The story of this market
The typical home in ZIP 53588 sells for about $469,900, or $232 per square foot.
Prices are up +22.1% from a year ago, so sellers still have some momentum. Homes take about 50 days to sell. HUD's fair market rent for a two-bedroom is $988 a month.
ZIP 53588 — Spring Green
The housing market in 53588 is characterized by low inventory and steady demand, with prices reflecting a rural-suburban premium. While sales volume remains modest, the market is supported by its appeal to lifestyle buyers and proximity to Madison, keeping conditions competitive for well-priced properties.
This area is well-suited for families and individuals seeking a rural lifestyle with access to cultural landmarks and outdoor recreation, while remaining within commuting distance of Madison.
Median prices moved up 22.1% year over year.
Homes spend a median of 50 days on market with 1.4 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.0% · poverty 7.4% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 53588, Wisconsin
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the River Valley School District, which is generally regarded for its rural community focus and small class sizes.
The region is subject to standard Midwestern weather risks including severe thunderstorms and winter weather; flood risk is localized to areas near the Wisconsin River.
Economic momentum is driven by local tourism, agriculture, and proximity to Madison-area employment hubs, with steady interest in residential land development.
Property taxes are assessed at the municipal and county levels in Wisconsin, with rates determined by local school district and municipal levies; specific exemptions for primary residences (lottery credit) apply.
Commuting primarily involves personal vehicle travel via US Highway 14 toward Madison, which serves as the primary regional employment core.
The area features significant natural amenities including the Wisconsin River, Frank Lloyd Wright's Taliesin, and numerous local parks and trails suitable for outdoor recreation.
The rental market is characterized by limited inventory and steady demand, with a mix of long-term residential rentals and seasonal housing options.
The local economy is anchored by tourism, agriculture, and small-scale manufacturing, with many residents commuting to the broader Madison metropolitan area for professional employment.
Transportation is heavily reliant on private vehicle use, with US Highway 14 serving as the primary arterial corridor for regional connectivity.
Development is primarily focused on low-density residential expansion and the preservation of agricultural land, with limited large-scale commercial projects.
Parcels are subject to local school district levies and county-level property tax assessments, with no major MUD/PID structures reported.
Property insurance premiums are influenced by regional weather patterns, including wind and hail exposure common to the Upper Midwest.
Data retrieved from data.census.gov ZCTA 53588 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
The estate and architectural school of Frank Lloyd Wright, a major regional cultural anchor.
Provides extensive opportunities for boating, fishing, and scenic recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.