Madison FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Madison, Wisconsin.

Featured Foreclosure Listings in Madison, WI

Madison Home Foreclosure Listing ID: 2163713

Foreclosure

Madison, WI - 53704

2 Bd | 1 Ba | $57,900.00

Madison Home Foreclosure Listing ID: 2163778

Foreclosure

Madison, WI - 53704

2 Bd | 2 Ba | $79,900.00

Madison Home Foreclosure Listing ID: 2011191

Foreclosure

Madison, WI - 53704

4 Bd | 2 Ba | $126,000.00

Madison Home Foreclosure Listing ID: 2163701

Foreclosure

Madison, WI - 53713

2 Bd | 1 Ba | $139,900.00

Madison Home Foreclosure Listing ID: 2163769

Foreclosure

Madison, WI - 53704

4 Bd | 2 Ba | $225,000.00

Total: 26
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
18 Photos
SHERMAN TER UNIT 5 Madison WI 53704 Foreclosures 2 1 $57,900.00 Details
2
7 Photos
UTAH CT Madison WI 53704 Foreclosures 2 1 $134,900.00 Details
3
15 Photos
DIVISION ST Madison WI 53704 Foreclosures 4 2 $225,000.00 Details
4
32 Photos
NYGARD ST Madison WI 53713 Foreclosures 3 1 $134,900.00 Details
5
13 Photos
RESTON HEIGHTS DR UNIT 1 Madison WI 53718 Foreclosures 2 2 $99,900.00 Details
6
14 Photos
WHEELER CT UNIT B Madison WI 53704 Foreclosures 2 2 $79,900.00 Details
7
12 Photos
CHRISTIANSON AVE Madison WI 53714 Foreclosures 2 1 $79,900.00 Details
8
14 Photos
HAAS ST Madison WI 53704 Foreclosures 4 3 $143,000.00 Details
9
9 Photos
KENSINGTON DR Madison WI 53704 Foreclosures 3 1 $124,900.00 Details
10
9 Photos
DUNWOODY DR Madison WI 53713 Foreclosures 2 1 $139,900.00 Details
11
13 Photos
PRAIRIE RD Madison WI 53719 Foreclosures 3 3 $191,500.00 Details
12
16 Photos
CADDIS BND APT 102 Madison WI 53711 Foreclosures 2 2 $137,500.00 Details
13
14 Photos
PORTER AVE Madison WI 53704 Foreclosures 4 2 $126,000.00 Details
14
20 Photos
SHEARWATER ST Madison WI 53714 Foreclosures 4 2 $155,000.00 Details
15
15 Photos
CHAPMAN ST Madison WI 53711 Foreclosures 3 1 - Details
16
1 Photo
TROY DR Madison WI 53704 Foreclosures 3 1 - Details
17
2 Photos
BETTYS LN Madison WI 53711 Foreclosures 3 2 - Details
18
3 Photos
MONROE ST Madison WI 53711 Foreclosures - - - Details
19
3 Photos
BROWN LN Madison WI 53704 Foreclosures - - - Details
20
1 Photo
BASIL CT Madison WI 53704 Foreclosures 3 2 $160,900.00 Details
About our Listings

How to Buy Madison Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Madison, WI starts with finding listings. By browsing Madison foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Madison, WI.

>> See more info about how to Buy foreclosures

How to Invest in Madison Foreclosures

How to invest foreclosure

Madison foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Madison real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Madison foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Madison foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Madison

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Madison will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Madison, WI. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Madison apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Wisconsin Foreclosure Laws

Foreclosure law

Wisconsin real estate foreclosures are both judicial and non-judicial foreclosures in that foreclosure houses can be processed through either mechanism. In a judicial foreclosure, distressed properties in Madison have to be approved through a court before an auction can take place. In a non-judicial foreclosure, no court approval is required; the lender can file a Notice of Default and eventually put the auction up for sale. Real estate brokers can handle foreclosures after they have been either cleared by the court or put on the market by the lender. In either case, homes that do not sell at auction are now owned by the lender and are Madison REO properties.

Madison Banks Foreclosures

Bank Foreclosure

Madison bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Madison, WI are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Madison bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Madison Wisconsin to be similar to buying from an agent. Check our Madison bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Madison Government Foreclosures

Government Foreclosure

Madison Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Madison WI are another popular type of foreclosure, as are VA foreclosures in Madison, which are available from the Veterans Affairs Department for especially great deals. Check our Madison government foreclosure listings.

