The highest-value homes in Madison

Every city has its showpiece homes — the ones that define luxury living. And as prices continue to rise across the U.S., the most valuable properties showcase just how high local markets can go. The high-end housing market in particular has reached new heights in 2025, with the typical luxury home selling for a record $1.35 million in March. The million-dollar price tag no longer even qualifies as "luxury" in most places.

So, what do Madison's most glamorous homes look like? To find out, Redfin Real Estate found the city's highest-value homes based on their Redfin Estimate.

#1. 531 Farwell Dr, Madison, WI 53704
- Approximate home value: $5,202,564
- Beds: not available
- Baths: not available
- Square feet: not available
- See 531 Farwell Dr, Madison, WI 53704 on Redfin.com

#2. 659 Farwell Dr, Madison, WI 53704
- Approximate home value: $5,138,244
- Beds: not available
- Baths: not available
- Square feet: not available
- See 659 Farwell Dr, Madison, WI 53704 on Redfin.com

#3. 309 Lakewood Blvd, Madison, WI 53704
- Approximate home value: $4,970,278
- Beds: not available
- Baths: not available
- Square feet: not available
- See 309 Lakewood Blvd, Madison, WI 53704 on Redfin.com

#4. 3620 Lake Mendota Dr, Madison, WI 53705
- Approximate home value: $4,925,902
- Beds: not available
- Baths: not available
- Square feet: not available
- See 3620 Lake Mendota Dr, Madison, WI 53705 on Redfin.com

#5. 662 State St, Madison, WI 53703
- Approximate home value: $4,806,330
- Beds: not available
- Baths: not available
- Square feet: not available
- See 662 State St, Madison, WI 53703 on Redfin.com

#6. 1101 Farwell Dr, Madison, WI 53704
- Approximate home value: $4,775,447
- Beds: not available
- Baths: not available
- Square feet: not available
- See 1101 Farwell Dr, Madison, WI 53704 on Redfin.com

#7. 731 Farwell Dr, Madison, WI 53704
- Approximate home value: $4,590,774
- Beds: not available
- Baths: not available
- Square feet: not available
- See 731 Farwell Dr, Madison, WI 53704 on Redfin.com

#8. 615 Farwell Dr, Madison, WI 53704
- Approximate home value: $4,564,480
- Beds: not available
- Baths: not available
- Square feet: not available
- See 615 Farwell Dr, Madison, WI 53704 on Redfin.com

#9. 5404 Lake Mendota Dr, Madison, WI 53705
- Approximate home value: $4,503,045
- Beds: 5
- Baths: 5.5
- Square feet: 5,849
- See 5404 Lake Mendota Dr, Madison, WI 53705 on Redfin.com

#10. 5852 Thorstrand Rd, Madison, WI 53705
- Approximate home value: $4,477,820
- Beds: 6
- Baths: 5.5
- Square feet: 8,400
- See 5852 Thorstrand Rd, Madison, WI 53705 on Redfin.com

#11. 415 Farwell Dr, Madison, WI 53704
- Approximate home value: $4,431,550
- Beds: not available
- Baths: not available
- Square feet: not available
- See 415 Farwell Dr, Madison, WI 53704 on Redfin.com

#12. 16 Fuller Ct, Madison, WI 53704
- Approximate home value: $4,410,043
- Beds: not available
- Baths: not available
- Square feet: not available
- See 16 Fuller Ct, Madison, WI 53704 on Redfin.com

#13. 1015 Farwell Ct, Madison, WI 53704
- Approximate home value: $4,364,679
- Beds: not available
- Baths: not available
- Square feet: not available
- See 1015 Farwell Ct, Madison, WI 53704 on Redfin.com

#14. 301 Farwell Dr, Madison, WI 53704
- Approximate home value: $4,306,895
- Beds: not available
- Baths: not available
- Square feet: not available
- See 301 Farwell Dr, Madison, WI 53704 on Redfin.com

#15. 1155 Farwell Dr, Madison, WI 53704
- Approximate home value: $4,222,066
- Beds: not available
- Baths: not available
- Square feet: not available
- See 1155 Farwell Dr, Madison, WI 53704 on Redfin.com

Methodology

Redfin Estimate data as of September 11, 2025. Bedroom, bathroom, and square footage data may not be available or accurate. Secondary addresses may not be included. Value estimates may not reflect what the house could actually sell for.