The Madrona housing market is very competitive. The median sale price of a home in Madrona was $1.2M last month, up 20.8% since last year. The median sale price per square foot in Madrona is $663, up 28.8% since last year.
In March 2024, Madrona home prices were up 20.8% compared to last year, selling for a median price of $1.2M. On average, homes in Madrona sell after 17 days on the market compared to 23 days last year. There were 18 homes sold in March this year, down from 20 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,152,500
+20.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Madrona, WA
$1,152,500
+20.8%
United States
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How hot is the Madrona housing market?
Madrona is very competitive. Homes sell in 12 days.
0
100
83
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 12 days.
Hot homes
can sell for about 2% above list price and go pending in around 6 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Madrona housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Madrona.
Risk Factor
Flood Factor - Minor
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Madrona has a minor risk of flooding. 30 properties in Madrona are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Madrona. Flood risk is increasing slower than the national average.