>> See more info about govermment foreclosures

Madison Pre-Foreclosures

Foreclosure

PreForeclosures in Madison are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Madison Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Madison Foreclosure Auctions

Foreclosure Auction

Most Madison foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Madison, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Madison, WI. We offer a comprehensive Madison foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Madison, Wisconsin

Find Home Foreclosure Listings in Madison, WI

Madison foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Madison, WI and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Madison Wisconsin, best affordable foreclosure condo in Madison, cheap apartments for sale, bargain foreclosed homes for sale in Madison, WI and earn huge savings on the homes YOU want to buy!

Our Madison Foreclosure Lists

You can find Madison foreclosure homes for sale which you can buy for living or investment. Simply click through our Madison foreclosure home listings to find government foreclosures and bank owned homes in Madison area. If you're searching for a deep discount or low prices on real estate then searching our Madison foreclosure lists for homes foreclosure for sale or short sale listing in Madison is your answer. Our up-to-date Madison short sale listings provide the latest investing opportunities on affordable Madison bank owned property listings, government pre foreclosure lists, Madison banrkuptcy homes and Madison HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Madison, you should have little trouble finding the cheapest deal on a foreclosed home in Madison, Wisconsin.

You can also search Windsor foreclosure listings and Black Earth foreclosure listings for more properties in the neighboring area.



Madison, WI

As of 2011, Madison's population is 224,691 people. Since 2000, it has had a population growth of 7. 98 percent. The median home cost in Madison is $206,300. Home appreciation the last year has been -1. 66 percent. Compared to the rest of the country, Madison's cost of living is 9. 30% Higher than the U. S. average. Madison public schools spend $7,346 per student. The average school expenditure in the U. S. is $5,678. There are about 13. 9 students per teacher in Madison. The unemployment rate in Madison is 4. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Madison jobs have Decreased by 0. 76 percent. Average Commute time is 21 minutes. The National Average is 28 minutes.

Peoplemadison, wiUS
Population224,691307,829,557
Pop Density3,28987
Pop Change7.98%9.34%
Median Age34.136.6
Households96,959116,329,167
Household Size2.22.58
Male Population49.83%49.31%
Female Population50.17%50.69%
Married Population35.42%47.15%
Single Population64.58%52.85%
Estimated Households By Household Incomemadison, wiUS
Income Less Than 15k12.41%12.10%
Income Between 15k And 25k9.44%10.18%
Income Between 25k And 35k10.44%10.56%
Income Between 35k And 50k16.48%14.98%
Income Between 50k And 75k20.50%19.53%
Income Between 75k And 100k12.95%12.52%
Income Between 100k And 150k11.58%12.14%
Income Between 150k And 250k3.34%3.91%
Income Between 250k And 500k2.41%3.34%
Income Greater Than 500k0.44%0.75%
Economymadison, wiUS
Unemployment Rate4.90%9.10%
Recent Job Growth-0.76%-0.12%
Future Job Growth33.58%31.25%
Sales Taxes5.50%6.80%
Income Taxes6.75%6.25%
Income Per Cap$29,230$27,067
Household Income$51,255$52,954
Housingmadison, wiUS
Median Home Age37.935.1
Median Home Cost$206,300$175,100
Home Appreciation-1.66%-3.15%
Homes Owned49.00%59.90%
Housing Vacant6.93%10.37%
Homes Rented44.07%29.73%
Property Tax Rate$21.40$11.20
Owner Occupied Housing Units By Valuemadison, wiUS
Less Than 20k0.87%2.65%
20k To 399990.69%3.76%
40k To 599990.46%4.99%
60k To 799990.68%6.01%
80k To 999991.34%7.27%
100k To 14999915.26%19.24%
150k To 19999931.08%14.67%
200k To 29999934.06%18.09%
300k To 3999998.67%9.14%
400k To 4999993.38%4.94%
500k To 7499992.76%5.42%
750k To 9999990.49%2.03%
1kk Or More0.26%1.77%
Educationmadison, wiUS
School Expend$7,346$5,678
Pupil Teacher Ratio13.914.9
Students Per Librarian520803
Students Per Counselor657513
2 Yr College Grad7.83%7.47%
4 Yr College Grad27.78%17.42%
Graduate Degrees23.49%10.12%
High School Grads94.52%84.72%
Crimemadison, wiUS
Violent Crime44
Property Crime54
Housing Units By Year Structure Builtmadison, wiUS
1999 To 200513.87%13.71%
1995 To 19985.42%8.54%
1990 To 19947.14%5.77%
1980 To 198910.63%13.87%
1970 To 197915.90%16.17%
1960 To 196914.45%11.70%
1950 To 195911.84%11.08%
1940 To 19495.83%6.02%
1939 Or Earlier14.92%13.15%

Table Information