up with downtown condos. As of February 3, there are 14 Active or Pending listings and 5 Delayed (aka “Coming Soon”). 

 Are you considering selling this Spring? Or maybe you’d like to join the enviable group of downtown condo owners? Give us a call to get started! With over $110 million in downtown condo sales since 2016, no other real estate office has more experience. We’d love to show you why we’re #1 when it comes to downtown condos. 

"Working with Jeff to sell our downtown condo and buy a house was a really great experience. He was responsive and very clear with all communication. He obviously knows downtown Madison and the condo market very well, and it resulted in us accepting an offer over our asking price more than 30 days before our listing ever went active. For both the condo sale and house purchase, he was a strong advocate for us and we could tell he was doing everything possible to get us the best deal. "

– PRASHANT, DAYTON ROW CONDO, SOLD JULY 2025